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HEMANT MALIK
ITC bets big on protein-rich foods, eyes fast-growing health segment marketITC Ltd is expanding its presence in the protein food segment as part of its health and wellness strategy. The company is introducing uniqu...
GST rate rationalisation to boost ITC's food divisionITC's food division is set to benefit from the recent GST rate rationalization, making its nutritional products more affordable. The compan...
ITC Foods to ride q-comm wave with fresh pack forayITC Foods is strategically entering the fresh packaged foods market, including cookies, cakes, and chapatis, to capitalize on the growing q...
ITC’s growth recipe for food business is about strategic takeoversITC Foods is strategically acquiring companies like Yoga Bar and 24 Mantra Organic to accelerate expansion and tap into the growing demand ...
ITC to scale up cloud kitchen business, enter more citiesThe company calls this business food-tech, which it has identified as one of the emerging vectors of growth. It currently runs three brands...
Wankhede 'harassment': SC commission asks Mumbai police chief to appear before it on Jan 31Wankhede, who led the probe in the cruise drugs case in which actor Shah Rukh Khan's son Aryan Khan was arrested, was recently accused by M...
ITC to launch plant-based meat productsThe company is the first mainstream consumer company to enter this segment in the country even as Nestle, Unilever, Kellogg's and Cargill h...
Unidentified persons conducted recce of my residence; Central agencies trying to frame me: Maharashtra minister Nawab MalikMumbai, Maharashtra minister and NCP leader Nawab Malik on Saturday claimed that some unidentified persons tried to conduct a recce of his ...
ITC says food business growing at healthy pace as consumption picks upIn potato wafers and bridges snacks, brands like Bingo, Tedhe Medhe and Mad Angles have gained share by about 1 percentage point to 13.5% a...
ITC to enter paneer, milkshakes business in 2 monthsITC had earlier forayed into the dairy segment with the launch of milk and ghee in select markets.
ITC: Horlicks, Complan valuations too high to buyITC pulled the plug for GlaxoSmithKline owned Horlicks bid early while it showed scant interest in Complan, owned by Kraft Heinz.
ITC to file 3rd FIR in Delhi against videos on plastic in 'Aashirvaad Atta'We are now in the process to file another FIR in Delhi in coming few days, said ITC Divisional Chief Executive (Foods) Hemant Malik.
ITC's Aashirvaad becomes Rs 4,000 cr brand, forays into new segmentsThe company as part of its expansion plans is also expanding brand Aashirvaad into new segments as milk and ghee in the dairy category, bes...
ITC's food division eyes 10% revenue from chocolates in 5 yearsITC launched its luxury chocolate brand Fabelle at boutique stores in it hotels, which also serve as experience centres, and plans to expan...
ITC to launch new products, segments to topple Nestle, Britannia in packaged-foods industryIt plans to introduce about 40 new food products in the next year – a record for ITC – and sell premium chocolates and coffee through retai...
ITC to launch new categories to spice up its food businessITC will not launch any new food brand. Instead, it will piggyback on existing ones for new launches and claims it has 5-6 new categories i...
Hemant Malik is new chief of ITC’s foods businessVL Rajesh will be replaced by Hemant Malik, the chief executive of trade marketing and distribution for the group’s FMCG business, which in...
ITC elevates B Sumant as president of FMCG businessSumant, who was the head of the cigarette business and non-cigarette FMCG trade marketing and distribution, will take over charge from Sanj...
ITC plans to offer distribution networks to startups for a feeITC plans to offer its distribution network, covering all parts of the country through 4.3 million shops, to startups and FMCG companies.
Hemant Soren inducts three more ministers; completes expansion exerciseThe Hemant Soren led UPA government in Jharkhand was expanded today with the induction of three more ministers.