Page 19 - Itc

Blow to consumers as India's leading FMCG companies hike prices again

Leading biscuit maker Parle Products has also increased prices by 5 per cent to 10 per cent across its product portfolio in this quarter

ITC to acquire 16% stake in D2C brand Mother Sparsh for Rs 20 cr

Mother Sparsh is a premium Ayurvedic and natural personal care start-up in the D2C space, focusing on mother and baby care segments

Markets stage a comeback as RIL rebounds; ITC, Infosys, Tech Mahindra rise

Reversing the previous session's losses, the 30-share index ended 454.10 points or 0.78 per cent higher at 58,795.09

ITC starts clinical trials for nasal spray to prevent Covid-19 infection

Sources say product is being steered by ITC Life Sciences and Technology Centre; Bengaluru. Internal trials found it to be effective against other viruses like common cold. Trials could take 3 months

Top headlines: PM lays Noida airport foundation; Covaxin's efficacy updated

Business Standard brings you the top stories on Thursday

ITC starts clinical trials of nasal spray for Covid-19 prevention

The company plans to market the nasal spray under the Savlon brand once it gets all the requisite regulatory approvals, according to sources

All channels except wholesale higher than pre-Covid levels: ITC's B Sumant

In a Q&A, the firm's executive director dwells on the more long-lasting consumer trends, the recovery in distribution channels and emergence of a dual trend in demand

CBIC asks GST officers to block ITC on the basis of evidence, not suspicion

The CBIC has come out with guidelines on blocking of tax credit by GST field officers, saying that such blocking should be on the basis of 'material evidence.'

Weak cigarette volumes, margins in Q2 weigh on ITC, stock sheds 5.5%

Decision by the panel on tobacco tax remains the key trigger

Sensex tanks 1,159pts on broad-based sell-off; Nifty ends below 17,900

Financials led by PSU banks, realty, metal and FMCG shares where the major losers in trade. All NSE sectoral indices ended with losses of more than a per cent

ITC dips 5% post Q2 results; stock corrects 15% from 52-week high

A stable taxation policy remains key to sustaining steady growth for cigarette recovery ahead, analysts said

ITC consolidated PAT up 10% to Rs 3,763 crore in September quarter

Revenues from operations were at Rs 14,844.38 crore, up by 12.90 per cent from Rs 13,147.81 crore in the same period last year.

ITC Q2 consolidated net profit rises 10.09% to Rs 3,763.73 crore

ITC Ltd on Wednesday reported a 10.09 per cent increase in its consolidated net profit to Rs 3,763.73 crore for the second quarter ended in September 2021

Sensex slips 207pts on late sell-off; Axis Bank sheds 6%, Bajaj Finance 5%

Stock market LIVE: Broader indices also trimmed gains at close; PSU banking shares were in demand, while private banking shares witnessed selling pressure

ITC Q2 preview: Analysts see 13% YoY revenue jump; high costs may hit PAT

On the bourses, the stock of the cigarette-to-hotels conglomerate rallied 16 per cent on the BSE during the quarter under review, as against around 13 per cent gain in the benchmark S&P BSE Sensex

O4S raises $6 mn in Series-A funding round led by Think Investments

The company has earlier raised a total of $3.5 million in different rounds of investments

FMCG stks dip amid waning demand concern; ITC, HUL drop up to 9% in 2 days

The S&P BSE FMCG index, which fell 1.62 per cent in intra-day trade today, has slipped 4.5 per cent in the past two trading days

ITC nears two-year high, up 11% in four days; can hit Rs 300, charts say

Analysts believe ITC's cigarettes business will fully recover amid aggressive vaccination drive and reduction in Covid-19 cases

Margin pressure may hit paper cos in near-term despite price hike: Analysts

The rally in paper stocks began early September when states eased Covid-19 related restrictions and announced re-opening of schools and offices

India's agri exports can be doubled in 'medium term', says ITC Chairman

India accounts for only 2.5 per cent of the global agriculture exports, and there is an opportunity to double it in the medium term and improve the economics of the sector, ITC Chairman Sanjiv Puri