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ITC sees untapped market potential for YiPPee! Noodles, aims for further growth in the North region
ITC, a diversified conglomerate, believes that there is additional potential to increase the market share of its Noodles segment under the YiPPee! brand in...
ITC Q3 net profit surges 6.5% to INR 5,400.52 Crore; revenue records 2.43% growth
Diversified entity ITC Ltd on Monday reported a 6.51% surge in its consolidated net profit for the December 2023 quarter, totaling INR 5,400.51 crore....
ITC ramps up cloud kitchen operations, targets major Indian cities
ITC plans to scale up the cloud kitchen business it has been piloting in Bengaluru. The conglomerate, renowned for offering North Indian lunch and...
Bata India faces INR 60 Crore tax notice over GST discrepancies
Footwear major Bata India has been served a notice by the State Tax Officer, Anna Salai Assessment Circle, Chennai, with an amount of INR...
ITC aims for double-digit market share in smoothies and milkshakes, expanding reach beyond airports
ITC Ltd, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, anticipates achieving a double-digit market share in the smoothies and milkshake beverage...
ITC sets sights on major hotel expansion with 50% room inventory boost by 2027
Conglomerate ITC is eyeing a significant 50% jump in room inventory over the next five years.During its institutional investors and financial analysts day on...
ITC’s FMCG business soars with 14% CAGR over 3 years, Aashirvaad brand hits INR 8,000 Crores in consumer spends
Over the past three years, the FMCG segment of the diversified conglomerate ITC has seen substantial growth, with a compounded annual growth rate of...
Taj group’s iconic Bombay Brasserie to make a standalone debut in Singapore
Taj Hotel's Bombay Brasserie, the exclusive restaurant brand of an Indian hotel currently with a standalone presence abroad, is set to open in Singapore...
Indian food giants shift their rhetoric from taste to health amid backlash against junk Food
Weikfield Foods CEO DS Sachdeva voluntarily took a 'lie detector' test in a YouTube video last month. When asked by the 'interrogator' if Weikfield's...
‘Healthier’ options account for only 24% of packaged food sales in India, indicates latest ATNI Report
A report from the Access to Nutrition Initiative (ATNI) indicates that merely 24% of sales for major packaged food companies in India come from...
Bikanervala chairman Kedarnath Aggarwal dies at 86, leaving a resilient legacy in India’s snack industry
Kedarnath Aggarwal, chairman of one of India’s largest and most well-known packaged snacks and sweets companies, Bikanervala Group, scripted one of India's best-known stories...
Rural FMCG recovery pauses amid food inflation and uneven rains
The FMCG industry has witnessed a challenging September quarter amid subdued consumer demand and a decline in rural consumption due to persistent food inflation...