ITC

GS1 India has recently launched a new DataKart service, a repository of retailed products, which has been developed based on Industry and consumer needs; for a single source of trusted, reliable and accurate information on products sold through retail...

Hemant Malik Chief Executive – Packaged Food Business ITC Hemant Malik has been appointed Chief Executive of the Packaged Food Business at ITC and will be replacing VL Rajesh, who has stepped down to take a year-long sabbatical. Earlier, Malik was working as...

Even as FMCG majors in India expected a revival in demand in the second half of the year, post a normal monsoon that bought a relief to drought-hit farmers almost after two years, the September quarter has been dismal...

Cigarettes-to-hotels-to-FMCG major ITC Ltd on Wednesday reported a 10.5 per cent rise in its stand alone net profit to Rs 2,500.03 crore for the quarter ended September 30, 2016 as compared to Rs 2,262.50 crore for the year-ago period. Total...

Madhur Deep Senior VP Alibaba Group Former McKinsey and Delloite executive Madhur Deep, joined Chinese behemoth Alibaba as its Senior Vice President recently. In his new role, Deep will be responsible for heading the strategy and investment teams to build out market entry,...

FMCG major ITC Ltd on Sunday said it would divest 100 percent of its equity stake in US-based King Maker Marketing Inc for an estimated consideration of $24 million. "The corporate management committee has approved divestment of company's entire shareholding...

Leveraging its twin strengths -- agri-commodity sourcing and presence in luxury hotels segment -- ITC Ltd. has forayed into the gourmet coffee business, said a senior official. The coffee will be available in two choices, Nicamalai -- a blend of...

The Delhi High Court on Thursday reserved its order on a plea filed by Britannia Industries Ltd against a single judge's order to stop using the current packaging style for its "Nutri Choice Digestive Zero" biscuits. A division bench of...

Delhi High Court on Thursday refrained from passing an interim order on Britannia Industries Ltd's plea challenging a single judge's order restraining them from using the packaging of its 'Nutri Choice Digestive Zero' biscuits in its present form. "In the...

FMCG major ITC has announced the appointment of Sanjiv Puri as its Chief Operating Officer with immediate effect. Puri is seen as the successor of chairman YC Deveshwar, who is to step down early next year after a more than...