Wednesday, August 26
Kolkata: ITC Ltd Chairman Sanjiv Puri on Thursday announced plans to expand the company's hospitality footprint in West Bengal with three new hotels, alongside the five already in the pipeline.Speaking at the Business & Industry Conclave 2025, Puri said ITC is in the process of acquiring land for three hotel projects in Darjeeling, Kurseong and Sundarbans, aimed at tapping the state's growing tourism potential."These projects will further strengthen ITC's presence in Bengal's hospitality sector," he said, complimenting the government on the state becoming a preferred destination for international tourists.He did not disclose capex and other details.At present, ITC operates seven hotels in West Bengal, including two super luxury properties in Kolkata -- ITC Sonar and ITC Royal Bengal.In
AM Green, backed by the founders of Greenko Group, is joining hands with Japanese trading and investment company Mitsui & Co. to explore strategic collaboration across various energy transition initiatives like green ammonia, bio-fuels and metals. An MoU signed by both sides on Thursday also seeks potential equity investment in AM Green’s holding company that houses these businesses and also in the low carbon aluminium project that AM Green has started work on and will also include specific offtake rights by Mitsui and supply of auxiliary materials for the green aluminium smelter and alumina refinery, the companies said in a statement on Thursday. The value chain of metals involves raw materials like bauxite, chemicals, metals trading, shipping and port handling.This is the third maj
Indian equity markets may not deliver fireworks ahead, but they could still offer something investors value just as much — steady, healthy growth. That, in essence, is how Mark Matthews views the road ahead for India, describing the coming year as “boring” on the surface, yet fundamentally constructive beneath it. Speaking to ET Now, Matthews struck an optimistic tone on earnings, even as global markets grapple with volatility and shifting narratives from Wall Street. He believes the real story for India lies not in headline-driven rallies, but in the gradual payoff from policy actions already taken. “Well, I suppose the most recent GDP was one, but most of the data has not happened yet. It takes a while for the fiscal and monetary stimulus that was put into place this year to tric
