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CHIEF OF CIGARETTE BUSINESS
Orient Express giant yacht sets sights on tech billionairesOrient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel b...- BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
- ITC's business with BAT grows 10% to Rs 1,587 crore in FY26, but dividend payout falls 9%ITC's business with major shareholder British American Tobacco (BAT) saw a 10% expansion in sales to Rs 1,587 crore in FY26, though dividen...
- Bengal secretariat moving back to Writers' Buildings: Small traders hope for revival of businessesSmall traders in Kolkata's BBD Bag area are hopeful as the West Bengal government returns to the Writers' Buildings. The move, after 13 yea...
- From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
- Devraj Lahiri to head ITC's cigarette businessErstwhile chief executive Sandeep Kaul has become a corporate management committee member for ITC overseeing businesses like tobacco, match...
- ITC appoints new CEO for agarbatti & safety matches businessAs per Rayavaram's Linkedin profile, he was earlier the head of freshness and hygiene verticals in the conglomerate's personal care busines...
- ITC appoints Sandeep Sule as CEO of FMCG & cigarette distribution businessSule replaces B Sumant, who had the dual responsibility of distribution and handling the overall FMCG business, including cigarettes, as it...
- Additional tax on cigarette would impact legal sales, says ITCThe legal cigarette industry has witnessed a 25 per cent decline in volumes from FY 2012-13, said ITC.
- 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 makes more management changes; Personal care head Sandeep Kaul to look after cigarettes businessITC has recast its senior management team, continuing the trend of appointing younger executives in critical roles ahead of YC Deveshwar’s ...
- 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 ...
- 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 announces retirement of two top execs: Sanjiv Puri frontrunner to succeed Y C DeveshwarPuri is the favourite as of now unless there are sweeping promotions. He will be the youngest of all the exec directors at ITC, said an ana...
- 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.
- 'NGOs' acting at behest of foreign tobacco firms: ITC chiefITC's Chairman Y C Deveshwar said if cigarettes were harmful, then why the product was being sold in airport duty-free shops.
- Sanjiv Puri being groomed for the top job in ITC amid reshuffleITC is grooming a set of second tier executives for leadership roles ahead of chairman YC Deveshwar’s term ending in 2017.
- ITC rejigs top deck roles; executive directors Kurush Grant and PV Dhobale swap jobsThe third executive director, Nakul Anand (58), who oversees hotels and travel, has been given additional charge of the lifestyle retail bu...
- Imperial Tobacco buys Davidoff brand for $693mThe British cigarette giant Imperial Tobacco said it had acquired the worldwide Davidoff cigarette trademark from German group Tchibo Holdi...
- ITC Ltd to pump in Rs 1,000 cr in WBOn the heels of Reliance Industries' announcement of investing up to Rs 4,000 crore, cigarette to FMCG major ITC Ltd on Monday said that it...
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