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ITC To Boost RoCE By Up To 20% After Demerger of Hotels Business

ITC, in a bid to address investor concerns over the demerger of its hotels business, has outlined plans to boost its Return on Capital Employed (RoCE) by up to 20 per cent. The company aims to ensure that the new entity, ITC Hotels, maintains a well-capitalised, debt-free balance sheet. The demerger is designed to benefit […]

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