Hope of a favourable monsoon that could keep inflation under check and nudge the Reserve Bank of India (RBI) to lower interest rates; and the excess cash in the hands of government employees on the back of 7th Pay Commission recommendations has seen
Investment bankers will be managing the Rs 60,000-crore share sale in companies including ITC, Axis Bank and Larsen & Toubro (L&T) by the government for a token amount of Rs 1, said four people with direct knowledge of the development.
Britannia Industries argued before a two-judge bench of the high court here against an order this Tuesday from a single judge, restraining the sale of its NutriChoice Digestive Zero biscuit in the present blue and yellow wrapper.
Britannia Industries Ltd moved a division bench of the Delhi High Court against a September 6, single-judge order, restraining the sale of its NutriChoice Zero digestive biscuit in its present blue and yellow wrapper.
FMCG major ITC foods plans to bring new products that are health-friendly and has already started research and development work at its life science center in Bengaluru. "Going forward we will focus a lot on the health sector.
A patent application of multi-business conglomerate ITC Ltd, which sells agarbatti brand Mangaldeep, for a smokeless incense product at a cost-effective manner was rejected by the Indian Patent Office for lack of inventive steps, among other
Shares of fast moving consumer goods (FMCG) companies are in focus with the Nifty FMCG index hitting 52-week high on Tuesday in intra-day trade on expectation of revival in rural economy due to above normal monsoon.
Cigarettes-to-hotels major ITC has appointed Sanjiv Puri chief operating officer (COO) with immediate effect, ending years of speculation as to who would succeed its longest serving chairman, Yogesh Chander Deveshwar.