ITC
Food
ITC to further raise investment in integrated food park at Kapurthala to Rs 1,700 cr
FMCG giant ITC has decided to further increase its investment in the integrated food park at Kapurthala to Rs 1,700 crore, the Punjab government said.
An ITC delegation led by CEO Sanjiv Puri called on Punjab Chief Minister Amarinder Singh...
Food
ITC forays into fruits, vegetables and perishable segment
Diversified conglomerate ITC Ltd has forayed into fruits, vegetables and other perishables segment, the company Chairman, YC Deveshwar, said at the 106th Annual General Meeting.
According to him, the company has recently forayed into the frozen prawn segment. While the...
Food
ITC Ltd net profit up by 7.4 pc in Q1
IANS -
FMCG major ITC Ltd on Thursday reported a 7.4 per cent increase in its net profit at Rs 2,560.50 crore for the quarter ended June 30, 2017 as compared to Rs 2,384.67 crore in the corresponding quarter last year.
Its...
Food
Supreme Court gives Britannia, ITC chance to settle dispute out of court
The Supreme Court today gave an opportunity to Britannia Industries Limited and ITC Limited to settle their dispute regarding the alleged deceptive packaging of their digestive biscuits out of court.
According to a PTI report: "The matter is adjourned sine...
Food
GCPL slashes soap prices by 8 per cent; extends tax benefits to consumers
Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) has slashed its soap prices by 6 to 8 per cent, extending the tax benefits to its consumers, while absorbing the hike in hair colours.
According to a PTI report: The company...
Food
FMCG companies revise rate; extend tax benefits to customers
FMCG companies are revising prices of their products after the implementation of GST and are extending the tax benefits to the consumers under the new tax regime.
According to a PTI report: The companies such as Patanjali, ITC, HUL and...
Food
Jmart: Making shopping convenient for customers
Jmart Pvt. Ltd. is a chain of convenience stores in Delhi-NCR promoted by Alisha Retail Private Limited, a part of RJ Corp – the largest bottler for Pepsico – with diversified interests in beverages, food, beer, milk, ice-cream, stem-cell,...
Food
FMCG cos expect dip in inventory levels, normalcy in Q2 in the run up to GST
FMCG firms are preparing for reduced stocks in their trade channels for a couple of months as anxious dealers cut down inventory levels in the run up to GST, the new indirect tax regime, from July 1.
According to a...
Food
ITC net profit up 12.1 per cent in Q4
Cigarette-to-hotel-to-FMCG major ITC Ltd on Friday posted a 12.13 per cent rise in its standalone net profit to Rs 2,669.47 crore for the quarter ended March 31, 2017, from Rs.2,380.68 crore in the year ago period.
The diversified company's revenue...
Food
ITC ropes in Shilpa Shetty for B Natural juice and beverages
ITC's food division has roped bollywood food actress and fitness enthusiast Shilpa Shetty Kundra as the new brand ambassador for B Natural Juices and Beverages, the company said in a statement.
ITC forayed into the Rs 2,500 crore premium packaged...
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