Page 30 - Itc

Seven of top-10 firms lose Rs 86,878 cr in m-cap; ITC takes biggest knock

In contrast, the valuation of TCS zoomed Rs 31,538.79 crore to Rs 8,43,367 crore and that of Infosys jumped Rs 11,746.94 crore to Rs 3,44,419 crore

Leela standoff: Securities Appellate Tribunal to hear ITC plea on Aug 29

In April, the board of debt-ridden Leela had floated an ordinary resolution for sale of its assets

ITC Q1 net profit rises 12.7% to Rs 3,436.51 crore, revenue up 6.35%

The performance comes at a time when demand from both the urban as well as rural economies has been sluggish

Amul butters its way into cookie market, takes on rivals over their fare

The playbook is a familiar one for the GCMMF, one that it used a couple of years earlier when it went head-to-head with Hindustan Unilever over ice-creams

Same strategy for Hindustan Unilever, ITC: Reaping digital dividend

Both companies are also riding the digital wave when it comes to consumer engagement

ITC believes in creating 'value out of diversity': Puri rules out demerger

Puri said some slowdown was seen in consumption towards the second half of last financial year and it still continues

ITC chairman Puri sees firm leading in all segments in maiden AGM address

Last fiscal year, the company launched 50 products to build existing categories and acquired Charmis brand of face cream and Nimyle floor cleaners to gain entry into new segments

ITC chairman Sanjiv Puri's remuneration rises 52% to Rs 6.16 crore

Sanjiv took over as the company's leader in after the death of Y C Deveshwar, ITC's legendary chairman.

With ITC's luxury hotel Royal Bengal launch, Kolkata has room for more

A 16,400 square feet pillarless ballroom, 61,000 square feet of total banquet and convention centre, 456 keys and five culinary brands are what ITC is offering as 'one of a kind' from the Royal Bengal

ITC's cigarette volume growth hits margins in Q4; stock falls 2.6%

Net profit growth of 19 per cent was ahead of estimates led by higher other income

ITC Q4 profit jumps 18.73% to Rs 3,482 crore, revenue rises 14.26%

ITC said it will be focusing on the 'asset-right' strategy

ITC elevates Sanjiv Puri as chairman after Y C Deveshwar's death

An engineering graduate from the Indian Institute of Technology, Kanpur, Puri joined ITC in 1986, and has now made his way to the top job

ITC Group names Sanjiv Puri as new leader after Deveshwar's death

Puri, 56, was promoted after the death of Y C Deveshwar, ITC's legendary leader, on Saturday

Succession issue may come up for discussion at ITC board meet today

ITC had split the role of executive chairman between chairman and chief executive officer in 2017

Price hikes of ITC cigarette brands offset margin concerns, cheer Street

Stock trading at 25 times its FY20 estimated earnings; increase in costs unlikely to weigh on volumes

ITC non-cigarette businesses may continue to rise by 14-15%, say analysts

ITC now needs to take up price hikes to improve its margin profile, which otherwise could take away the sheen off its stock in brokerage buy lists on account of attractive valuation

ITC hits 3-month high; stock gains 9% in one month

The stock was up 2% at Rs 295, its highest level since October 4, 2018.

ITC forays into ready-to-drink milk-based beverages market in India

The products are manufactured in a new integrated facility it has launched in Kapurthala, Punjab, with an investment of around Rs 9 billion

ITC pumps Rs 150 million into start-up investment arm Fireside Ventures

In the past few years, most of the FMCG majors have started investing in start-ups

ITC may step up its foreign presence in the hotels space: Sanjiv Puri

It is presently building one at Colombo, Sri Lanka, its first foreign venture in the segment