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ITC to acquire baby care brand Mother Sparsh

The acquisition is in line with 'ITC Next' vision articulated by Chairman Sanjiv Puri, which focuses on crafting a future-ready portfolio, tapping into high-growth segments and digital-first businessesBengaluru: Indian conglomerate ITC Ltd. has signed agreements to acquire the balance...

ITC to acquire 24 Mantra Organic brand for Rs 472.50 cr

The transaction will fortify ITC's presence and market standing in the high growth organic products segment in both Indian and overseas marketsNew Delhi: Multi-conglomerate ITC on Thursday said it will acquire Sresta Natural Bioproducts, engaged in the manufacturing and...

ABREL sells Century pulp, paper biz to ITC for Rs 3,498 cr

ITC said the acquisition will immediately add significant scale and economies to its existing operations with the potential for further capacity expansionNew Delhi: Aditya Birla Real Estate Ltd (ABREL) on Monday announced the sale of its pulp and paper...

ITC shares in the spotlight as Wells Fargo offloads stocks worth Rs 106 crore

The shares were disposed of at an average price of Rs 401.60 apiece, taking the transaction value to Rs 106.62 croreNew Delhi:  ITC shares are likely to remain in focus after financial services company Wells Fargo offloaded stocks worth...

ITC to acquire Prasuma and Meatigo, to expand in frozen food segment

ITC has been operating in the Frozen Foods market under the ‘ITC Master Chef’ brand from 2019New Delhi: Conglomerate ITC on Thursday announced to acquire ‘Of Prasuma’ and ‘Meatigo brands expanding its presence in frozen, chilled and ready-to-cook foods.ITC...

Union Budget 2025: QSR industry seeks tax relief, policy support

Industry leaders are now calling for policy interventions to ease financial pressures and drive sustainable growth, particularly in Tier 2 and Tier 3 cities.New Delhi: The Quick Service Restaurant (QSR) industry in India is facing a crucial moment as...

FMCG players expect volume trends to sustain amid rising demand in rural markets

FMCG majors, including HUL, ITC, Dabur, Britannia, Nestle and Emami, in their June quarter earnings have reported 'green shoots'New Delhi: Fast-moving consumer goods (FMCG) companies expect to sustain volume growth in the coming quarters, buoyed by recovery of demand...

ITC Q1 net profit flat at Rs 5,177 cr, revenue up 7.5% to Rs 20,029.5 cr

Gross Revenue was up "in a challenging operating environment, driven by Hotels, Value Added Agri products and Leaf Tobacco," said ITC in an earning statementNew Delhi: Diversified group ITC Ltd on Thursday reported a marginal decline in consolidated net...

Food services sector set to reach Rs 7.76 lakh cr by FY28: NRAI

The sector has recovered from the setback of the COVID-19 pandemic during which it shrunk to Rs 2 lakh crore in FY21New Delhi: India's food services sector is estimated to grow by 8.1% to reach a size of Rs...

ITC Q4 profit marginally down to Rs 5,191 cr, revenue up 2% at Rs 19,446 cr

Revenue from operations in the fourth quarter was at Rs 19,446.49 croreNew Delhi: Diversified entity ITC Ltd on Thursday reported a marginal decline in consolidated net profit at Rs 5,190.71 crore for the fourth quarter ended March 31,...
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India’s retail supply doubles in Q1 2025 amid surging demand for fashion & entertainment

Mumbai, Hyderabad, and Delhi-NCR led the charge, together making up 62% of all retail space absorptionBengaluru: India's retail real...
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