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ITC posts strong Q1 FY24 results, notches 16% rise in net profit at INR 5,180.12 Crore
On Monday, ITC, a conglomerate involved in both cigarettes and hotels, announced a 16 percent increase in its combined net profit. The figures show...
FMCG companies restore product weight in response to stabilized ingredient costs and reduced packaging expenses
Don't be surprised if you notice a slight increase in the weight of your snack packs, soap bars, and toothpaste tubes. Last year, in...
ITC bets big on FMCG for growth: Annual consumer spend of INR 29,000 Crore showcases potential
On Friday, ITC Limited, a diversified conglomerate, announced that its FMCG business holds significant growth potential, boasting brands that drive an annual consumer expenditure...
ITC, select Marriott International hotels elevate health-conscious dining with millet offerings in India, APAC
The ITC Hotels on Monday said it has embarked on an initiative to introduce an expansive range of millet-based bread, available across ITC Hotels...
Tata Consumer, ITC among top contenders for Fabindia’s Organic India stake
According to informed executives, Tata Consumer Products and ITC Foods have begun discussions regarding the acquisition of a substantial share in Organic India, a...
ITC and India Post collaborate to launch special postal stamp for millet awareness
On Tuesday, ITC, a conglomerate, joined hands with the Department of Post to unveil a unique postal stamp aimed at promoting awareness about millets....
ITC board approves hotel business demerger, expects ROCE to improve significantly
On Monday, the board of ITC granted preliminary approval for the demerger of its hotel business, establishing a new independent entity. Remarkably, this move...
ITC’s FMCG business witnesses remarkable 21% increase in annual consumer spending, reaching INR 29,000 Crore in FY22-23
According to ITC's latest annual report, the FMCG business of the diversified conglomerate has experienced a notable 21 percent increase in annual consumer spending,...
Sanjiv Puri to continue as Chairman and Managing Director of ITC, board recommends five-year extension
According to its annual report for FY23, leading conglomerate ITC has put forth a recommendation to reappoint Sanjiv Puri as Chairman and Managing Director....
ITC’s FMCG business witnesses remarkable growth: Consumer spending crosses INR 29,000 Crore
ITC's latest investor note reveals that consumers spent over INR 29,000 crore on ITC's fast-moving consumer goods (FMCG), excluding tobacco, during the fiscal year...
This Father’s Day, make him feel special with a joyful meal at home with these ready-to-cook savories!
As Father's Day approaches, it's time to honor the unsung heroes in our lives who have always been there, supporting and nurturing us. What...
ITC elevates Aishwarya Pratap Singh to Chief Business Officer, enhancing Yoga Bar’s management team
ITC has announced the elevation of Aishwarya Pratap Singh as the Chief Business Officer at Yoga Bar. In a recent LinkedIn update, Singh shared...