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ITC EXPANSION PLAN
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- ITC Hotels Q4 PAT at Rs 317 crore, chain posts revenue of Rs 1,254 croreITC Hotels posted strong FY26 growth with higher revenue, profit and record hotel signings. The company acquired a luxury resort in Kumarak...
- Election impact! 6 West Bengal-linked stocks that can benefit from new BJP governmentThe BJP's decisive win in West Bengal signals a potential economic revival, with investors eyeing stocks poised to benefit from pro-growth ...
- ITC to conclude Rs 3,498-crore Century Pulp buy next weekThe transaction will be concluded next week after certain leases are transferred from Aditya Birla Real Estate, which houses Century Pulp a...
- AI-backed brand analytics platform GobbleCube raises $15 million funding led by Susquehanna Venture CapitalConsumer brand analytics platform GobbleCube has raised $15 million in funding led by Susquehanna Venture Capital, with participation from ...
- ITC betting big on tech, FMCG growth and hotel expansion; planning ₹20,000 crore capex: Sanjiv PuriITC Limited is prioritizing technology-led transformation, new business creation, and aggressive expansion across segments, including a sig...
- ITC Hotels to have a net worth of Rs 10,000 crore and debt-free balance sheetAs of March 2024, ITC Hotels' capital structure stood at approximately Rs 207.85 crore. However, this figure may see slight adjustments on ...
- 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...
- 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...
- ITC Hotels plans to add 70 properties in five years: CEOITC Hotels aims to bolster its portfolio to 200 hotels within the next five years, up from the current count of 130, by introducing propert...
- ITC plans to add 3 properties under Welcomhotel brandThe firm will be opening a 46-key hotel in Manali in a few months, it added. The company will also open a hotel in Dehradun under a managem...
- ITC acquires Nimyle floor cleaner, forays into home care spaceITC has been acquiring brands in the FMCG segment which largely have a regional presence at low prices as part of its strategy to expand pr...
- In top-level rejig, ITC appoints hotel business COO Dipak Haksar as unit’s CEOThe conglomerate, which runs the country’s second-largest hotel chain, has appointed hotel business chief operating officer Dipak Haksar as...
- ITC Hotels picks 26% stake in Espirit JV for Rs 45 croreITC Hotels has picked a 26% stake in a joint venture with Espirit Hotels to build a luxury hotel in Hyderabad. The stake is valued at Rs 45...
- ITC to go ahead with $2 billion investment planITC group said it is going ahead with its two billion dollar investment plan to double its capacity of 7,000 rooms to 14,000 in the next 4-...
- ITC to go slow on Choupal storesSlower agri reforms have impacted the momentum of ITC’s agri retail rollout as company’s front-end retail plans are integrated to the back-...
- KoPT clears additional land to ITCThe Kolkata Port Trust has cleared additional land for ITC Ltd for the expansion of its cigarette factory at Kidderpore, an official of the...
- Port Trust to give land to ITC at govt rateKolkata Port Trust would give land to ITC for expanding its cigarette factory at a rate fixed by the West Bengal government.
- ITC plans expansion of Choupal Fresh in stateITC is all set to make the best of the Maharashtra government’s retail-friendly policy by planning expansion of its retail initiative Choup...
- ITC to invest Rs 1,200 cr in WBDiversified group ITC Ltd has unveiled an investment plan of around Rs 1,200 crore to expand its existing hotel and cigarette business in W...
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