ITC
Food
ITC’s Q2 standalone net profit up 36 pc
IANS -
FMCG-to-hospitality major ITC on Thursday reported a 36.10 percent year-on-year (YoY) rise in its standalone net profit for the quarter ended September at Rs 4,023.10 crore.The company had reported its standalone net profit in the July-September period of financial...
Food
ITC launches world’s most expensive chocolate priced at Rs 4.3 lakh/kg
Diversified group ITC on Tuesday launched the world's most expensive chocolate priced at Rs 4.3 lakh per kilogram under its Fabelle brand.ITC's luxury chocolate brand Fabelle Exquisite Chocolates has introduced its limited edition range chocolate 'Trinity - Truffles Extraordinaire'...
Food
ITC to invest Rs 700 cr in food park in Madhya Pradesh
Consumer goods major ITC chairman Sanjiv Puri on Friday said the company is planning to set up a food processing facility in Madhya Pradesh at an investment of Rs 700 crore.According to a PTI report: The company also said...
Retail
Factors fueling retail growth in India
Many factors are responsible for the growth of retailing in India. Currently, the consumer profiles are upgrading by themselves as they are increasingly exposed to newer means and varieties of consumption. Increase in consumption is one of the key...
Fashion
Formal Shirts Market Analysis: Current trends and future mapping
Despite the fact that the segment has seen a setback with the advent of the casual wear industry, lately formal wear is back in fashion with brands having modernized their offerings that include new colours, fits and innovative fabrics....
Food
ITC eyeing strategic acquisitions in FMCG business
IANS -
Diversified conglomerate ITC Ltd is engaging with and investing in start-ups while looking at strategic opportunities for acquisitions to accelerate growth in the FMCG business, its Chairman-cum-Managing Director (CMD) Sanjiv Puri said on Friday."Today, around 25 percent of ITC's...
Food
ITC appoints Sanjiv Puri as Chairman and Managing Director
Diversified ITC Group Monday announced elevation of its MD Sanjiv Puri as the Chairman and Managing Director of the company.Puri's elevation comes after noted industry leader and erstwhile ITC Chairman Y C Deveshwar passed away Saturday morning after a...
Food
ITC to expand dairy beverages portfolio
Tobaccos-to-hotels major ITC is planning to expand its dairy beverages portfolio to the rest of the country by the next summer and is eyeing a 5-10 percent market share in the first year of operations.According to a PTI report:...
Food
Taste of India: Namkeen industry on the rise
The market for namkeen and snacks in India is about INR one lakh crore. Being a most vibrant sector, it has been witnessing unprecedented growth in the recent past and continues to expand rapidly. Indian consumers seem to have...
Food
Perfetti Van Melle expects to have 25 pc share in confectionery market in next 3 years
Global confectionery major Perfetti Van Melle expects to increase its market share in India to around 25 percent in the next three years, a company official said.According to a PTI report: The company expects to climb the ladder on...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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