Page 6 - Itc Ltd

ITC launches world's most expensive chocolate priced at Rs 4,30,000 per kg

The product will be available on a made-to-order basis starting tomorrow

Hotel Leela asset sale case: SAT upholds an order passed by Sebi

In April, the board of debt-ridden Hotel Leela had floated an ordinary resolution for sale of its assets to Canadian investment firm Brookfield for Rs 3,950 crore

Ban on e-cigarettes unlikely to hinder ITC's prospects; stock falls 1.2%

Down-trading by customers and overall slowdown are near-term challenges for the cigarettes leader

ITC proposes to raise CMD Sanjiv Puri's monthly pay by 46.7% to Rs 22 lakh

The notice sent to shareholders says the revision is based on the necessity to be competitive and performance-driven

ITC Q1 net profit rises 12.7% to Rs 3,436.51 crore, revenue up 6.35%

The performance comes at a time when demand from both the urban as well as rural economies has been sluggish

Valuation gains from non-cigarette businesses likely for ITC's investors

Growing brand size, higher capex and strong distribution network would support the company's other-FMCG business

Profit by chocolate: ITC cooks up plan to turn Fabelle into mass brand

The company looks at ways to take its premium label for chocolates to the market, without diluting the brand

ITC's investment in Uttarakhand crosses Rs 14 billion, says MD Sanjiv Puri

Prime Minister Narendra Modi inaugurated Uttarakhand's first investors summit on Sunday

Rivals square up to take on ITC as company's FMCG business expands

While ITC has steadily added around Rs 7-10 billion in the FMCG top line in the past five years, analysts say there is still much work to do

ITC on the hunt for partnerships for its hospital venture

Diversified conglomerate ITC might explore the option of partnerships for its proposed multi-specialty hospitals.In January, it sought shareholders' approval to alter its memorandum of association to enter the health care sector. It is now in the process of assembling a team to prepare a plan. It is yet to set a schedule for the venture's takeoff.Sanjiv Puri, executive director, says there is already a degree of synergy between the company's existing line of business and the health care initiative. "One piece of hospitals is the hospitality bit, which ITC knows well. For the piece on medical domain, bringing in partners who specialise in that part is an option. But, these are early stages," he said.Even for the hospitality segment, ITC has had a partner in Starwood Hotels & Resorts for nearly four decades. This partnership began in 1979, with the Sheraton brand. In 2007, both companies signed an agreement through which Starwood introduced The Luxury Collection brand in India, ...

ITC hikes prices of Navy Cut and Gold Flake

Per-packet price for both brands raised by Rs 11, no reason given for hike