French hospitality major Accor that operates hotels under Pullman and Novotel brands in India, is offering flat discounts on bookings
Brokerage upgrades led to a six per cent rise in the stock since the start of the month
Credit Suisse has upgraded ITC stock from 'Neutral' to 'Outperform' banking on recovery in the firm's cigarette and hotels business in FY22.
Major food segment players have entered the niche category recently
Plans to play in the entire segment including chocolates, cookies, wafers and spreads to give customers a differentiated experience
The 70 launches were made in the first half of the financial year alone and were mostly focused on hygiene, health & wellness, naturals and convenience
Segment revenues in cigarettes during the quarter stood at Rs 5,627.67 crore compared to Rs 5,841.91 crore in the corresponding period last year
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A cash-strapped New Delhi, which is delaying fiscal support to an economy expected to lose a 10th of its real output this year to Covid-19, also needs to rethink its stance
The stock of ITC had hit a 52-week high of Rs 266.2 on November 11, 2019.
The firm's fresh dairy products are available in 24 cities in Bihar, while in Bengal, it has tapped Kolkata
The brand would be the first from the personal care portfolio to clock in consumer spend of Rs 1,000 crore, says firm
The e-Choupal ecosystem has so far reached out to four million farmers
This regulation is mainly on small retail shops and would be difficult to implement on the ground, analysts say
While reports of slower sales growth in August pulled down share prices on Monday, analysts say medium term outlook remains healthy
A tax overhang and ESG concerns over cigarettes have been among key factors hurting investor sentiment
Higher dividend yield and scaling up of FMCG business offer comfort
The company is betting on its non-cigarette FMCG portfolio to deliver growth and convince the markets that it is moving away from its tobacco dependence
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Puri also said that there were many smaller pieces in the portfolio that required support from institutional strengths, and that's why they structured the way they were