ITC Ltd is consolidating its shares in rival hospitality chains Oberoi and Leela. The company will acquire these shares from its wholly-owned subsidiary, Russell Credit Ltd. This step is part of ITC's ongoing process to demerge its hotel business into a separate entity. This move consolidates ITC's holdings under its own umbrella. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.