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Page 13 - Itc Ltd

Rivals square up to take on ITC as company's FMCG business expands

While ITC has steadily added around Rs 7-10 billion in the FMCG top line in the past five years, analysts say there is still much work to do

Rivals square up to take on ITC as company's FMCG business expands
Updated On : 10 May 2018 | 6:55 AM IST

ITC on the hunt for partnerships for its hospital venture

Diversified conglomerate ITC might explore the option of partnerships for its proposed multi-specialty hospitals.In January, it sought shareholders' approval to alter its memorandum of association to enter the health care sector. It is now in the process of assembling a team to prepare a plan. It is yet to set a schedule for the venture's takeoff.Sanjiv Puri, executive director, says there is already a degree of synergy between the company's existing line of business and the health care initiative. "One piece of hospitals is the hospitality bit, which ITC knows well. For the piece on medical domain, bringing in partners who specialise in that part is an option. But, these are early stages," he said.Even for the hospitality segment, ITC has had a partner in Starwood Hotels & Resorts for nearly four decades. This partnership began in 1979, with the Sheraton brand. In 2007, both companies signed an agreement through which Starwood introduced The Luxury Collection brand in India, ...

ITC on the hunt for partnerships for its hospital venture
Updated On : 05 May 2017 | 8:43 AM IST

ITC hikes prices of Navy Cut and Gold Flake

Per-packet price for both brands raised by Rs 11, no reason given for hike

ITC hikes prices of Navy Cut and Gold Flake
Updated On : 27 Dec 2016 | 8:22 PM IST