ITC Demerger: Board Approves of Hotels Business In Principle; Stock Drops Over 4.3%; triggered negative sentiments

Introduction ITC Demerger: ITC Ltd., a well-known conglomerate with a wide range of companies, has made a big move toward restructuring its corporate structure. The demerger of ITC’s hotel division has received the board’s in-principle approval, opening the door for a fully owned subsidiary called ITC Hotels. This tactical move attempts to maximize the value…

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Twitter: Elon Musk Unveils X Logo and Future Plans for Twitter’s New Identity

Elon Musk, the owner of Twitter, made a startling revelation on Sunday about the social media platform’s intentions to do away with its recognizable bird emblem and undergo a significant change. Internet users and industry professionals are curious about the future of this well-liked microblogging network after the shocking statement. The Big Revelation, first Elon…

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ICICI Bank Q1 Results show that net profit increased by 40% to Rs. 9,648 billion and NII increased by 38% to Rs.18,222 Crore.

Introduction ICICI Bank Q1 Results: The largest private sector bank in the nation, ICICI Bank, has released important financial information on its first-quarter results for the fiscal year 2023–2024. Investors and financial aficionados alike are interested in the findings. The excellent performance of the bank is detailed in this article, emphasizing the rise in net…

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Yes Bank Q1 Results Preview: What the Market Expects as the Share Increases 13% in One Month — Detailed

Introduction Yes Bank Q1 Results: For the fiscal year 24 (FY24) quarter from April to June, Yes Bank will soon release its quarterly financial results. The results are widely anticipated by both investors and market watchers, particularly in light of the bank’s share price’s recent 13% increase. In this article, we will examine the Q1…

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