Page 21 - Itc

Puri's 'Next' strategy drives ITC into smart FMCG, hotels, agri innovation

ITC appears to be closing in on turning its FMCG, agriculture and hotel segments as main growth drivers, with chairman Sanjiv Puri shepherding the 'Next' strategy

ITC to invest $2 billion across segments in medium-term, says MD

Super app 'ITC-MAARS' among new growth areas; investment figure does not take into account inorganic opportunities

ITC to launch super app this year to tap small farmers' potential: Chairman

The product will offer a wide range of agricultural solutions while its micro-services structure will enable plug-in by a range of agtech solutions

Back to old normal: FMCG leaders beat FY21 blues, exceed pre-Covid levels

In the second instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Arnab Dutta looks at India's top FMCG players

2 FMCG stocks Osho Krishan of Anand Rathi is bullish on: Buy ITC, Britannia

ITC has certainly provided a trend line breakout on all time frames and is anticipated to surge higher

ITC Q1FY22 results: Expert take

The cigarettes-to-hotels conglomerate, ITC, reported a 30.24% YoY increase in consolidated profit in the June quarter. Business Standard spoke to a D-Street expert to understand how ITC fared in Q1 and how government divestment of its 7.93% stake in ITC is likely to impact the stock in the quarters ahead.

Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks

The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.

ITC reports 30% rise in Q1 net profit at Rs 3,343 crore

Its revenue from operations rose 36 per cent per cent to Rs 14,240 crore

Sensex adds 138 pts; Zomato ends 65% up over issue price at Rs 126 on BSE

The BSE MidCap and SmallCap indices, however, underperformed the benchmarks

ITC records sharpest intra-day gain in two months ahead of Q1 results

According to analysts, ITC is likely to post a strong show in Q1FY22, helped by a low base and recovery in cigarettes sales.

ITC Q1 preview: Low base, cigarette business to spur revenue, profit growth

ITC Q1 PREVIEW: During the quarter ended June, shareholders lost over 7 per cent of their wealth parked in ITC

Mega ITC share sale will be challenging for govt, say market experts

Market experts said offloading the entire stake at one go would be challenging and the centre should look at selling the stake in tranches.

BAT's 2020 dividend from ITC increases 67% as Indian firm revises policy

In 2018, the British company turned down ITC's proposal to continue with an equity-based employee stock option.

ITC Group's earning from foreign exchange in FY21 up 29% at Rs 5,934 cr

Total foreign exchange earning of the ITC Group from exports in FY21 rose 29.08 per cent to Rs 5,934 crore, the company's latest annual report said

ITC CMD Sanjiv Puri's pay increases 47% to Rs 11.95 crore in FY21

Full-year impact of his revised pay structure comes into effect

ITC diversifies tobacco into nicotine and derivatives for US vaping market

Launches new hotel brand "The Storii" which is a collection of boutique lifestyle properties. The brand will grow under ITC's "asset right" model

Covid second wave poses challenge for FMCGs, may blunt rural demand: ITC

There is a perceptible shift with consumers adopting a more precautionary savings approach with resources being set aside for medical needs.

ITC augments investment in e-commerce, accelerates digital transformation

ITC Ltd has augmented its capability in emerging modes such as e-commerce and modern trade channels with "sharp-focused investments"

We will continue to actively look for acquisitions: ITC CMD Sanjiv Puri

In a Q&A, he says that with vaccination picking up pace, consumers will gain confidence and the economy will recover progressively

'GST laws vague on export of exempted goods through third party'

The current Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 does not have such an exemption.