Sanjiv Puri

The fast-moving consumer goods (FMCG) company will use the money to build more manufacturing capabilities

ITC is also developing a comprehensive millets-based portfolio under popular brand names and in familiar formats for easier adoption

The process of the world's transition towards 'net-zero' needs to be inclusive to avoid accentuation of social inequality challenge and the 'exemplary progress' made by India in the area is worthwhile for the global community to look at, ITC Chairman and Managing Director Sanjiv Puri said on Monday. In his address at the Business-20 (B20) India inception meeting here, Puri also called for collective efforts in the G-20 and global community to come together to find solutions in a collaborative fashion for a sustainable future. "The fact that the world has to transition to net-zero, the fact that the world needs to move to a more sustainable and greener future is well acknowledged and understood. However, as we all know, progress has not been adequate," Puri said at the meeting organised by CII. There are challenges, there are critical, financial and social issues that need to be addressed, to accelerate progress, he added. "It is important as we traverse this complex journey that th

As part of the ITC Next strategy, we are making sure that the organisation remains agile, nimble and consumer-centric at all times

ITC Ltd would pursue the "asset-right" strategy for its hotel business to ensure that the diversified conglomerate remains competitive and contemporary, and continues to deliver superior performance, its chairman Sanjiv Puri said. The Kolkata-based multi-conglomerate, which operates hotels under the brand names such as ITC and Welcome, also said that it is exploring foreign markets for its hospitality business, he said. According to Puri, the tourism and hotel industry is recovering after pandemic and the company will take the demerger process forward and explore alternate structure. "Once things are finalised and we have a final proposal we will share it," Puri told PTI when asked about the demerger of ITC hotel business. On the company's plans to expand hotel operations overseas, he said they are "pursuing asset-right strategy sometime now and there are large number of hotels that have come in under Welcome hotels. The new brand called 'Storii' and 'Momentous' also will start ...

Last month, ITC Chairman Sanjiv Puri said that the company was liquidating some old inventory of the Wills brand left in a few stores and there were no further plans to continue the business.

ITC launched 110 products in FY22 to mark its capacity for innovation, he says

Diversified conglomerate ITC Limited said that the company will continue to deliver robust growth despite key concerns such as inflation

ITC Chairman and Managing Director Sanjiv Puri's three years in charge have seen structural shifts that steadied the cigarettes to hotels major against a tough business environment

ITC chairman and managing director Sanjiv Puri has been elected the Vice President of CII for 2022-23, while TVS Supply Chain Solutions Executive R Dinesh has become the new President De

The number of employees at conglomerate ITC drawing a salary of over Rs 1 crore per annum has gone up by 44 per cent in the recently-concluded FY2021-22 fiscal, according to the company's annual report. The total number of ITC employees drawing a salary aggregating Rs 8.5 lakh per month or over a crore rupees per year was 220 against 153 in 2020-21, said the latest annual report of ITC. "There were 220 employees, who were employed throughout the year and were in receipt of remuneration aggregating Rs 102 lakhs or more or were employed for part of the year and were in receipt of remuneration aggregating Rs 8.5 lakhs per month or more during the financial year ended March 31, 2022," the annual report said. While the gross remuneration drawn by ITC Chairman & Managing Director Sanjiv Puri in FY22 was up 5.35 per cent to Rs 12.59 crore, which includes a consolidated salary of Rs 2.64 crore, perquisites /other benefits of Rs 49.63 lakh and a performance bonus of Rs 7.52 crore. Puri's ..

ITC appears to be closing in on turning its FMCG, agriculture and hotel segments as main growth drivers, with chairman Sanjiv Puri shepherding the 'Next' strategy

The product will offer a wide range of agricultural solutions while its micro-services structure will enable plug-in by a range of agtech solutions

About the FMCG business, Sanjiv Puri said ITC is focusing to build a formidable business at scale and several of its brands have already achieved leadership positions

Its non-cigarette FMCG business has been restructured and positioned as the next growth engine but the market still considers the conglomerate a tobacco player

After the breakdown below 200-day moving average (DMA) in June 2019, this is the second attempt that the stock is making to conquer the significant moving averages

Diversified business entity ITC has accelerated digital transformation under the company's future-ready strategy to enhance competitive advantage and operational effectiveness, Sanjiv Puri said

Says impact of Covid-19 on livelihood severe, believes health could be the next IT

CEOs warn of economic depression, say need to work within new normal

FCMG companies have been grappling with multiple challenges - manufacturing, supply chain and manpower availability being primary among them