ITC HOTELS

ITC Hotels’ Demerger To Mirror Reliance Industries-Jio Financial Playbook

ITC Hotels is set to follow in the footsteps of the Reliance Industries-Jio Financial demerger, with its decision to hive off the hotel business potentially affecting passive funds and exchange-traded funds (ETFs). As ITC is a significant component of popular indices like the Nifty 50 and Sensex, its demerger will...