IIPM-PRESS
For information, ITC Hotels Limited and Ansal Hotels Limited merged with the company in 2004. Finally, paperboards, specialty paper and packaging are cash cows for ITC and should be encouraged beyond current levels as they are the second highest contributors to ITC’s bottom line, with profits of Rs.1.81 billion in H1, 2005 (a growth of 20.9% over the previous year), and revenues of Rs.9.3 billion (a growth of 22% over the previous year). This is the time for ITC to accept that a narrow focus on core competencies is the way forward. Hold your horses Clint, for the way to the ITC dough surely is the sweet ciggy way!
For Complete IIPM Article , Click here
Source IIPM Editorial:- 2006
