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Smoking Gun: Fat cigarette margin, other income lift ITC Q4
May 25, 2012 at 15:29 | Source: Moneycontrol.com
Cigarettes to FMCG and hotels major ITC's fourth quarter net profit rose a better-than-expected 26% year-on-year to Rs 1,614 crore. While overall the company continues to be driven by cigarettes, quarterly earnings were also boosted by higher other income and lower losses in its non-cigarette FMCG business.
Larsen bags order worth Rs 1513 crore, stk down
Oct 06, 2009 at 11:49 | Source: Moneycontrol.com
Larsen and Toubro touched an intraday high of Rs 1,668 and an intraday low of Rs 1,621. At 11:44 am, the share was quoting at Rs 1,638, down Rs 16.9, or 1.02%. The company has bagged orders worth Rs 1,513 crore, CNBC-TV18.
Parsvnath to develop 40 more hotels at Rs 2,500 cr
Mar 04, 2008 at 08:24 | Source: Business Line
Real estate major Parsvnath Developers Ltd is looking to invest between Rs 2,000-2,500 crore for the development of 40 more hotels, for which it is talking to leading domestic and international hotel chains for tie-ups.
Parsvnath Hotels, ITC arm sign MoU for 50 hotels
Feb 04, 2008 at 20:59 | Source: CNBC-TV18
Parsvnath Hotels has signs a memorandum of understanding with ITC's Fortune Park Hotels to manage 50 hotels, reports CNBC-TV18. Parsvnath Hotels is a subsidiary of Parsvnath Developers.
Parsvnath, ITC signs agreement to develop 50 hotels
Feb 04, 2008 at 15:44
Parsvnath Hotels Ltd, a subsidiary of Parsvnath Developers Ltd, has signed a MoU with Fortune Park Hotels Ltd, wholly owned subsidiary of ITC Ltd, to manage 50 hotels across the country in next three to five years.
ITC-Welcom hotels plans foray into medical tourism
Feb 04, 2008 at 08:38 | Source: Business Line
ITC-Welcom Group Hotel, Palaces and Resorts is testing waters for the medical tourism needs of India, reports Business Line. Through its subsidiary, Fortune Park Hotels Ltd, the group would come up with its first property for the specialised tourism in Thane, near Mumbai, by August.

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Hospitals check into hotels as medical tourism booms
The boom in medical tourism is encouraging hospitals and hoteliers to strike alliances with each other. Industry estimates peg the market size of medical tourism in India, which is growing at over 25...
Jan 25, 2012 at 01:37 | Source: The Hindu BusinessLine
Steep hike in construction costs brings down Parsvnath net profit over 41%
Real estate developer Parsvnath has posted over 41 per cent fall in its consolidated net profit for the three months ended September 2011 hurt by a steep hike in construction costs. The net profit st...
Nov 08, 2011 at 21:42 | Source: The Hindu BusinessLine
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