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ITC to resume cigarette production amid health warning row

ITC to resume cigarette production amid health warning row

India`s biggest cigarette maker ITC Ltd will soon resume production at its factories, the company said in a statement, two weeks after it decided to shutter its plants over the government`s stringent new packaging rules.

ITC, Starwood extend partnership, add 3 more properties

Diversified Group ITC Ltd and Starwood Hotels and Resorts today extended their existing partnership for 11 ITC Luxury Collection hotels and one hotel under the Sheraton brand

TCS biggest wealth creators during 2010-15, RIL the least: Study

TCS biggest wealth creators during 2010-15, RIL the least: Study

Software major Tata Consultancy Services (TCS) emerged as the biggest wealth creator in the past five years, while MMTC and Reliance Industries topped the list of companies where investors lost the most, says a study.

ITC elevates Sanjeev Puri as Director FMCG

ITC elevates Sanjeev Puri as Director FMCG

Sanjiv Puri would take charge from P Dhobale, who is a director on the board of ITC and has responsibility for the group's FMCG businesses.

After maggi, excess lead found in Yippee noodles; UP FDA to file case

After Maggi, the Uttar Pradesh Food and Drug Authority (FDA) has found excess lead in Yippee noodles of domestic giant ITC Ltd and will soon file a case.

ITC in talks to buy Century's paper business: Sources

ITC Ltd, India`s largest cigarette maker, is in talks with Century Textile and Industries Ltd to buy its paper division in a bid to diversify revenue to non-tobacco businesses, said two sources directly involved in the deal.

SEBI drops insider trading charges against ITC's employee

Market regulator SEBI Thursday dismissed allegations of insider trading against an employee of ITC Ltd saying they could not be established.

ITC slumps 4% as govt proposes ban on sale of loose cigarettes

Shares of tobacco companies -- ITC and Godfrey Philips India -- fell sharply by as much as 4 percent Wednesday after the government proposed to amend the anti-smoking law and proposed radical changes, including ban on sale of loose cigarettes.

ITC net profit up 16 percent, in line with forecast

India's largest cigarette maker, ITC Ltd, posted a 16 percent jump in quarterly net profit on Friday, in line with market expectations.

ITC breaks below 200-day moving average on high valuations

ITC posted on October 25 sales volume growth in the July-September quarter that disappointed investors, sparking downgrades from brokerages including Morgan Stanley.

ITC hikes prices of select cigarette brands

Diversified business group ITC Ltd Monday said it has increased prices of select cigarette brands, Gold Flake and Classic by over 10 percent, the second hike in as many months.

ITC aspires to be numero uno in FMCG sector: Deveshwar

Diversified conglomerate ITC Ltd on Friday said it aspired to be the number one player in the FMCG sector in the country.

ITC Q1 net up 18% to Rs 1,891.33 crore on good show across biz

ITC Ltd reported 18.05 percent increase in net profit at Rs 1,891.33 crore for the first quarter ended June 30, 2013.

ITC Q4 net up 19% at Rs 1,928 cr; FY13 profit at Rs 7,418 cr

The company had posted a net profit of Rs 1,614.36 crore in the January-March period in 2011-12.

Sensex fails to maintain early momentum; moves southwards

The BSE Sensex on Friday failed to maintain initial gains and declined by seven points in late morning deals due to mild profit booking in consumer durables, healthcare, capital goods and banking sectors, following overnight losses in the US market.

ITC may not qualify for Kolkata LTU facility

Cigarette to diversified conglomerate, ITC Ltd, may not qualify for entry into the proposed Large Taxpayers Unit (LTU) here for association with tobacco.

ITC chairman ranked 7th best CEO: HBR

Harvard Business Review (HBR) in its January-February 2013 edition has named ITC Ltd chairman YC Deveshwar as the seventh best performing CEO in the world.

ITC Q2 net up 21% at Rs 1,836 crore

Diversified conglomerate ITC Ltd on Friday reported a 21.27 per cent increase in its net profit at Rs 1,836.42 crore for the second quarter ended September 30, over the same period of previous fiscal.

ITC Q1 net up 20% at Rs 1,602 crore

Diversified business firm ITC Ltd on Thursday said its net profit rose 20.21 percent to Rs 1,602.14 crore during the first quarter ended June 30, 2012.

ITC buys 4.62% stake in Hotel Leela from Russell Credit

Diversified business group ITC Ltd on Thursday consolidated its shareholding in Hotel Leelaventure Ltd by acquiring 4.62 percent stake from its wholly-owned subsidiary Russell Credit Ltd.