Ambani gets 205-times of median pay; ITC's Deveshwar 439-times
Billionaire industrialist and India's richest Mukesh Ambani has not taken a pay hike for seven years, but his salary is over 205-times that of the median employee remuneration at Reliance Industries Ltd (RIL).
Jul 05, 2015, 17:09 PM IST
ITC's investment wing Russell Credit acquires BFIL Finance
The investment firm has acquired BFIL's entire share capital of Rs 20 crore, the conglomerate said in a filing to BSE. ITC shares today settled 1.37 percent up at Rs 314.55 apiece on the BSE.
Jun 23, 2015, 17:28 PM IST
ITC to remove "no added MSG" disclaimer from 'Yippee' noodles
According to the company, under the Food Safety Standards Act, if a manufacturer adds MSG (Monosodium glutamate) in its product, then only the quantum of MSG has to be declared.
Jun 16, 2015, 17:19 PM IST
ITC Q4 net up 3.65% at Rs 2,361.18 crore
Net sales rose marginally by 0.47 percent to Rs 9,188.25 crore in the quarter under review from Rs 9,145.14 crore in the year-ago period, ITC said in a BSE filing.
May 22, 2015, 17:01 PM IST
Microsoft phones infringe patents: U.S. International Trade Commission judge
Microsoft Corp lost a round in a potentially costly patent battle when a U.S. International Trade Commission judge on Monday found that the software giant used InterDigital Inc`s technology in its mobile phones without permission.
Apr 28, 2015, 04:25 AM IST
ITC to hike cigarette prices by up to 15%
Leading conglomerate ITC will soon increase prices of cigarette brands like Classic and Gold Flake Kings by up to 15 per cent per pack following the hike in excise duty on cigarettes in the Budget 2015-16.
Mar 13, 2015, 16:45 PM IST
Asian firms challenge Apple with snazzy new smartphones
Several big Asian phone companies launched new high-end smartphones and other wireless gizmos on today, hoping to challenge US giant Apple in a big year for wireless gadgets.
Mar 02, 2015, 02:09 AM IST
ITC to acquire J&J's Savlon and Shower To Shower brands
FMCG major ITC has entered into an agreement with Johnson & Johnson to acquire its brands, 'Savlon' and 'Shower To Shower', in India.
Feb 13, 2015, 12:38 PM IST
ITC shares down over 5%; mcap dips Rs 14,871 cr post results
Shares of FMCG giant ITC Wednesday slumped over 5 percent, eroding Rs 14,871 crore in market valuation, after the company's December quarter earnings failed to enthuse investors.
Jan 21, 2015, 18:10 PM IST
ITC Q3 Net up over 10% at Rs 2,635 crore
Diversified conglomerate ITC on Wednesday reported a 10.47 per cent rise in its net profit at Rs 2,635 crore for the third quarter ended December 31, 2014.
Jan 21, 2015, 13:19 PM IST
Nifty hits new peak in intra-day trade; ITC lights up
Buoyant overseas sentiment and expectation of further reforms steered the benchmark Nifty to conquer a new lifetime high in intra-day trade on the National Stock Exchange (NSE) Thursday.
Dec 04, 2014, 22:35 PM IST
Sensex rebounds 120 points; Nifty hits new peak
Shares of ITC, which carries the biggest weight in 30-share Sensex, rose by 5.44 percent on hopes that a proposal to ban sale of loose cigarettes will be put on hold.
Dec 04, 2014, 17:55 PM IST
Nifty drops after hitting new high, ITC tanks 5%
Shares retreated on hectic profit -booking and new SEBI norms on P-Notes after hitting fresh highs as the benchmark Nifty logged its biggest single day drop in six weeks and settled below the 8,500 mark on National Stock Exchange (NSE) Tuesday.
Nov 25, 2014, 22:29 PM IST
Cigarette stocks fall sharply; ITC drops 5%
Shares of cigarette companies such as ITC and Godfrey Phillips fell sharply Tuesday amid reports the government has accepted an expert panel's recommendation to ban the sale of loose cigarettes.
Nov 25, 2014, 18:04 PM IST
ITC Q2 net profit at Rs 2,425.16 crore
Diversified conglomerate ITC Ltd today posted a standalone net profit to Rs 2,425.16 crore for the second quarter ended September 30, 2014.
Oct 31, 2014, 14:49 PM IST
Govt plans to raise near Rs 50 billion through ETF by March
The ETF would be made up of the government`s stakeholdings in up to ten companies, including stakes in companies held through an offshoot of the Unit Trust of India known as SUUTI.
Oct 08, 2014, 14:15 PM IST
ITC replaces TCS as India's most admired company
In the latest list for the year 2014, ITC is followed by engineering and infrastructure major Larsen and Toubro (L&T), another FMCG giant Hindustan Unilever, carmaker Maruti Suzuki and public sector bank SBI among the top five most admired companies in India.
Aug 24, 2014, 12:59 PM IST
ITC, L&T, HUL India's most admired companies
FMCG giant ITC is India's most admired company, followed by engineering major L&T and Hindustan Unilever Ltd, according to a list compiled by Fortune India.
Aug 06, 2014, 16:20 PM IST
ITC hikes price of select cigarette brands by up to Rs10 per pack
Diversified conglomerate ITC has raised the prices of select cigarette brands like Classic and Gold Flake Kings by up to Rs 10/pack in the wake of hike in excise duty on cigarettes in the Budget.
Aug 04, 2014, 21:48 PM IST
ITC wants to create world-class brands: Deveshwar
Deveshwar said if the FMCG brands continue to succeed and develop into world class brands, then ITC would engage in newer areas in this segment.
Jul 30, 2014, 22:06 PM IST