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ITC has much food for thought: Co pitched big growth in its packaged foods biz, but numbers tell otherwiseIndia's largest cigarette maker ITC is experiencing a slowdown in its food business. Market share has flattened or declined in biscuits, we...- How ITC succeeded in pivoting from its traditional tobacco business to FMCG under Sanjiv PuriA look at ITC’s top line shows the revenue share of its tobacco business has nearly halved—from 62% in FY14 to 37% in FY23. This change can...
- Reality check: How deepfake tech is reshaping advertising normsNot all is dark about AI-generated fake images and videos. Some companies are putting the tech to non-controversial creative use.
- Covid-19 Impact: ITC’s foods business collaborates with Frozen Bottle to enter online dessert spaceThe offering from this partnership was launched in Bengaluru and Chennai and will be rolled out in phases in other cities including Delhi, ...
- Buy ITC, target Rs 340: ICICI DirectBuy ITC at a price target of Rs 340.
- FMCG companies top TV ad charts in festive seasonThe festive season, which contributes almost 40% of annual sales for most consumer facing companies, is when advertisers spend heavily on p...
- ITC plans to top FMCGs with new launches“To achieve our revenue target of Rs 1 lakh crore by 2030 from the new FMCG businesses, we are strengthening our existing categories and ve...
- ITC’s top eight FMCG brands cross the $2-billion milestoneThe packaged food business is projected to be the majority contributor to ITC’s goal to achieve Rs 1 lakh crore sales from the FMCG busines...
- ITC develops shelf-ready packaging solution for FMCG industryITC believes its new packaging solution can transform FMCG packaging the way Swedish packaging major Tetra Pak did for beverages and dairy ...
- ITC to take on Nestle, PepsiCo , Amul and HUL with dairy products & non-carbonated drinksCompany to take on Nestle, PepsiCo, Amul and HUL with dairy products & non-carbonated drinks
- ITC gears up for big FMCG sales push through paanwallahsITC plans to roll out its entire range of premium, packaged food and personal care products through lakhs of paan shops across India.
- ITC’s Sunfeast tops in cream biscuitsFor the year ended October 31, 2013, ITC’s cream biscuit market share stands at around 25% in value, according to industry sources who quot...
- ITC targeting Rs 1 lakh crore sales from new FMCG businessesDeveshwar said ITC’s newer FMCG businesses growth has been rated by a recent Nielsen report to be the fastest among the consumer goods comp...
- Glucose runs out of energy, falls behind cookies and cream biscuits in IndiaDuring April-September, glucose category had 19.3% share in the biscuit market in value sales while cookies had 26.2% share and cream 22.2%.
- ITC reports 21.2% jump in net profit at Rs 1836.42 crore; no impact on cigarette sales despite increase in taxesIts net profit rose to Rs 1,836 cr ($345.60 mn) for the quarter ended Sept. 30, up from Rs 1,510 cr a year earlier.
- ITC takes on Britannia, Nestle to become the leader in FMCG sectorITC has recently revamped the entire FMCG portfolio by launching a richer and premium variant at each level.
- ITC, Britannia and Parle biscuits turn costlier on high milk, cashew pricesBiscuit prices are heading northward despite a significant price drop in its raw materials like sugar , edible oil and wheat.
- Global competition not a threat to Indian industry: Chitranjan Dar, CEO, ITC FoodsITC Foods, the maker of Bingo! Chips, Sunfeast biscuits and Yippee! Noodles, has gained a reputation of being a disruptive player.
- Pepsi joins Kraft, UB, Glaxo in Rs 11,000 cr biscuits marketPepsiCo wants to battle it out in the Rs 11,000-crore Indian biscuits market as it gets ready to start test-marketing oats-based premium co...
- ITC Q3 net jumps 21.4% at Rs 1,389 crMulti- business conglomerate ITC on Friday reported a 21.4% jump in net profit for the quarter-ended December, exceeding market expectation...
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