'More tax on cigarette means more contraband tobacco intake'

The more you tax cigarettes, the more is consumption of contraband tobacco products, said ITC Chairman Y C Deveshwar while expressing hopes of a "moderate Budget" this year.

Happy that ITC diversified: Deveshwar

He said the company was now looking at entering into newer areas of food business.

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.

8 Indians among world's best performing CEOs

ITC chairman Y C Deveshwar, ranked seventh overall (Rank 7), was first among the Indian CEOs. Under his leadership, ITC saw its value increase by USD 45 billion.

My successor will be a man with wide bandwidth: ITC Chairman

Chairman of ITC limited Y C Deveshwar Friday said that his successor would be a man with a wide bandwidth.