Page 31 - Itc

ITC is open to inorganic opportunities to expand FMCG segment: Sanjiv Puri

The biggest challenge for the cigarette industry is a steep increase in taxation, which has trebled in the past six years

ITC board promotes Sumant Bhargavan as additional, wholetime director

Sumant is also a member of the corporate management committee of the company

Why does ITC need multiple brands to mark its presence in dairy market?

The company is using the wide assortment of brands under its umbrella to extend its footprint in the dairy market

ITC to expand dairy biz, with pan-India foray into Rs 15 bn milkshake mkt

Will also launch paneer shortly, is also working on cheese and Tetra Pak milk

ITC looks to enhance portfolio, to enter paneer, milkshakes biz in 2 months

ITC had earlier forayed into the dairy segment with the launch of milk and ghee in select markets

M&As crucial for ITC to reach Rs 1 trn revenue from non-cigarettes FMCG biz

Firm plans to venture into every product category to meet target

ITC hits fresh 52-week high; stock surges 17% in one month

ITC hit a fresh 52-week high of Rs 315, up 2.5% on the BSE, was the largest gainer among the S&P BSE Sensex at 09:38 am.

ITC's cash cows: Gains from investments in EIH, Leela touch Rs 11 billion

ITC chairman Y C Deveshwar says the company had bought EIH shares when they were around Rs 35 a piece

ITC open to acquisition of GSK's Horlicks at right price when up for sale

GSK had gone for a strategic review of the Horlicks brand to fund the Novartis deal pegged at $13 billion

ITC is India's 4th most valued firm in m-cap, overtakes Hindustan Unilever

With this, ITC also became the most valued FMCG company

ITC hits 52-week high as Q1 profit beats estimates; stock surges 5%

The stock surged 5% to Rs 302 on the BSE on Friday after the company reported a better-than-expected 10% year-on-year jump in net profit at Rs 28.19 billion in June quarter.

With rising share of FMCG biz, ITC presents a bottom-fishing opportunity

Many analysts also foresee an improvement in the cigarette business

ITC to mull Telangana govt's requests to takeover AP Rayons factory

The plant was closed due to losses and other reasons; state efforts to restart operations failed

ITC to add 2,500 rooms in 5 years, to invest Rs 25 billion

ITC on Monday formally inaugurated ITC Kohenur, a luxury hospitality project at Hitec City, constructed at a cost of Rs 7.75 billion

ITC extends chairman Deveshwar's tenure by 2 years, shareholder nod pending

Earlier, at the AGM of 2016, shareholders had approved his appointment for a period of three years with effect from February 5, 2017

ITC trading higher for third straight day; stock up 6% in three days

The stock was up 4% at Rs 278 on Wednesday, trading higher for the third straight trading day on the BSE, on back of heavy volumes.

ITC tweaks BNatural juice ad campaign following PepsiCo India suit

The revised campaign had no mention of Tropicana and the phrase '#saynotoconcentrate'

ITC: Volume recovery in cigarettes, scaling up of FMCG biz are positives

ITC is looking to replicate its success in the branded wheat segment, where it leads with a 28 per cent market share, by launching new products/foraying into new segments

ITC keen to invest in organic farming, aqua cultivation in Odisha

Diversified conglomerate ITC Ltd is exploring possibilities of investments in organic farming and aqua cultivation in Odisha."We have a lot of expansion plans at ITC Agri Business Division. Basically, we are exploring possibilities in organic farming and shrimps. In the medium to long term we are interested for investment in Odisha. However, everything is in the primitive stage", said P Venkat Ram Reddy, general manager - Industry Affairs, ITC Ltd (Agri Business Division), on the sidelines of Krushi Odisha - Odisha Investor Summit: Session on Opportunities in Agriculture and Sea Food Processing Sector jointly organized by Odisha's Department of Agriculture and Farmers' Empowerment and the Confederation of Indian Industry (CII).ITC is also looking for opportunities in organic cotton farming.The Odisha government also unveiled a compendium of Investible Projects in Agriculture & Allied sectors in the state."The investible projects will attract investments ranging from Rs five lakh ..

ITC's food division eyes 10% revenue from chocolates in next 5 years

The chocolate industry in the country is pegged at Rs 8,000 crore