ITC consumer goods revenues up 14% in FY23
14 Dec 2023
Home-grown consumer goods major ITC Ltd reported a 14 per cent increase in revenues from its packaged consumer goods business in the financial year 2022-23, with income from the cigarettes business also growing.
The National Industry Quarterly report states 8.6% volume growth in the FMCG sector
08 Nov 2023
India's fast-moving consumer goods (FMCG) industry has experienced a significant uptick in growth during the July–September quarter of fiscal year 2024 (Q2 FY24).
ITC of India falls short of profit expectations amidst rising competition and costs
20 Oct 2023
ITC has reported a below-expected rise in profits in its second quarter, as reported on Thursday, 19 October, 2023.
ITC Q4 net profit rises 11.8% to Rs4,191 crore as revenue soars
19 May 2022
ITC said its before-tax profit for fiscal 2021-22 grew 15.5 per cent to Rs19,829.53 crore and EBITDA increased by 22 per cent to Rs18,933.66 crore, while gross revenue for the year increased by 22.7 per cent to Rs59,101.09 crore
ITC to invest nearly Rs15,000 crore to expand, upgrade
16 Aug 2021
Chairman Sanjiv Puri said, the "new growth areas" would include plastic substitutes and super App ITC MAARS that will help unlock the potential of small farmers
ITC Q3 net profit down 11.4% at Rs3,567.09 cr
15 Feb 2021
ITC Q1 net profit rises 13% to Rs3,174 crore
05 Aug 2019
ITC Q4 net rises 18.7% to Rs3,482 cr
13 May 2019
ITC chairman YC Deveshwar passes away
13 May 2019
Deveshwar, who transformed the tobacco company to a diversified consumer goods company, also saw ITC group’s revenues grow ten-fold from Rs5,200 cr to over Rs51,500 crore over a 20-year period, while also ensuring compounded annual shareholder returns of 23.3 per cent
Reliance buys ITC's menswear brand John Players
26 Mar 2019
ITC net profit up 16.75% at Rs3,090 cr in Q3
20 Jan 2018
ITC to expand operations into fruits, vegetables and perishables
29 Jul 2017
Addressing shareholders, ITC chairman Deveshwar said investments are underway to create climate-controlled infrastructure for an efficient supply chain for fruits, vegetables and other perishables segment
ITC Q4 net rises over 12% to Rs2,669 crore
27 May 2017
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation