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ITC plans Rs 15K crore expansions

To expand business of all its verticals including retail and fashion & lifestyle, Indian Tobacco Company (ITC) has planned to invest around Rs 15,000 crore over the next few years, the company has said in its sustainability report 2007.According...

Gurdeep Bhatia joins ITC

After a five-year stint in the marketing team of Sports Station India Private Limited (SSIPL), Gurdeep Bhatia has put in his papers and will assume his new position at ITC’s FMCG division. The nature of his profile was not...

Dabur is getting ready to cook

Dabur India is mulling entry into the ready-to-cook (RTC) segment, for which it has been on the lookout for suitable acquisition targets. Besides, it is also planning to add new products to the homecare basket and the Real juice...

ITC to associate with 10 million farmers

To expand its successful rural retail format, ITC plans to associate with 10 million farmers across one lakh villages, and open 20,000 more e-choupals by 2010.Currently, ITC’s e-Choupal network operates in six states with 6,400 kiosks in 40,000 villages,...

ITC aggressive on expansion — target 140 stores

With the target of 140 retail destinations across 54 towns, ITC has chalked out aggressive expansion plans for next few years.According to S Sivakumar, chief executive, ITC agri-business division, the company plans to open 140 Choupal Fresh stores in...

Indian retail majors — Q2 FY08 glimpses

• Pantaloon RetailPantaloon Retail posted 78.5 per cent increase in gross turnover for quarter to September 30, 2007. Pantaloon Retail (India) Limited, part of Future Group, declared its unaudited financial results for the quarter ended September 30, 2007. Gross...

SJM and BMS to protest against retail

Pro-RSS Swadeshi Jagran Manch (SJM) and Bharatiya Mazdoor Sangh will be holding a massive demonstration in the capital on November 21 to protest against entry of corporates and foreign retailers into this sector, as they said it threatened the...

Binu Philips quits ITC

Binu Philips, former divisional manager, production, at ITC lifestyle division, has put in his papers with the company.Chitranjan Dhar, CEO, ITC, Lifestyle Retailing Business, confirmed his movement saying, “He is not with the company and has supposedly joined some...

ITC registers 14.2 per cent growth

The net turnover of ITC for the last quarter registered a growth of 14.2 per cent at Rs.3273 crores, which was mainly due to the robust scale up of Lifestyle Retailing, Foods and Stationary businesses coupled with healthy growth...

Emami eyes pie from Indian realty — scouts for FMCG acquisitions

Indian cosmetic and personal health-care major Emami Ltd has set its radar on the booming realty business. The group set up a subsidiary, Emami Realty Ltd, and has identified 10 projects comprising four IT parks, three shopping malls and...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks

Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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