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ITC trades ex-hotels business: What it means for its shareholders?

ITC trades ex-hotels business: What it means for its shareholders?

Mon, Jan 06, 2025

After the special pre-opening session for ITC concluded at 10:00 am, its scrip on the BSE settled at a price of Rs 455 per share.

ITC Hotels to enter Sensex, Nifty50, other indices temporarily?

ITC Hotels to enter Sensex, Nifty50, other indices temporarily?

Mon, Jan 06, 2025

As part of the arrangement, the ITC stock will undergo a special pre-opening session and ITC Hotels will be added to headline indices Sensex and Nifty.

ITC Hotels to join Nifty: Last day to buy before demerger

ITC Hotels to join Nifty: Last day to buy before demerger

Fri, Jan 03, 2025

ITC Hotels is set to debut on the stock exchanges in a dummy format, with shares allocated to ITC shareholders ahead of the official listing. Last day to buy is today.

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SUUTI sells 1.63% stake in L&T for Rs 2100 crore

SUUTI sells 1.63% stake in L&T for Rs 2100 crore

Fri, Nov 04, 2016

Neeraj Kumar Gupta, secretary for Department of Investment and Public Asset Management, in New Delhi told reporters that the government had offered 1.5% of its stake in the company to investors but got offers for 1.63% stake.

ITC, VST, Godfrey jump as GST Panel sets tobacco rate at 65%

ITC, VST, Godfrey jump as GST Panel sets tobacco rate at 65%

Fri, Nov 04, 2016

Finance Minister Arun Jaitley led GST panel yesterday fixed the rate structure, under which they stated that tobacco will be taxed at 65% rate.

Domestic FMCG firms log more revenue than MNCs in FY16: Report

Domestic FMCG firms log more revenue than MNCs in FY16: Report

Mon, Oct 31, 2016

Country's seven leading FMCG companies have fared better than their multinational peers in terms of revenue growth in India during 2015-16 fiscal, says a report.

FMCG face low volume growth in Q2 FY17

FMCG face low volume growth in Q2 FY17

Thu, Oct 27, 2016

Second quarter did not prove to be much of a bright spot for the fast moving consumer goods (FMCG) industry as volume sales of top consumer product makers had marginally improved.

ITC's cigarette business grows against all odds

ITC's cigarette business grows against all odds

Wed, Oct 26, 2016

Overall, FMCG segment revenue recorded a growth of 13.3% during the quarter

ITC's net profit jumps to Rs 2500 crore; Cigarette revenue up 7%

ITC's net profit jumps to Rs 2500 crore; Cigarette revenue up 7%

Wed, Oct 26, 2016

The company's stocks picked up as the financial results beat the estimates

CSR spends of 920 firms up nearly 28% to Rs 8,300 crore in 2015-16

CSR spends of 920 firms up nearly 28% to Rs 8,300 crore in 2015-16

Mon, Oct 24, 2016

About 920 companies have witnessed a rise of nearly 28% in their expenditure on corporate social responsibility (CSR) in 2015-16, said PRIME Database in a press release on Monday.

Top nine cos add Rs 30,034 crore in market valuation

Top nine cos add Rs 30,034 crore in market valuation

Sun, Oct 23, 2016

Nine of the 10 most valued Indian companies together added Rs 30,034.14 crore to their market valuation last week, with IT major TCS topping the chart.

ITC to sell 100% stake in King Maker Marketing for nearly Rs 160 crore

ITC to sell 100% stake in King Maker Marketing for nearly Rs 160 crore

Mon, Oct 10, 2016

India's multi-business conglomerate ITC has announced divestment of 100% stake in its wholly-owned subsidiary King Maker Marketing to United States' (US) firm Premier Manufacturing for estimated amount of $24 million (nearly Rs 159.7 crore).

Not a 'Good day'! HC refuses to suspend order against Britannia

Not a 'Good day'! HC refuses to suspend order against Britannia

Wed, Oct 05, 2016

The bench has kept its decision pending after the parties concluded their arguments on September 22.

ITC, 8 others take hit of Rs 57,065 crore in market valuation

ITC, 8 others take hit of Rs 57,065 crore in market valuation

Sun, Oct 02, 2016

Combined market valuation (m-cap) of 9 of the top 10 most valued Indian companies plummeted by Rs 57,065.11 crore last week, with ITC taking the sharpest hit.

Digestive Biscuit dispute: Britannia files counter suit against ITC

Digestive Biscuit dispute: Britannia files counter suit against ITC

Thu, Sep 08, 2016

Britannia Industry in a statement said, "We have filed a counter suit against ITC for copying our colour combination in their packaging.

Digestive Biscuit dispute: ITC filed case against Britannia

Digestive Biscuit dispute: ITC filed case against Britannia

Fri, Aug 26, 2016

ITC's sunfeast farmlite digestive packaging claims 'No added sugar, maida' and that it contains 'fibre'. While Britannia's NutriChoice Digestive too has similar branding slogans which says '0 per cent added sugar, maida' and contains 'high fibre'. These two products are priced also at same price.

Digestive Biscuit dilemma: Britannia shares up by 3% while ITC trades flat

Digestive Biscuit dilemma: Britannia shares up by 3% while ITC trades flat

Wed, Aug 24, 2016

ITC's sunfeast farmlite digestive packaging claims 'No added sugar, maida' and that it contains 'fibre'. While Britannia's NutriChoice Digestive too has similar branding slogans which says '0 per cent added sugar, maida' and contains 'high fibre'. These two products are priced also at same price.

ITC's cigarette revenues continue to decline

ITC's cigarette revenues continue to decline

Fri, Jul 22, 2016

India's FMCG giant ITC on Thursday reported an over 10% rise in its standalone net profit at Rs 2,384.67 crore in the quarter ended June 30. The company had posted a net profit of Rs 2,166 crore in the corresponding quarter of FY2015-16.

Indian equity markets open flat; Axis Bank in focus ahead of Q1 results

Indian equity markets open flat; Axis Bank in focus ahead of Q1 results

Fri, Jul 22, 2016

Axis Bank, trading at Rs 534.70, down 0.66%, will be in focus as the bank is set to announce its financial results for the quarter ended on June 30.

LIC may buy Rs 30,000 crore of SUUTI's assets

LIC may buy Rs 30,000 crore of SUUTI's assets

Wed, Jul 13, 2016

SUUTI has shares in 43 listed and eight unlisted companies.

Exit plan of ITC's CEO Deveshwar weakens its trading

Exit plan of ITC's CEO Deveshwar weakens its trading

Wed, Jun 22, 2016

Exit plan of ITC's CEO Deveshwar weakens its trading. Watch complete news story of Share Bazaar and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

WATCH: Top 5 stories of the day; From global markets cautious before Brexit to govt likely to announce new textile policy

WATCH: Top 5 stories of the day; From global markets cautious before Brexit to govt likely to announce new textile policy

Wed, Jun 22, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Today's top five stories: 1.Global markets cautious before Brexit

Y C Deveshwar to step aside from executive role in ITC from Feb 2017

Y C Deveshwar to step aside from executive role in ITC from Feb 2017

Tue, Jun 21, 2016

Deveshwar (69), who joined ITC in 1968 had assumed office as Executive Chairman in January, 1996.

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