Tadeu Marroco

ITC's soon-to-be-demerged hotel business will not include any board representation from its largest shareholder, BAT, as indicated in the company's demerger document sent to shareholders. According to insights from an industry executive, this absence signals BAT's...

British multinational BAT PLC is set to sell up to a 3.5 percent stake in India’s ITC Ltd to institutional investors through a block trade.In a statement, British American Tobacco PLC (BAT), the single largest shareholder...