itc
Breaking News
BAT to stay off ITC Hotels’ board amid demerger plans
ITC's soon-to-be-demerged hotel business will not include any board representation from its largest shareholder, BAT, as indicated in the company's demerger document sent to...
Fortune Hotels charts course for rapid expansion, targets new hotel every month in FY25
Fortune Hotels, under the umbrella of ITC's hotel group, is gearing up to launch a new hotel every month in the ongoing financial year,...
ITC to expand hospitality footprint overseas, eyes neighbouring markets and Middle East
ITC, a diversified conglomerate, plans to expand its presence in the hospitality sector by venturing into more overseas markets, particularly in neighbouring countries and...
DS Group’s Catch Spices hits INR 1,000 Crore in sales, plans expansion into ready-to-cook and digital-first products
DS Group's Catch Spices has crossed INR 1,000 crore in sales, marking a significant milestone for the brand. This achievement positions Catch salt and...
ITC Hotels charts course for expansion, targets 70 new properties within next five years
ITC Hotels aims to grow its portfolio from the existing 130 hotels to 200 within the next five years by launching new properties across...
FMCG sector embraces digital advertising: 47% ad spend directed towards digital platforms in 2023
Following the pandemic-induced surge in e-commerce, the momentum of business digitalization continues to grow. Companies are increasingly utilizing digital tools to streamline operations, understand...
After Amazon, ITC becomes second company to utilize inland waterways for FMCG transport
ITC has become the second company, after Amazon, to employ inland waterways for commercial transport, as per an official statement.The statement added that ITC...
BAT set to divest up to 3.5% stake in ITC through block trade transaction
British multinational BAT PLC is set to sell up to a 3.5 percent stake in India’s ITC Ltd to institutional investors through a block...
ITC’s emphasis on premium products propels personal care business, doubles sales contribution to 38%
Premium products in the personal care business at ITC have seen a significant surge in contribution to sales, doubling in the last four years...
ITC mulls 47% stake acquisition in Prataap Snacks, eyes market share growth
ITC is currently evaluating the acquisition of a 47% stake previously held by Peak XV Partners (formerly Sequoia Capital) in the publicly traded Prataap...
Healthy snack brands see explosive growth amidst health-conscious consumer trend
The burgeoning popularity of health-conscious consumers and the influence of social media personalities are driving explosive growth in healthy snack brands. Nevertheless, expanding these...
FMCG firms maintain steady growth with single-digit volume increase and improved margins in December quarter
During the December quarter, Fast-moving consumer goods (FMCG) firms experienced single-digit volume growth and enhanced margins across various segments. This positive trend was facilitated...