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4 mins read
Explained: Here's why ITC slipped 4% after announcing hotels business demerger
Under the demerger scheme approved by the board of ITC, the company will hold a stake of about 40% …
2 mins read
ITC board gives in-principle approval to demerger of hotels business
Leading conglomerate ITC on Monday said it will demerge its hotel business by incorporating wholly-…
1 min read
A quick tour of ITC Hotels, now a standalone company after the demerger
ITC Hotels: is demerged from its parent company ITC which has interests across FMCG, tobacco ad mo…
1 min read
ITC CMD Sanjiv Puri drew ₹16.31 crore salary in FY23 - that's a 53% jump from last year
The total remuneration of ITC Chairman and Managing Director Sanjiv Puri was increased 53.08 % to ₹…
PTI
2 mins read
ITC's FMCG biz records 21% rise in annual consumer spend in FY23
Diversified conglomerate ITC's FMCG business has recorded a 21 % rise in annual consumer spend to n…
PTI
1 min read
Mcap of top-10 most valued firms plunge Rs 1.93 lakh cr in last week's trade
All the top-10 most valued firms suffered a combined erosion of Rs 1,93,181.15 crore in market valu…
PTI
3 mins read
Price cuts might not bring in volume growth for FMCG majors in Q2 say analysts
It might be a slow second quarter for FMCG companies with hazy volume recovery and tapering raw mat…
1 min read
ITC Q4 net profit rises 22.66% to ₹5,225 crore
Its consolidated revenue from operations stood at Rs 19,058.29 crore against Rs 17,754.02 crore …
PTI
4 mins read
ITC has had a dream run in FY23 and here’s why there’s more juice left in the stock
India’s largest cigarette manufacturer ITC has had a dream run in FY23, with its stock going up by …
2 mins read
Markets bounce back on fag-end buying in RIL, ITC
Equity benchmark indices closed higher on Wednesday, helped by fag-end buying in index majors Relia…
PTI
3 mins read
Away from the umbrella, India Inc unlocks value
Large Indian business houses have been expanding their wings – entering into new territories and in…
1 min read
Market valuation of seven of top-10 most valued firms falls by Rs 77,434.98 cr; ITC, HDFC Bank major laggards
The combined market valuation of seven of the top-10 most valued firms fell by Rs 77,434.98 crore l…
PTI
7 mins read
ITC stock scales 52-week high as brokerages hike target price
$ITC.NSE posted great Q3 results showing how strong the fundamentals are. Have always told all my c…
5 mins read
FMCG sector Q1 preview — Caught between price cuts and volume growth
FMCG companies are expected to show strong margins in Q1 of FY24, backed by the full effect of earl…
1 min read
ITC Q3 net profit rises 23% to Rs 5,070 cr; revenue up 3.5%
ITC Ltd on Friday reported a 23.09 per cent increase in its consolidated net profit at Rs 5,070.09 …
PTI
1 min read
RIL to HDFC Bank to ITC – Here are the 10 most valuable Indian companies
In this post we look at the most valuable Indian companies as per market capitalisation.
3 mins read
Sensex, Nifty50 flat in morning trade: Energy, pharma stocks top gainers
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Wednesday amid negati…
4 mins read
FMCG makers expect sustained recovery in volume and margins with price reduction in FY24
Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-movin…
PTI
4 mins read
Sensex, Nifty50 edge lower in morning trade as energy and FMCG stocks drag
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Friday amid positiv…