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Payoff Time for ITC

Payoff Time for ITC
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ITC to set up Young Digital Innovators Lab - The Hindu BusinessLine

ITC to set up Young Digital Innovators Lab
February 07, 2021
Diversified conglomerate ITC Ltd is further scaling up its digital interventions across businesses and value-chains.
To move to the next phase of transformation, Sanjiv Puri, Chairman, ITC Ltd has announced the setting up of a ‘Young Digital Innovators Lab’ comprising digital natives from across the company’s businesses to crowd-source transformative digital strategies.
ITC embarked on a digitalisation journey by building digital capacity at scale, adopting cutting-edge technologies and is “effectively leveraging digital platforms to support wide-spread social transformation”.
New Initiatives
The ‘Young Digital Innovators Lab’ aims to enable young managers and ‘contribute more holistically’ to the company’s digital transformation, it said in a release. ....

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Welcome To IANS Live - BUSINESS - ITC sets up 'Young Digital Natives' Innovators Lab'

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Mumbai, Feb 7 (IANS) ITC Chairman Sanjiv Puri has announced the setting up of a Young Digital Innovators Lab comprising of digital natives drawn from across ITC s businesses to crowd source transformative digital strategies.
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Update: 07-February-2021 ....

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Mumbai International Airport: Adani Airports acquires 23.5% stake for ₹1,685 crore

Mumbai International Airport: Adani Airports acquires 23.5% stake for ₹1,685 crore
Under the proposed deal, AAHL bought 28,20,00,000 equity shares in MIAL, it said in the regulatory filingPremium
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Adani Airport Holdings (AAHL), a wholly owned subsidiary of Adani Enterprises, has acquired 23.5 percent stake in Mumbai International Airport (MIAL) from ACSA Global (ACSA) and Bid Services Division (Mauritius), or Bidvest, for ₹1,685.25 crore, the company said in a regulatory filing.
Under the proposed deal, AAHL bought 28,20,00,000 equity shares in MIAL, it said in the regulatory filing. In continuation of our earlier intimation dated 31st August, 2020, we would like to inform that AAHL has acquired 23.5 percent equity stake i.e. 28,20,00,000 equity shares of ₹10 of MIAL from ACSA and Bidvest, AAHL said. ....

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ITC constitutes 'Young Digital Innovators Lab' to drive digital transformation

ITC constitutes ‘Young Digital Innovators Lab’ to drive digital transformation
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The company has also formed a dedicated digital council of senior ITC managers called ‘DigiNext’ which will ideate and sponsor high impact digital interventions.
Kolkata:
ITC Ltd has constituted a ‘Young Digital Innovators Lab’ to drive digital transformation in the conglomerate. This will comprise digital specialists drawn from across ITC’s businesses to crowdsource transformative digital strategies.
The company has also formed a dedicated digital council of senior ITC managers called ‘DigiNext’ which will ideate and sponsor high impact digital interventions.
In a media release issued on Sunday, the company said these digital initiatives were announced by ITC chairman Sanjiv Puri to employees recently. It said the empowered team of innovators, free to set their agenda and seek the necessary resources, will access IT ....

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