Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.
While high hopes from non-cigarette FMCG, higher dividend payout and strong free cash flows are positive, multiple headwinds for key cigarette business
The SGX Nifty was up around 60 points at 7:30 AM, and was indicating an open above 10,300 levels for the Nifty today
The Madras High Court rejects a petition by ITC and lets Maggi use the word magical in its branding. Will the ruling lead to a fresh war of words?
The Indian markets are likely to start this week on a flat note with a negative bias, on the back of similar trend in global indices
Top losers were ITC, HUL
Depending on who and where, the e-Choupal model has resulted in higher farmer incomes, anywhere between 70 per cent and 300 per cent
The order was issued in a dispute filed by ITC alleging that Nestle India has used the expression 'Magical Masala' for its instant noodles brand Maggi in 2013.
Brands look to leverage the sharply rising consumer interest in external cleanliness, launch new campaigns and products
The stock was up 4% at Rs 206 on the BSE, and was trading at its highest level since February 25, 2020
Launches fruit juices with clinically proven immunity boosters, which will be sold by Amway's micro-entrepreneurs for a while
The proposed acquisition is aligned with ITC's strategy to rapidly scale up its FMCG businesses in a profitable manner, the company said.
While the deal offers distribution and sourcing synergies, pressure on dominant cigarette business remains
The share-purchase agreement was completed after lockdown was enforced and the final deal is likely to be signed soon
It is learnt that ITC has five cigarette manufacturing plants across Kolkata, Munger, Saharanpur, Ranjangaon and Bangalore
Office life in these cities resumed on Monday, albeit cautiously and with full knowledge of the need to maintain social distancing.
The brand has also partnered with various state governments to ensure availability of Savlon products
Over grilled chicken and greens, Anand talks to Pavan Lall about the changes taking place in the world of hospitality due to Covid-19, and the career lessons he took away from his days as a DJ
According to the Federation of West Bengal Truck Operators' Association (FWBTOA), truck availability has only improved marginally around 10 per cent of a total 9 million trucks in India.
ITC is one of India's top consumer goods company, earning $11 billion in annual sales and manufacturing staples such as flour, noodles and biscuits. It is also India's top cigarette maker