ITC

Madhur Deep Senior VP Alibaba Group Former McKinsey and Delloite executive Madhur Deep, joined Chinese behemoth Alibaba as its Senior Vice President recently. In his new role, Deep will be responsible for heading the strategy and investment teams to build out market entry,...

FMCG major ITC Ltd on Sunday said it would divest 100 percent of its equity stake in US-based King Maker Marketing Inc for an estimated consideration of $24 million. "The corporate management committee has approved divestment of company's entire shareholding...

Leveraging its twin strengths -- agri-commodity sourcing and presence in luxury hotels segment -- ITC Ltd. has forayed into the gourmet coffee business, said a senior official. The coffee will be available in two choices, Nicamalai -- a blend of...

The Delhi High Court on Thursday reserved its order on a plea filed by Britannia Industries Ltd against a single judge's order to stop using the current packaging style for its "Nutri Choice Digestive Zero" biscuits. A division bench of...

Delhi High Court on Thursday refrained from passing an interim order on Britannia Industries Ltd's plea challenging a single judge's order restraining them from using the packaging of its 'Nutri Choice Digestive Zero' biscuits in its present form. "In the...

FMCG major ITC has announced the appointment of Sanjiv Puri as its Chief Operating Officer with immediate effect. Puri is seen as the successor of chairman YC Deveshwar, who is to step down early next year after a more than...

Setting an ambitious target of Rs 1 lakh crore revenue for ITC as India's top FMCG player by 2030, its outgoing chief executive YC Deveshwar said growth of tobacco business will continue to be good for shareholders of the...

ITC Ltd will focus on nutrition, health and well-being for the FMCG business, chairman and CEO YC Deveshwar said. "Most of ITC's businesses are well positioned to contribute, in good measure, to the triple bottom line objectives of the company. However,...

FMCG-to-hotels-to tobacco giant ITC Ltd has posted a better performance with a modest 10 per cent growth in net profit and 8.3 per cent rise in revenue, breaking its recent lackluster streak of low single digit growth.   Analysts say the recent numbers...

Tata topped the list of India’s 100 most valuable brands in the latest edition of consultant Brand Finance's listing of India's top 100 brands- this despite a value drop of 11 per cent from 2015 due to decline in revenue over...