ITC

The foreign direct investment (FDI) in the food processing sector is expected to rise by 38 percent to US $1 billion this fiscal, driven by recent reforms, Union minister Harsimrat Kaur Badal said.According to a PTI report: Efforts are...

Diversified conglomerate ITC's CEO Sanjeev Puri met Uttar Pradesh Chief Minister Yogi Adityanath on Saturday and gave to him proposals worth Rs 1,100 crore in consumer food items, green energy and for setting up of a logistics hub in...

In the run up to budget, consumer goods companies are looking for a greater thrust on food processing sector to add value to the agricultural produce, increase in rural wages and reduction in taxes to leave more money in...

FMCG major ITC Ltd on Friday reported a 16.8 per cent increase in its net profit to Rs 3,090.20 crore in the quarter ended December 31, 2017 as compared to Rs 2,646.73 crore in the year-ago period.On a comparable...

Punjab Chief Minister Amarinder Singh on Thursday inaugurated the ITC's new state-of-the-art integrated food manufacturing and logistics facility here, giving a major fillip to the state's food processing sector. Spread over 72 acres, with an initial outlay of approximately Rs...

ITC Ltd sees growth opportunity in the fast moving consumer goods (FMCG) space as it is expanding the portfolios in the segment, a company official said on Monday. "Opportunity is the biggest in the FMCG segment. That is where our...

As India moves up in the Ease of Doing Business ranking, industrialists on Friday said things are getting easier in terms of taking off projects but procurement of land still remained an impediment for large projects. "Lot of measures have...

FMCG companies, including ITC, Dabur, HUL and Marico, said they have cut prices of various products to pass on the benefits of GST rate reduction to end-consumers. The companies said they will extend the price reduction to other categories, which...

With the revised GST rates coming into force from Wednesday, FMCG majors such as Hindustan Unilever (HUL) and ITC said they are in the process of reducing prices of commonly used items to pass on the benefits to consumers. According...

For quite some time now, the transformational growth of e-tailing globally and in India, has led to the death knell being sounded for offline, brick-and-mortar retailers. While it is resoundingly true that the online challenge has greatly impacted the...