Page 5 - Itc Ltd News Today

Drone Scheme: The government announced on Wednesday it has approved an outlay of INR 1,261 crore for the period from 2024-25 to 2025-26 for the scheme.

According to the media reports, Adani Wilmar, a joint venture between the Adani Group and Singapore-based Wilmar Group, has been considering the sale of the Adani Groups nearly 44 per cent stake in the company, , itc ltd, Adani Wilmar Limited

Fortune Park Hotels currently has a presence in five other locations in Tamil Nadu including Vellore, Ootacamund, Madurai, Chennai, and Hosur. "The Fortune Park Tiruppur is our sixth milestone in Tamil Nadu. It is exciting to continue our successful stride into tier II and III markets aptly capturing the allure of cities like Tiruppur.." said Fortune Hotels Managing Director Samir MC in a statement.

“ITC is deploying ‘ITC MAARS, which seeks to offer a wide range of agricultural solutions to farmers, while creating new revenue streams and providing better markets for advanced agriculture and rural services. The aspiration is to connect with 5 Lakh farmers in West Bengal,” Puri said

Prithvi Raj Singh Oberoi, Chairman Emeritus of the Oberoi Group passed away on November 14 morning, leaving a legacy that will inspire people for years to come.

ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 545727.22 Crore) operating in Tobacco sector.

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Pli: The government plans to include more products in the textile sector such as man-made fibre and give firms an additional year to meet the manufacturing targets required to claim incentives for the scheme, the officials said. The scheme will also be extended by a year for the pharmaceuticals sector, while the financial allocation will be raised for incentive payouts to the production of drones to 3.3 billion rupees from the current 1.2 billion rupees, the officials added.

India is set to make amendments and widen certain regulations in five key sectors to enhance the utilization of its $24 billion industrial incentives, designed to promote domestic manufacturing, as confirmed by two government officials on Thursday.

India: The 1.97-trillion rupees production-linked incentive scheme (PLI), launched in 2020, covers 14 sectors ranging from electronic products to drones but has been successful only in a handful of them, triggering reviews.