ITC
Food
FMCG companies revise rate; extend tax benefits to customers
FMCG companies are revising prices of their products after the implementation of GST and are extending the tax benefits to the consumers under the new tax regime.
According to a PTI report: The companies such as Patanjali, ITC, HUL and...
Food
Jmart: Making shopping convenient for customers
Jmart Pvt. Ltd. is a chain of convenience stores in Delhi-NCR promoted by Alisha Retail Private Limited, a part of RJ Corp – the largest bottler for Pepsico – with diversified interests in beverages, food, beer, milk, ice-cream, stem-cell,...
Food
FMCG cos expect dip in inventory levels, normalcy in Q2 in the run up to GST
FMCG firms are preparing for reduced stocks in their trade channels for a couple of months as anxious dealers cut down inventory levels in the run up to GST, the new indirect tax regime, from July 1.
According to a...
Food
ITC net profit up 12.1 per cent in Q4
Cigarette-to-hotel-to-FMCG major ITC Ltd on Friday posted a 12.13 per cent rise in its standalone net profit to Rs 2,669.47 crore for the quarter ended March 31, 2017, from Rs.2,380.68 crore in the year ago period.
The diversified company's revenue...
Food
ITC ropes in Shilpa Shetty for B Natural juice and beverages
ITC's food division has roped bollywood food actress and fitness enthusiast Shilpa Shetty Kundra as the new brand ambassador for B Natural Juices and Beverages, the company said in a statement.
ITC forayed into the Rs 2,500 crore premium packaged...
Food
Big firms like ITC, HUL, Cargill to begin fortifying wheat flour
Food regulator FSSAI said major wheat-flour brands like ITC, HUL, Cargill and Patanjali would begin to fortify wheat flour with iron, folic acid and vitamin B-12.
According to a PTI report: Fortification means deliberately increasing the content of essential micronutrients...
Food
CCI clears acquisition of J&J's two brands by ITC
The Competition Commission has approved the proposed acquisition of Johnson & Johnson's two brands, 'Savlon' and 'Shower to Shower', by FMCG major ITC.
According to a PTI report: Savlon is an antiseptic brand while Shower To Shower is a personal...
Retail
Amazon hires 18 IIM-Ahmedabad business graduates
IANS -
Global e-commerce major Amazon hired 18 graduates of the Indian Institute of Management-Ahmedabad (IIM-A) in the summer campus hiring, said the prestigious B-School on Tuesday.
"Amazon made the most offers (18) at the end of the final placement process, followed...
Who’s Who
Vikas Gupta, CEO, ITC (Wills Lifestyle, John Players)
Vikas Gupta
CEO
ITC (Wills Lifestyle, John Players)
ITC has changed the role of Vikas Gupta, who joined the conglomerate in January from Cello Writing Group of Companies where he was the CEO. Now, he has been given the charge of its...
Food
ITC may enter into healthcare space
IANS -
Cigarette-to-hotel-to-FMCG major ITC Ltd may look into the possibilities of entering the healthcare segment as the company's board has recommended, for approval of its shareholders, the alteration of the objects clause of the company's Memorandum of Association.
In a regulatory...
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Latest News
Raymond has plans for opening stores in temple towns: CBO Debdeep Sinha
Debdeep Sinha chief business officer for apparel at Raymond Ltd. speaks about the company’s expansion plans, Raymond’s propriety fabrics...
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