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Don’t miss the latest developments in business and finance.
ITC's luxury project in Colombo hit by headwinds as Sri Lanka economy sinks
Company says it remains focused on completing project in expeditious manner
Stuck with an investment in ITC? Here's how the stock looks on the charts
On year-to-date (YTD), basis, ITC has slipped nearly 24 per cent. In comparison, the Nifty FMCG index has gained 2 per cent, while the Nifty 50 has slipped 5.3 per cent during this period
ITC's two investments in the hotel sector take different directions
The investment in both the stocks, however, was about the same, around Rs 200 crore, though ITC did subscribe to EIH's rights issue in 2011.
ITC lines up Rs 10,000-cr investment to boost food processing business
CEO Sanjay Puri says biggest headroom to grow is in the FMCG space as internal capabilities can be leveraged there