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ITC to focus on eastern market for its dairy business

Diversified conglomerate ITC will focus on the eastern regional markets of the country for its new dairy business vertical,...
ITC's Savlon to become a Rs 1,000 crore brand

ITC’s Savlon to become a Rs 1,000 crore brand

Highlighting Savlon as an example of creating value from acquisitions, the ITC said on Wednesday that Savlon is on...
ITC plans to merge three subsidiaries with itself, board meeting in a week

ITC plans to merge three subsidiaries with itself, board meeting in...

Diversified business entity ITC on Friday said it is considering merger of its three wholly-owned subsidiaries - Sunrise Foods,...
FMCG stocks on a roll as household binge during lockdown drives valuations

FMCG stocks on a roll as household binge during lockdown drives...

Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption...
ITC acquires Sunrise Foods for Rs 2,150 crore

ITC acquires Sunrise Foods for Rs 2,150 crore

Diversified business entity ITC Ltd on Monday announced acquisition of spices manufacturer Sunrise Foods Private Ltd (SFPL) in an...
ITC’s profit after tax falls 25 pc to Rs 2,567.07 crore in Q1

ITC’s profit after tax falls 25 pc to Rs 2,567.07 crore...

Diversified group ITC Ltd on Friday reported a 25 percent decline in consolidated profit after tax at Rs 2,567.07...
Intermittent lockdowns in several states disrupt FMCG firms' momentum, July output

Intermittent lockdowns in several states disrupt FMCG firms’ momentum, July output

FMCG companies, which saw sales recovering to pre-COVID-19 levels in June, are uncertain if the same momentum could be...
ITC, Godrej, Dabur, Emami report robust sales in rural areas

ITC, Godrej, Dabur, Emami report robust sales in rural areas

Leading FMCG players such as ITC, Godrej, Dabur, Emami and Marico are witnessing robust sales in rural and semi-urban...
Ruchi Soya appoints Sanjeev Asthana as CEO

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...
ITC logs 9.3 pc rise in Q4 consolidated net profit

ITC logs 9.3 pc rise in Q4 consolidated net profit

FMCG-to-hospitality major ITC on Friday reported a 9.28 percent growth in its consolidated net profit for the January-March quarter...