Normalcy in operations, push into rural areas aid growth
New record set in a year marked by slowdown; the firm had launched 50 products last year
The firm's annual report mentioned that Aashirvaad had an annual consumer spend of more than Rs 6,000 crore, Sunfeast was at Rs 4,000 crore, Bingo! Rs 2,700 crore, and Yippee Rs 1,300 crore
The firm now plans to expand its value-added bakery portfolio that it ventured into recently
ITC said its paperboards and specialty papers business integrated facility at Bhadrachalam, Telangana, has been conferred the 'GreenCo Platinum+' rating by CII Green Business Centre
The expiry of derivative contracts of the July series tomorrow may keep today's session volatile
With the transaction, the company has added a 70-year-old brand and a market leader in eastern India to its portfolio
All that happened in the markets today
One of the few in the league of RIL globally is the SoftBank Group, which has grown from being a PC software distributor and a telco to a technology-focused investor
The second of a 5-part series looks at the challenges in food export business
SFPL is a Kolkata-based family-owned company engaged primarily in the business of spices
Revenues from operations fell 17.21 per cent to Rs 10,478.46 crore. Profit after tax was down by 25.5 per cent to Rs 2,562.73 crore
All that happened in the markets today
Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results
The companies that signed MoUs include Adani Enterprises (Rs 2,300 crore), Visteon (Rs 500 crore) and Airflow Equipments (Rs 320 crore), among others
Analysts expect ITC's FMCG business to do well on the back of both foods and personal care segments.
FMCG players had started to re-establish their supply chains in May and gradually ramped up as markets reopened, which had created some momentum
According to sources, the proposed projects include Rs 500 crore from ITC for its proposed expansion in Coimbatore.
The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others
Media industry experts and agency heads point to a revival in TV and digital advertising in June, as big spenders such as FMCG, automobiles, and e-commerce get operations back to pre-Covid-19 levels