Chairman Sanjiv Puri charts ITC's course: Insights on hotel demerger and core biz at AGMAddressing shareholders in the company’s 112th annual general meeting held virtually on Friday, Puri said the listing of ITC Hotels would t...
ITC bets big on FMCG business for growth"The ITC Next strategy for the FMCG business is to build a future-ready portfolio. With more than 25 brands at the moment, the annual consu...
ITC AGM: Chairman Sanjiv Puri on hotels demerger, cigarette and FMCG businessThe board of the Kolkata-based hotels-to-cigarettes major has already given in-principle approval to the demerger and details of the scheme...
FMCG business going to be a big growth driver for ITC: Amnish AggarwalAs I said that the FMCG business is going to be the big driver for the company because another thing is that if you look at ITC, then earli...
ITC board recommends second term for Sanjiv Puri as company CMDThe resolution seeking his reappointment as chairman and managing director of the diversified conglomerate will be put to vote at the compa...
ITC AGM Key Highlights: FMCG business, new launches, export potential & moreThe legal cigarette industry has been severely impacted by smuggled and tax-avoided products over the years and a relatively stable tax reg...
ITC to sell Rs 1,990 crore of raw tobacco to British American TobaccoThe conglomerate is also revising the salary of chairman and managing director Sanjiv Puri and two executive directors, Nakul Anand and B S...
ITC continues to look very good over medium to long term: Abneesh RoyITC remains the cheapest large FMCG company available at 15X PE multiple FY23. It looks good at the current juncture. The opening up unlock...
ITC open to demerge hotels biz, list IT arm: PuriITC chairman Sanjiv Puri on Wednesday said it is not ruling out the possibility of restructuring different businesses, including demerger o...
ITC appoints new CFO Supratim Dutta as per strategy to lower age of top deckCommenting on Dutta’s appointment, Abneesh Roy of Edelweiss Securities said the average age of top management continues to reduce at ITC. “...
ITC will not rush into healthcare sector; studying opportunities: YC DeveshwarITC had hired Dr Chandy Abraham from Dr Devi Shetty’s Narayana Health as the CEO for its hospital and healthcare business.
ITC's 90% of the employee base deployed in the non-cigarette businessDeveshwar said ITC has created 25 world-class Indian brands in the non-cigarette FMCG business. He said the company is targeting Rs one lak...
ITC calls liAS recommendations' misleading and defamatoryITC is seeking shareholders' nod for additional remuneration for Deveshwar, who stepped down from executive role in February this year, tha...
ITC proposes more pay to Deveshwar, seeks shareholders' nodAt last year's AGM, the shareholders of the company approved appointment of Deveshwar as Non-Executive Director and Chairman for a period o...
ITC proposes additional salary to Y C Deveshwar, seeks shareholder nodAt last year's AGM, the shareholders of the company had approved appointment of Deveshwar as Non-Executive Director, and Chairman for a per...
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.
- ITC to invest Rs 5,000 crore for buying shares of rival FMCG, IT and agri-products companies : YC Deveshwar
ITC also plans to get into dairy business, making pasteurised milk, milk powder, cheese, milk chocolates and butter, Deveshwar said.