ITC
Food
Ruchi Soya appoints Sanjeev Asthana as CEO
Ruchi Soya Industries, which is owned by Baba Ramdev-led Patanjali Ayurved, has appointed Sanjeev Asthana as its CEO.
According to a PTI report: Sanjeev Asthana has joined as Chief Executive Officer of the company with effect from July 6, 2020,...
Food
ITC logs 9.3 pc rise in Q4 consolidated net profit
IANS -
FMCG-to-hospitality major ITC on Friday reported a 9.28 percent growth in its consolidated net profit for the January-March quarter at Rs 3,926.46 crore.
During the same quarter of the previous fiscal, FY 2018-19, the company had reported a net profit...
Food
ITC, Emami identify emerging consumer trends amid 'new normal'
Diversified conglomerate ITC Ltd has identified emerging trends in the FMCG space arising out of the "new normal", a senior company official said.
"The new normal as we see has a few long-lasting trends like greater need for healthy and...
Food
ITC’s B Natural and Amway India collaborate to launch immunity offering in fruit beverages
In a unique partnership, ITC’s B Natural and Amway India have collaborated to launch the first of its kind B Natural+ range for the Indian consumer. B Natural Juices & beverages, which believes in providing fruit nourishment to its...
Food
ITC to acquire spice manufacturer Sunrise Foods Pvt Ltd
IANS -
ITC Ltd has entered into a share purchase agreement (SPA) to acquire 100 per cent of the equity share capital of Sunrise Foods Private Limited (SFPL), a company primarily engaged in the business of spices.
In a regulatory filing, ITC...
Food
Agri package to help farmers, strengthen food processing linkages, stop wastages: ITC & Dabur
FMCG majors ITC and Dabur welcomed the third tranche of economic stimulus package worth Rs 1.63 lakh crore announced by the government for farm and allied sectors, saying it would empower farmers, strengthen agri-food processing linkages and enable demand-driven...
Food
More clarity needed on manufacturing locations, allow entire value chain to function, says ITC
Diversified business entity ITC Ltd on Thursday called for more clarity from the government on where manufacturing is allowed during the lockdown, while seeking that companies be allowed to sell to consumers whatever is being produced.
According to a PTI...
Food
FMCG companies stepping up production under eased norms but labour, supply chain issues impede
Major FMCG players are trying to maximise production with the easing of regulations on opening of factories outside municipal limits by the government from Monday in the extended phase of lockdown despite continued constraints of manpower availability and supply...
Food
ITC expects collaborations with unlikely partners to open new distribution channels
FMCG major ITC expects its new collaborations with unlikely partners, including Domino's, Swiggy and Zomato in the wake of coronavirus pandemic and subsequent lockdown opening new distribution channels, to become mainstream in future, according to a company official.
According to...
Food
ITC Savlon accelerates innovation to help fight against COVID-19
In the ongoing fight against Covid-19, health stipulations have mandated two important facets to help protect against the deadly virus – hand hygiene and the hygiene of frequently touched surfaces.
Hand hygiene is critical and continues to be in conversation...
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Nestle India, Dr Reddy’s to form JV for nutraceutical brands in India, other agreed territories
Dr Reddy's will license brands such as Rebalanz, Celevida, Antoxid, Kidrich-D3, Becozinc in the nutrition, and OTC ( over...
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