ITC

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...

The entire Indian agriculture value chain is set to change drastically and food processing is going to be a main industry in the future, Finance Minister Arun Jaitley said on Friday at World Food India 2017, even as event's...

Various CEOs of global food processing and related companies on Friday interacted with Prime Minister Narendra Modi and appreciated the government's structural reforms and initiatives like GST and the liberalization of the FDI regime in India. An official statement said...

Diversified conglomerate ITC said it plans to invest Rs 10,000 crore to set up food processing facilities across the country. According to a PTI report: The Kolkata-based company is looking to have around 20 such units pan India. "I am happy...

FMCG major ITC has introduced a new brand, Farmland, marking its foray into the fresh fruits and vegetables segment. According to a PTI report: The company today introduced four variants of potatoes, which will be available in Delhi from this...

Cigarette-to-FMCG major ITC Ltd on Friday reported a 5.6 per cent increase in its net profit to Rs 2,639.84 crore in the quarter ended September 30, 2017 as compared to Rs 2,500.03 crore in the year-ago period. Its gross revenue...

As the GST completes 100 days, major FMCG firms, including Dabur and Godrej Consumer, expect full recovery from the pangs of implementation of the new tax regime by the end of the third quarter with clear signs of demand...

FMCG major ITC will continue diversification into new areas with agri business set to play a key role, as part of its 'India First' strategy under which it aims to create 10 million sustainable livelihoods by 2030, according to...