CCI accords approval for demerger of hotels biz of ITC
ITC Hotels, a wholly owned subsidiary of ITC, has advised that the Competition Commission of India (CCI), vide letter dated 28 May 2024, has accorded approval to the proposed combination relating to demerger of the Demerged Undertaking comprising the Hotels Business of ITC into ITC Hotels on a going concern basis.
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First Published: May 29 2024 | 3:28 PM IST