ITC Hotels eyes overseas expansion post-demergerITC plans to expand its hotel business internationally, starting with neighboring countries and West Asia. The newly demerged ITC Hotels Lt...
15 Jan, 2025, 04.24 PM IST
Nepalese billionaire owner of Wai Wai noodles plans pre-IPO funding for India unit in 2025Nepalese conglomerate CG Corp Global plans a pre-listing fundraise in early 2025 for its India unit, Wai Wai noodles. The funds will be use...
18 Sep, 2024, 05.08 PM IST
ITC announces Rs 20,000 crore investment across businessesITC Ltd planns to invest Rs 20,000 crore across businesses in the medium term, said Chairman Sanjiv Puri at the 113th annual general meetin...
27 Jul, 2024, 01.06 AM IST
Wai Wai maker CG Foods set to cut salt by 10-25%: CEOThe move comes amid tighter regulation and heightened scrutiny on packaged foods. "What the government is doing (in terms of regulation) is...
27 May, 2024, 12.31 AM IST
ITC brand Fortune Hotels targets opening a new hotel every month in FY25Elaborating on the challenges for India's hospitality sector, Samir said economic uncertainties, such as fluctuations in exchange rates, ge...
01 May, 2024, 05.15 PM IST
ITC exploring hotel business expansion opportunity in Nepal, Sri Lanka, Middle EastChairman and managing director Sanjiv Puri said ITC is looking to add more than 70 hotels over the next five years in India, mostly through...
25 Apr, 2024, 09.22 PM IST
ITC plans to open more hotels overseas: Sanjiv PuriBesides the hotels business, the company will look for opportunities to expand the presence of FMCG and other verticals in new overseas mar...
25 Apr, 2024, 03.32 PM IST
Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026The listing plans for the firm, which has a 28% share in the local instant noodles market and an annual revenue of 8 billion rupees ($96.2 ...
15 Apr, 2024, 09.01 AM IST
Time to elevate Roti-Beti ties to wider investment partnership, says NICCI Vice Prez"Despite pandemic, it was notable to witness an increase in export of Nepal to India in the last FY 2020/21 by 50 percent and India’s expor...
31 Mar, 2022, 11.52 AM IST
Long standing Indo-Nepal partnership threatened by vested interests in KathmanduAfter India became independent, the first Indian Prime Minister Jawaharlal Nehru stressed for economic development of Nepal to continue wit...
16 Jun, 2020, 07.44 PM IST
Sanjiv Puri's role after elevation will be to continue YC Deveshwar's legacyPuri, 56, becomes the fifth Indian chairman of the cigarette-FMCG-hotel giant, after Ajit Narain Haskar, J N Sapru, K L Chugh and Deveshwar.
13 May, 2019, 04.13 PM IST
Nepal Earthquake: Indian companies pulling out all stops to aid rescue mission, offering men, money and materialsEmployees at Godrej Industries will contribute one day’s salary for the quake victims and also assist in rehabilitation and reconstruction ...
28 Apr, 2015, 06.50 AM IST
ITC group to invest Rs 25k crore in hotel business in 5 yearsITC Group, has lined up investments of Rs 25,000 crore over the next five years, a top company official said.
15 Sep, 2012, 04.34 PM IST
ITC lines up big global plans for Bible-paper businessITC is one of the few paper manufacturers globally that can produce the high-strength yet super-thin paper that allows the voluminous Bible...
04 Aug, 2012, 10.59 AM IST
- Hospitality majors see biz in wildlife lodges
Indian safari seems to have come of age, with Taj Hotels, ITC and Leisure Hotels scouting for properties to promote high-end tours.
03 Jul, 2008, 01.29 AM IST
- Taj Hotels to answer call of the wild, lines up $4m investment
Taj’s group expansion plans appear to be in full swing not just globally but also in the domestic market.
18 Sep, 2006, 12.50 AM IST
- Y C Deveshwar is new CII chief
Y C Deveshwar succeeds Sunil Kant Munjal as the new CII president.
18 May, 2005, 06.44 PM IST