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3 mins read

ITC plans to open more hotels overseas: CMD Sanjiv Puri

He said as the company explores and understands a place for a particular business, it may l…

PTI   


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2 mins read

ITC's FMCG biz records 21% rise in annual consumer spend in FY23

Diversified conglomerate ITC's FMCG business has recorded a 21 % rise in annual consumer spend to n…

PTI   


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2 mins read

ITC board gives in-principle approval to demerger of hotels business

Leading conglomerate ITC on Monday said it will demerge its hotel business by incorporating wholly-…

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4 mins read

Explained: Here's why ITC slipped 4% after announcing hotels business demerger

Under the demerger scheme approved by the board of ITC, the company will hold a stake of about 40% …

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7 mins read

ITC stock scales 52-week high as brokerages hike target price

Shares of ITC on Monday scaled a new 52-week high as its robust third quarter performance was cheer…

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3 mins read

Less stress on ITC stock after BAT’s stake sale, say analysts

Cigarettes to FMCG major ITC’s stock corrected slightly ahead of British American Tobacco’s (BAT) s…

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2 mins read

ITC Q2 net profit rises 6.1% to Rs 4,955.90 crore

Diversified entity ITC Ltd on Thursday reported a 6.11 per cent rise in consolidated net profit to …

PTI   


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3 mins read

ITC Q3 net profit rises 6.5% to ₹5,400.52 crore; revenue up 2.43%

Diversified entity ITC Ltd on Monday reported a 6.51 per cent rise in consolidated net profit to Rs…

PTI   


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4 mins read

HUL Vs ITC: Good, the better and the best

It’s been a tough quarter for large FMCG players in India with muted consumer sentiment, weak rural…

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1 min read

ITC CMD Sanjiv Puri drew ₹16.31 crore salary in FY23 - that's a 53% jump from last year

The total remuneration of ITC Chairman and Managing Director Sanjiv Puri was increased 53.08 % to ₹…

PTI   


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2 mins read

ITC is relying on its advisory app for farmers, valued-added crops to grow its agri-business

The Indian agriculture sector is ‘seriously’ threatened by climate change and population explosion,…

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3 mins read

ITC’s net up 33% in Q1 on a strong show in cigarette, hotel, agri segments

ITC’s net profit for April-June quarter grew by 33% to ₹4,389 crore as compared to ₹3,276 crore in …

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3 mins read

Price cuts might not bring in volume growth for FMCG majors in Q2 say analysts

It might be a slow second quarter for FMCG companies with hazy volume recovery and tapering raw mat…

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4 mins read

ITC has had a dream run in FY23 and here’s why there’s more juice left in the stock

India’s largest cigarette manufacturer ITC has had a dream run in FY23, with its stock going up by …

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3 mins read

Away from the umbrella, India Inc unlocks value

Large Indian business houses have been expanding their wings – entering into new territories and in…

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5 mins read

FMCG sector Q1 preview — Caught between price cuts and volume growth

FMCG companies are expected to show strong margins in Q1 of FY24, backed by the full effect of earl…

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2 mins read

ITC has a ₹2,500 crore IT business hiding in plain sight and that makes the street go Yippee!

ITC is one of India’s top conglomerates with annual revenue of over ₹45,000 crore ($6 billion), thr…

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4 mins read

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-movin…

PTI   


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3 mins read

Transition to net-zero should be inclusive to avoid accentuation of social inequality, says ITC CMD Puri

In his address at the Business-20 (B20) India inception meeting in Gandhinagar, Puri also called fo…

PTI   


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5 mins read

ITC’s marketcap is back to ₹4 lakh crore after a 5-year gap

Shares of Kolkata-based FMCG-to-cigarette conglomerate have surged 47% in 2022 led by strong financ…