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.
The words “India First&", “Indianness&", “foreign subjugation&" resounded through Kolkata’s Science City Auditorium many times, as Y C Deveshwar spoke for the last time at ITC’s annual general meeting in his
Despite weak demand in the fast-moving consumer goods (FMCG) sector and the ongoing stress in the cigarette industry, cigarette-to-hotels major ITC posted an increase of 10.1 per cent in its standalone net profit at Rs 2,385 crore for the quarter ended
At the company’s forthcoming annual general meeting (AGM), a resolution for shareholders’ approval regarding the appointment of Deveshwar as a non-executive director, not liable for rotation and chairman of the company, for a period of three
Driven by a sharp rally in the stock market last week, the combined market valuation of top- 10 most valued Indian companies soared by a whopping Rs 98,598 crore, with ITC emerging as the biggest mover.
ITC has moved higher to its 52-week high of Rs 360, up 1%. It has extended its 9.5% rally in past four trading sessions on the BSE, after the company reported a better than expected results for the quarter ended March 2016 (Q4FY16).