Page 14 - Itc

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

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