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ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
In a volatile market, odds do favour contrarians, but only if they have an edge: 4 stocks from different sectors with dividend yield of up to 5.8%When a fundamentally strong business is available at 4% dividend yield, the probability that you will have both dividend and the capital ga...
New BIS standard for 'agarbattis' to ensure consumer safety, boost Rs 8,000 cr marketIndia, the world's largest agarbatti producer, has introduced a new quality standard, IS 19412:2025, to ensure consumer safety by prohibiti...
ITC reports weakest FMCG consumer spend in a decadeITC Ltd's FMCG consumer spending experienced a significant slowdown in fiscal year 2024-25, growing by only 4.6% to ₹34,000 crore, a stark ...
Concerns rise over hygiene standards in dark stores amid quick commerce boomPackaged food companies are raising concerns about unhygienic conditions in quick commerce dark stores, citing storage and handling lapses....
Sunil Kataria re-elected as chairman of Indian Society of AdvertisersSunil Kataria, the Managing Director of Raymond Lifestyle, has been re-elected as Chairman of The Indian Society of Advertisers (ISA). Unde...
Consumer spending on ITCs' goods rises 12 pc to Rs 32,500 crore in FY24ITC, headquartered in Kolkata, remains optimistic about expanding its FMCG business with a strong portfolio and efficient supply chain, gen...
Indian Society of Advertisers re-elects Sunil Kataria as Chairman for 2023-24Sunil Kataria, the CEO of Raymond's Lifestyle Business, has been re-elected as the Chairman of the India Society of Advertisers (ISA) for 2...
ITC adds breakfast items to its menuThe ready-to-cook, ready-to-mix and staples categories have higher margins compared with packaged commodities, but low penetration from bra...
ITC Q3 results: Profit jumps 29% to Rs 4,142 crore, beats Street estimatesITC also said the tax expenses for the quarter included a credit of Rs 340 crore.
ITC to step up focus on frozen food to drive non-cigarette salesThe FMCG giant is backing frozen food in its chase of Rs 1 lakh crore non-tobacco FMCG sales by 2030.
ITC plans to open more stores in high footfall locationsDuring the company’s 108th annual general meeting, Puri said the stores will showcase the expanded range of ITC products and not contest wi...
ITC undertakes new marketing initiative to drive consumer engagement on digital platformsThe centre will work for the new FMCG businesses which includes packaged food, personal care, education and stationary products, agarbatti ...
ITC appoints managing director Sanjiv Puri as chairmanPuri, 56, was being mentored by YC Deveshwar for the dual role of chairman-cum-managing director.
India can now soon start export of incense sticks to EuropeThe exports of these sticks to Europe were earlier facing issues after Italian customs authorities seized consignments.
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...
Performance of lifestyle retailing business adversely impacted in FY18: ITCThe non-cigarette FMCG business touched Rs 11,329 crore in 2017-18 while profit for the year improved to Rs 164 crore from Rs 28 crore in 2...
ITC’s packaged food business posts 13 per cent revenue growth in FY17Four years after ITC raced past Hindustan Unilever in the overall foods business, the cigarette company evidenced its makeover into a diver...
ITC’s non-cigarette FMCG sales cross $2-billion mark in FY17ITC's 25 FMCG brands spanning packaged food, personal care, education and stationary products, apparel, agarbatti and safety matches regist...
ITC expands portfolio with India's first couple deodrant EngageThe Kolkata-based firm has launched Engage deodorants comprising India's first couple deodorants.