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ITC to invest Rs 700 cr in food park in Madhya Pradesh

Consumer goods major ITC chairman Sanjiv Puri on Friday said the company is planning to set up a food processing facility in Madhya Pradesh at an investment of Rs 700 crore.According to a PTI report: The company also said...

Factors fueling retail growth in India

Many factors are responsible for the growth of retailing in India. Currently, the consumer profiles are upgrading by themselves as they are increasingly exposed to newer means and varieties of consumption. Increase in consumption is one of the key...

Formal Shirts Market Analysis: Current trends and future mapping

Despite the fact that the segment has seen a setback with the advent of the casual wear industry, lately formal wear is back in fashion with brands having modernized their offerings that include new colours, fits and innovative fabrics....

ITC eyeing strategic acquisitions in FMCG business

Diversified conglomerate ITC Ltd is engaging with and investing in start-ups while looking at strategic opportunities for acquisitions to accelerate growth in the FMCG business, its Chairman-cum-Managing Director (CMD) Sanjiv Puri said on Friday."Today, around 25 percent of ITC's...

ITC appoints Sanjiv Puri as Chairman and Managing Director

Diversified ITC Group Monday announced elevation of its MD Sanjiv Puri as the Chairman and Managing Director of the company.Puri's elevation comes after noted industry leader and erstwhile ITC Chairman Y C Deveshwar passed away Saturday morning after a...

ITC to expand dairy beverages portfolio

Tobaccos-to-hotels major ITC is planning to expand its dairy beverages portfolio to the rest of the country by the next summer and is eyeing a 5-10 percent market share in the first year of operations.According to a PTI report:...

Taste of India: Namkeen industry on the rise

The market for namkeen and snacks in India is about INR one lakh crore. Being a most vibrant sector, it has been witnessing unprecedented growth in the recent past and continues to expand rapidly. Indian consumers seem to have...

Perfetti Van Melle expects to have 25 pc share in confectionery market in next 3 years

Global confectionery major Perfetti Van Melle expects to increase its market share in India to around 25 percent in the next three years, a company official said.According to a PTI report: The company expects to climb the ladder on...

ITC sells brand John Players to Reliance Retail

Conglomerate ITC Tuesday said it has sold its menswear brand John Players to Reliance Retail for an undisclosed amount.According to a PTI report: Besides, the Kolkata-based firm has also transferred the trademark as part of the deal."In line with...

ITC to invest Rs 1,700 crore in personal care product plant in West Bengal

Diversified conglomerate ITC Limited would invest Rs 1,700 crore in West Bengal towards setting up an FMCG plant and upgrading of existing facilities.According to a PTI report: MD and CEO of ITC Sanjiv Puri said the company's Rs 4,000...
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Arvind Ltd Q4 profit rises 7.32% at Rs 104.42 crore

Consolidated revenue from operations during the quarter under review stood at Rs 2,074.51 croreNew Delhi: Textiles manufacturer Arvind...
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