ITC
Food
ITC to invest Rs 10,000 cr to set up food processing units
Diversified conglomerate ITC said it plans to invest Rs 10,000 crore to set up food processing facilities across the country.
According to a PTI report: The Kolkata-based company is looking to have around 20 such units pan India.
"I am happy...
Food
ITC launches new brand Farmland; forays into fresh fruits, vegetables segment
FMCG major ITC has introduced a new brand, Farmland, marking its foray into the fresh fruits and vegetables segment.
According to a PTI report: The company today introduced four variants of potatoes, which will be available in Delhi from this...
Food
ITC net profit up 5.6 pc in Q2
IANS -
Cigarette-to-FMCG major ITC Ltd on Friday reported a 5.6 per cent increase in its net profit to Rs 2,639.84 crore in the quarter ended September 30, 2017 as compared to Rs 2,500.03 crore in the year-ago period.
Its gross revenue...
Food
FMCG firms expect full recovery from the pangs of implementation of GST
As the GST completes 100 days, major FMCG firms, including Dabur and Godrej Consumer, expect full recovery from the pangs of implementation of the new tax regime by the end of the third quarter with clear signs of demand...
Food
ITC to continue diversification into new areas
FMCG major ITC will continue diversification into new areas with agri business set to play a key role, as part of its 'India First' strategy under which it aims to create 10 million sustainable livelihoods by 2030, according to...
Food
ITC to further raise investment in integrated food park at Kapurthala to Rs 1,700 cr
FMCG giant ITC has decided to further increase its investment in the integrated food park at Kapurthala to Rs 1,700 crore, the Punjab government said.
An ITC delegation led by CEO Sanjiv Puri called on Punjab Chief Minister Amarinder Singh...
Food
ITC forays into fruits, vegetables and perishable segment
Diversified conglomerate ITC Ltd has forayed into fruits, vegetables and other perishables segment, the company Chairman, YC Deveshwar, said at the 106th Annual General Meeting.
According to him, the company has recently forayed into the frozen prawn segment. While the...
Food
ITC Ltd net profit up by 7.4 pc in Q1
IANS -
FMCG major ITC Ltd on Thursday reported a 7.4 per cent increase in its net profit at Rs 2,560.50 crore for the quarter ended June 30, 2017 as compared to Rs 2,384.67 crore in the corresponding quarter last year.
Its...
Food
Supreme Court gives Britannia, ITC chance to settle dispute out of court
The Supreme Court today gave an opportunity to Britannia Industries Limited and ITC Limited to settle their dispute regarding the alleged deceptive packaging of their digestive biscuits out of court.
According to a PTI report: "The matter is adjourned sine...
Food
GCPL slashes soap prices by 8 per cent; extends tax benefits to consumers
Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) has slashed its soap prices by 6 to 8 per cent, extending the tax benefits to its consumers, while absorbing the hike in hair colours.
According to a PTI report: The company...
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The Indian Beverage Industry Has Transformed To ”Made in India” for The World
Mr Kunal VasudevaThe sector also offers direct and indirect employment to a staggering 79 lakh individuals in IndiaNew Delhi:...
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