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Sanjiv Puri appointed COO of ITC

FMCG major ITC has announced the appointment of Sanjiv Puri as its Chief Operating Officer with immediate effect. Puri is seen as the successor of chairman YC Deveshwar, who is to step down early next year after a more than...

YC Deveshwar bets on tobacco biz for ITC shareholders' good

Setting an ambitious target of Rs 1 lakh crore revenue for ITC as India's top FMCG player by 2030, its outgoing chief executive YC Deveshwar said growth of tobacco business will continue to be good for shareholders of the...

ITC sets revenue target of Rs 1,00,000 crore by 2030

ITC Ltd will focus on nutrition, health and well-being for the FMCG business, chairman and CEO YC Deveshwar said. "Most of ITC's businesses are well positioned to contribute, in good measure, to the triple bottom line objectives of the company. However,...

ITC shakes off sluggishness, reports 10 pc profit at Rs 2,385 cr

FMCG-to-hotels-to tobacco giant ITC Ltd has posted a better performance with a modest 10 per cent growth in net profit and 8.3 per cent rise in revenue, breaking its recent lackluster streak of low single digit growth.   Analysts say the recent numbers...

Tata tops list of India's 100 most valuable brands

Tata topped the list of India’s 100 most valuable brands in the latest edition of consultant Brand Finance's listing of India's top 100 brands- this despite a value drop of 11 per cent from 2015 due to decline in revenue over...

Baked food category driven by consumers' healthy preference

Rising urbanisation, increase in population of working women, changing lifestyles, greater per capita income, and rising awareness about health and wellness have strongly impacted the way today’s urban Indians eat and drink. A growing interest in healthy eating can also...

Top kitchen equipment trends for F&B industry

F&B businesses are on the verge of revolutionising their commercial kitchen with unique concepts and equipment. The pressure is on to create a kitchen space that can adapt to new consumer trends. This is because the industry is witnessing...

CSR by Brands: Best for society, better for products

It's been three years since the Corporate Social Responsibility (CSR) Policy has been implemented in India and multi-national companies (MNCs) in India have taken to it like a duck to water. Corporate Social Responsibility refer to initiatives taken by companies to assess their effects on the...

ITC's food business crosses Rs 7,000 crore sales mark in 2015-16

The company said the FMCG industry faced another challenging year with demand conditions remaining sluggish for the third year in succession...READ MORE

ITC chief Yogi Deveshwar to step down in 2017

ITC Chairman YC Deveshwar will step down from his executive role in February next year and stay on as non-executive chairman until 2020, putting to rest speculation over the retirement of one of India's longest-serving company bosses after two...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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