Business

Indian Inns goals to be debt-free by subsequent April: Puneet Chhatwal

Indian Hotels Company (IHCL) is aiming to be “debt-free” by April 2023, its managing director, Puneet Chhatwal, said. The Tata Group-backed hospitality chain’s annual losses narrowed to Rs 265 crore in 2021-22 from Rs 796 crore in previous year, as per results declared on Wednesday. “We would retire all debt as and when it gets…

Published

3 years ago

April 29, 2022

Shrishti

Indian Inns goals to be debt-free by subsequent April: Puneet Chhatwal

Indian Inns Firm (IHCL) is aiming to be “debt-free” by April 2023, its managing director, Puneet Chhatwal, acknowledged. The Tata Personnel-backed hospitality chain’s annual losses narrowed to Rs 265 crore in 2021-22 from Rs 796 crore in outdated twelve months, as per results declared on Wednesday. “We would retire all debt as and when it will get due so that we form now not must pay pointless premiums,” Chhatwal…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

2 years ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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