ITCHOTELS \u2014 Recent Activity

ITC Hotels expands with new Welcomhotel launch in Mohali, India

ITC Hotels reported surpassing 150 operational hotels with over 14,000 rooms during the quarter.

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Stocks to watch next week: Broadcom, Adobe, Oracle, British American Tobacco and Berkeley

Earnings preview of key companies reporting next week and what to look out for

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Trending tickers: Warner Bros. Discovery, Meta, SMX, Ocado and BAT

The latest investor updates on stocks that are trending on Friday

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British American Tobacco plans to offload stake in India's ITC Hotels

Dec 4 (Reuters) - British American Tobacco plans to offload its stake worth about $776 million in India's ITC Hotels, the company said on Thursday, as it looks to reduce debt and exit a non-strategic

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British American Tobacco (LSE:BATS) Awaits RBI Approval To Divest ITC Hotels Holdings

British American Tobacco (LSE:BATS) is poised at an important financial juncture, awaiting Reserve Bank of India approval to sell its stake in ITC Hotels, a move aimed at financial enhancement. This comes as the broader market, including the S&P 500 and Nasdaq Composite, achieved record highs, reflecting optimism around potential interest rate cuts by the Federal Reserve following consistent inflation data. BAT’s recent share price increase of 42% over the last quarter could be influenced by...

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Brigade Hotel Ventures' India IPO fully subscribed on second day of bids

Total bids matched the shares on offer, a fresh issue, exchange data showed as of 1:28 p.m. local time. Shares of the hotel operator, which is aiming for a valuation of around $397 million, are slated to list on July 31, Thursday. India's hotel operators are cashing in on the surge in travel, as both business and leisure trips rebound across the country.

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