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2 mins read
FMCG majors all set for a comeback against locals this year
For FMCG majors, the year of 2023 has been a mixed bag. While easing commodity prices reduced stres…
1 min read
ITC Q1 2023-24 net profit rises 16% to Rs 5,180.12 cr
Its consolidated revenue from operations stood at Rs 18,639.48 crore, down 6 per cent. It was R…
PTI
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-…
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…
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 …
2 mins read
ITC acquires a 10% stake in this mom-and-child care brand as it looks to hop onto the D2C train
Tobacco-to-paper giant ITC has acquired a 10% stake in Mylo, a direct-to-consumer brand that focuse…
2 mins read
Markets bounce back on fag-end buying in RIL, ITC
Equity benchmark indices closed higher on Wednesday, helped by fag-end buying in index majors Relia…
PTI
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…
1 min read
The stock outliers: HUL, M&M and ITC among top gainers on D-street in the last 30 days
The stock outliers: HUL, M&M and ITC among top gainers on D-street in the last 30 days
Bhakti Makwana
2 mins read
90% of ITC's power needs in Tamil Nadu will be met through solar energy
ITC plans to meet 100 per cent of the entire grid electricity requirements from renewable sour…
1 min read
ITC Q3 net profit rises 23% to Rs 5,070 cr; revenue up 3.5%
ITC Ltd on Friday reported a 23.09 per cent increase in its consolidated net profit at Rs 5,070.09 …
PTI
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…
7 mins read
Nykaa vs ITC memes are hilarious but it may not be the right comparison
Social media is buzzing with memes asking why Nykaa, a fashion retailer with an annual profit of ₹6…
2 mins read
ITC to acquire 16% stake in Mother Sparsh that focuses on baby care segment
"The said acquisition will, inter alia, enable access to the fast-growing direct to consumer (D2…
PTI
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…
1 min read
ITC starts clinical trials of its COVID-19 nasal spray, say sources
Diversified entity ITC on Thursday confirmed that it is developing a nasal spray for COVID-19 preve…