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ITC ACQUISITION OF CENTURY PULP AND PAPER
ITC's Sanjiv Puri says CPP acquisition marks 'defining milestone' for paper businessIn a social media post, Puri welcomed the CPP workforce to ITC, saying the integration brings together two enterprises with a shared commit...
Quote of the day by famous Swiss mathematician and physicist Leonhard Euler: “Nothing takes place in the world whose meaning...” - A timeless lesson on purpose, balance and excellenceLeonhard Euler, a renowned mathematician, left a lasting legacy of influential ideas. His quote about maximum or minimum reflects nature's ...
ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to BuyITC share Price: ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit....
ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
A juice company dumped 1,000 truckloads of orange peel on dead Costa Rican pastures in 1997; 16 years later, the plot had 176% more biomass than the land beside itA Costa Rican juice company's waste helped restore a degraded pasture. Discarded orange peels and pulp enriched the soil, fostering new gro...
Happiness Habit of the day by Friedrich Koenig: ‘We tend to forget that happiness doesn’t come as a result of getting what we don’t have, rather it is appreciating…’, German inventor's lessons on finding joy in the presentFriedrich Koenig, the German inventor behind the steam-powered printing press, once said, “We tend to forget that happiness doesn’t come as...
In 1780, a Scottish inventor created a copier hundreds of years before modern-day equipment came into existence: How James Watt machine worked?In 1780, a Scottish inventor created a copier hundreds of years before modern-day equipment came into existence. James Watt patented a lett...
NYSE parent ICE to buy MarketAxess in $5.7 billion deal to expand fixed-income offeringsIntercontinental Exchange has made a significant move by agreeing to acquire the bond trading platform MarketAxess for a hefty $5.7 billion...
AI's hunger for data is now consuming rare books and booksellers are cashing inArtificial intelligence firms are purchasing vast quantities of physical books. These books are scanned to train large language models and ...
Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies helpWhy is RBI introducing plastic notes?The government's approval for RBI polymer notes has renewed focus on why RBI plastic notes are needed....
ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitabilit...
Man who sold his startup for $300 million: IIT Kanpur & Harvard alumnus shares success mantra that changed his life and reveals which resources matter mostPalash Soni, an IIT Kanpur and Harvard Business School graduate, reflected on the journey of building Goldcast, the AI-powered B2B video pl...
ITC fraud worth Rs 74,782 crore detected in FY26; Maharashtra, Gujarat leadCentral GST officers detected over 30,000 input tax credit fraud cases in 2025-26. These cases involved approximately Rs 74,782 crore and l...
Family-owned companies have big appetites for US snack M&AFamily-owned food firms are acquiring U.S. snack companies, seeing value opportunities. Overseas buyers are increasingly interested in thes...
To create a 'New Soviet Man,' the Bolshevik government in 1926 funded a Russian biologist's quest to create a human-ape hybrid; instead, it produced one of science's strangest scandalsIn 1926, Soviet biologist Ilya Ivanov attempted to create a human-ape hybrid in French Guinea. This controversial experiment aimed to provi...
FMCG companies reap rewards from digital-first brand acquisitions as online bets drive growthDigital brands that have been acquired have quickly become the most rapidly expanding segments within major consumer companies. For FY26, t...
In 1776, a rare declaration was created by America. Britain quietly preserved it. Nearly 250 years later, it was found by accidentFor Americans the 250th anniversary of the Declaration of Independence, the discovery carries particular symbolic value. It reminds us that...
European shares gain as SAP lifts tech stocks; Middle East on watchEuropean shares saw a rise on Friday, recovering from previous losses. Investors reacted positively to select corporate earnings reports an...
ITC charts growth strategy as cigarette tax hike hits stockITC Chairman Sanjiv Puri said the company is tackling higher cigarette taxes through calibrated price hikes, product innovation and diversi...
ITC eyes Rs 8 lakh crore FMCG opportunity by 2035, bets on AI and acquisitionsITC expects its addressable FMCG market to expand to around ₹8 lakh crore by 2035 and aims to strengthen its position through brand buildin...