News Formal

Tidy-up puts $70 bln tobacco giant in good company

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

India’s ITC is spinning off its hotels business but keeping a 40% stake. It may be the best way to close a valuation gap with its Tata-backed rival Indian Hotels and fully cash in on a tourism boom, says ShritamaBose

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India's ITC extends slide on plan to keep hotel business stake post spinoffShares of Indian conglomerate ITC shares fell as much as 3.3% on Tuesday, extending a slide from the previous session, as investors baulked at the company's plans to retain a 40% stake in its hotels business after spinning it off.
Source: Reuters - 🏆 2. / 97 Read more »