ITC to extend tenure of non-executive chairman YC Deveshwar by another two yearsThe notice said ITC’s nomination and compensation committee and board felt “it would be in the best interest of the company for Mr Deveshwa...
26 Jun, 2018, 07.01 PM IST
ITC’s YC Deveshwar gets Lifetime Achievement award at ET Awards for Corporate ExcellenceBetween 1996, the year when Yogesh Chander Deveshwar became chairman of ITC, and March 2017, ITC’s annual sales have expanded over 11-fold ...
28 Oct, 2017, 11.37 PM IST
ITC Ltd to soon foray into fruits, vegetables"Investments have also been made in farming for aromatic and medicinal plants, keeping in mind ITC's focus on agri-based health and wellnes...
28 Jul, 2017, 11.31 AM IST
YC Deveshwar sold entire ITC holding before retiringDeveshwar, the longest-serving boss in the cigarette conglomerate, had 6.8 lakh shares at the start of last fiscal which he sold through 18...
30 Jun, 2017, 01.18 AM IST
YC Deveshwar remains silent on ITC's successor at ATMSpeculation is rife on Sanjiv Puri becoming the next CEO, with some shareholders even welcoming Puri into the board.
23 Jul, 2016, 03.01 AM IST
ITC to focus on nutrition, health for FMCGDeveshwar said these products will address widespread concern of Indian population in areas like diabetes, cognition, gut and cardiovascula...
22 Jul, 2016, 12.48 PM IST
Stepping down of YC Deveshwar and guiding the next leader to work well for the firm: Kaustabh Pawaskar, Sharekhan"I think the business is on the growth prospects. Under his leadership the company has already taken a step to de-risk business model."
22 Jun, 2016, 10.00 AM IST
Sin tax on cigarettes to hit margins; factories could shut down as volume shrinks: YC Deveshwar, ITC"It is the cigarettes that account for 85% of revenue to the exchequer. That count has shrunk from being 22%-23% of the industry to 11% now...
16 Dec, 2015, 11.29 AM IST
ITC chairman YC Deveshwar elevates executives, opens up race for chairmanshipITC chairman YC Deveshwar elevated executives to greater roles on Wednesday in a move that could widen the field of possible successors to ...
26 Nov, 2015, 06.32 AM IST
ITC's YC Deveshwar offloaded 90% stake during FY14-15; executive director Kurush Grant also cut his holdingThe transactions took place between November and Feb in various tranches, according to info contained in the company’s just released annual...
27 Jun, 2015, 06.10 AM IST
ITC Ltd to set up 20 factories for FMCG business"We are in the process of building 20 factories. How much money we are going to spend...we are one company that is not looking for interest...
14 Mar, 2015, 05.34 PM IST
Govt has to choose segments which have multiplier impact: YC Deveshwar, ITCThere has been consumption without creation of jobs. Therefore, in the shorter run we have to choose those areas that can have a large mult...
05 Dec, 2014, 04.17 PM IST
Regulatory environment needs to be reviewed: YC Deveshwar, ITC'It will take a while before things get reformed. Everybody is passionate about welcoming investment and moving it fast so that jobs can be...
01 Dec, 2014, 05.26 PM IST
ITC set to sell coffee, tea, chocolates to become No. 1 in FMCG: YC DeveshwarWhile all these new categories will have a high gestation cost, this is the best time to absorb these, he told shareholders in a meeting.
30 Jul, 2014, 02.56 PM IST
ITC targets number 1 position in FMCG sectorITC group is aiming at over Rs 1-lakh crore turnover from its non-cigarette FMCG business by 2025-30, chairman YC Deveshwar has said.
27 Jul, 2013, 04.21 AM IST
Budget 2013 represents 360-degree intervention for stimulating growth in all sectors: YC Deveshwar, ITCITC Ltd chairman YC Deveshwar feels the 2013 union budget will go a long way in bolstering confidence in the Indian economy.
28 Feb, 2013, 07.40 PM IST
ITC to invest Rs 25,000 crore over the next 5-7 years: YC DeveshwarITC Ltd has lined up investment plan of Rs 25,000 crore over the next 5-7 years, chairman YC Deveshwar told shareholders in the company's 1...
27 Jul, 2012, 02.20 PM IST