White goods PLI scheme adds 18 companies Rs3,516-cr investments in third round

White goods PLI scheme adds 18 companies Rs3,516-cr investments in third round

23 Jan 2025

The third round roll-out of Production-linked Incentive scheme for investments in the manufacture of white goods, i.e, air-conditioners and LED lights

ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri

ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri

29 Jul 2024

Diversified group ITC Ltd is planning to invest Rs20,000 crore across business portfolios with about 35-40 per cent earmarked for FMCG sector, 35 per cent going to paper boards and packaging, and the remaining into other businesses, including corporate, over the next five years.

Govt reopens PLI scheme for white goods to benefit more investors

Govt reopens PLI scheme for white goods to benefit more investors

15 Jul 2024

Government has reopened the application window for the production-linked incentive (PLI) scheme for white goods (ACs and LED lights) in order to allow more investors to benefit from the scheme

Bosch looks to acquire appliance maker Whirlpool report

Bosch looks to acquire appliance maker Whirlpool report

29 Jun 2024

Robert Bosch, a leading global supplier of products and services in the areas of mobility, industrial technology, consumer goods

Tata Consumer Products to acquire Capital Foods and Organic India for Rs7,000 cr

Tata Consumer Products to acquire Capital Foods and Organic India for Rs7,000 cr

15 Jan 2024

Tata Consumer Products, the consumer goods arm of the Tata Group has agreed to acquire 100 per cent shares in Capital Foods, and Organic India for a total consideration of Rs7,000 crore.

Hindustan Unilever faces Rs 447.5 crore GST demands and penalties

Hindustan Unilever faces Rs 447.5 crore GST demands and penalties

02 Jan 2024

Leading fast-moving consumer goods (FMCG) manufacturer, Hindustan Unilever Ltd. (HUL), disclosed on Monday, 1 January 2024, that it has been served with Goods and Services Tax (GST) demands and penalties totaling Rs. 447.5 crores by the authorities.

ITC consumer goods revenues up 14% in FY23

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.

DGGI investigates Godrej's Rs 2,825 crore acquisition of Raymond's consumer goods business

DGGI investigates Godrej's Rs 2,825 crore acquisition of Raymond's consumer goods business

30 Oct 2023

The Directorate General of GST Intelligence (DGGI) is currently investigating a recent deal involving and Godrej.

ITC of India falls short of profit expectations amidst rising competition and costs

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 overtakes Infosys to become India's sixth most valuable company

09 May 2023

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