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ITC to seek shareholders’ nod to re-appoint Deveshwar for another two years

Cigarette-to-FMCG major ITC Ltd on Tuesday said it would seek shareholders' approval to re-appoint its non-executive chairman Y C Deveshwar for another two years from 2020 to 2022, given the increasing size and complexity of the diversified conglomerate."...given the...

ITC Q4 net up 9.8 pc to Rs 2,933 crore

Diversified ITC Ltd has reported a 9.86 percent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.According to a PTI report: The company had posted a net profit of Rs 2,669.47...

ITC aims 10-12 pc market share in packed juice segment by next year

FMCG major ITC is eyeing 10 to 12 percent market share in the packed juices and fruit beverages segment by next year as the company bets on its not from concentrate' range of juices, said a top company official.According...

ITC vegetable, fruits to be available in seven metros in next three years

FMCG major ITC will expand its Farmland range of vegetables and fruits, and Master Chef range of frozen products to seven metros in the next three years.According to a PTI report: Presently, ITC is selling fresh potatoes and apples...

ITC’s Aashirvaad becomes Rs 4,000 cr brand, forays into new segments

FMCG major ITC said its Aashirvaad atta has become a Rs 4,000-crore brand in the wheat flour market, with around 28 percent share in the branded segment.According to a PTI report: The company as part of its expansion plans...

Retail costs involved in brand building

By definition, brand strategy is a long-term plan for the development of a successful brand in order to achieve specific goals. Building a brand and executing a successful retail strategy for it is the top most concern of all...

ITC plans to set up integrated consumer goods plant in UP

Diversified firm ITC plans to set up an integrated consumer goods manufacturing facility in Uttar Pradesh besides exploring investment possibilities in green energy and a logistics hub in the state in coming years.The company has implemented significant interventions in...

The changing landscape of food retailing in India

A joint report by National Restaurants Association of India and Technopak Advisors state that the foodservice market in India is projected to touch Rs 4.98 trillion by 2021. These are no small numbers as in 2016, the market was...

FDI in food processing to touch US $1 bn in FY’18: Badal

The foreign direct investment (FDI) in the food processing sector is expected to rise by 38 percent to US $1 billion this fiscal, driven by recent reforms, Union minister Harsimrat Kaur Badal said.According to a PTI report: Efforts are...

ITC CEO meets Adityanath, proposed Rs 1,100 cr investment

Diversified conglomerate ITC's CEO Sanjeev Puri met Uttar Pradesh Chief Minister Yogi Adityanath on Saturday and gave to him proposals worth Rs 1,100 crore in consumer food items, green energy and for setting up of a logistics hub in...
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Mush to shift its 100% production to India by 2025: co-founders

The company scaled from five SKUs in a single category in 2018 to over 150 SKUs across more than...
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