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ITC chairman and managing director Sanjiv Puri said the company is setting up new plants such as for spices which will cater to both exports and domestic markets, packaging plant in Gujarat since there are huge demand in that region from clients, a nicotine derivative plant and also adding new lines and upgrade existing ones. He declined to specify the investment horizon in years. ....
Business conglomerate ITC Ltd on Thursday said it plans to invest around $2 billion (around Rs 14,851 crore) as part of its 'ITC Next' strategy, under which it will explore opportunities to craft "disruptive business models". ....
Coordination among states most critical for tourism revival: FAITH prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
CII ties up ITC Hotels to launch vocational education in hospitality sector business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
39 managers enter ITC crorepati club in FY21 SECTIONS Share Synopsis Total crorepati count rises to 153; in the FMCG space, ITC has 96 execs earning over a crore a year compared to 123 in HUL. Agencies As many as 153 employees earned Rs 1 crore-plus salaries annually at ITC Ltd in the last fiscal year, outstripping Hindustan Unilever Ltd ( HUL), which had held the record in India’s consumer goods market. While ITC added nearly 39 new crorepati managers last year, HUL saw a marginal fall to 123 from 129 in FY20, as per the latest disclosures by both companies in their annual reports. This was despite HUL merging GSK Consumer with itself, a move that added 3,500 employees to the workforce, including 21 managers drawing salaries of more than Rs 1 crore. To be sure, unlike pure-play consumer goods maker HUL, ITC is a conglomerate with multiple businesses including FMCG. These include cigarettes and cigars, packaged food products, personal care, statio ....