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demerger News

Aditya Birla Fashion Aims to Secure $500 Million in Funding Prior to Strategic Demerger

James Carter 16 Jan, 2025

Aditya Birla Fashion and Retail (ABFRL) is preparing to raise $500 million through equity shares ahead of its vertical demerger. Significant investments from Pilani Investment and ...

Business

ITC Hotels Aims for Accelerated Growth Post-Demerger: A New Era Begins

Michael Lee 15 Jan, 2025

ITC Hotels, post its demerger from the parent group, is focusing on accelerated growth with plans to expand to 200 hotels by 2030. The company is shifting towards a higher proporti...