Tag: ITC

Odisha CM inaugurates integrated consumer goods manufacturing facility

The CM further added that this is the first integrated Consumer Goods Manufacturing and Logistics facility in Odisha, and it spans an area of 35 acres.

May 23, 2023

Fake invoice racket busted, 2 held

Preliminary enquiry conducted so far into the transactions of these firms has revealed tax evasion of nearly Rs 17 crore.

March 18, 2023

EDII to join corporates to create 10,000 women-led green businesses

The Entrepreneurship Development Institute of India (EDII), a centre of excellence recognised by the government, announced that it would join hands with certain corporates to create 10,000 women-led green businesses across 100 districts in the country in 1,000 days.

September 3, 2022

ITC Hotels’ iconic culinary brand Peshawri now in Bhubaneswar

Peshawri is an award-winning culinary offering of ITC Hotels which ensures authenticity of taste by recreating not just the palate but also the experience for the guests.

February 25, 2022

ITC commissions 14.9MW solar plant in TN

In 2018, ITC became the first private sector entity to wheel renewable energy across states through the Inter-State Open Access mechanism.

December 28, 2021

CII, ITC join hands to provide job opportunity to students after Class XII

“At CII, we intend to address the need of the Indian hospitality industry for skilled, globally benchmarked talent. Hence this partnership with the 127-year-old EHL Group, which is ranked as the best hospitality and leisure management school in the world. We also wanted to partner with stalwarts of Indian hospitality to impart training to the students, and ITC Hotels was the natural choice."

December 8, 2021

ITC adopting disruptive business models as part of strategy reset, says MD

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

August 11, 2021

ITC ties up with Linde India to import cryogenic containers to transport oxygen

The initiative is aimed at easing the bottleneck of transporting medical oxygen, and to support the government's efforts, it added.

April 24, 2021

Delhi East CGST officials arrest man for input tax credit fraud of Rs 38.91 crore, issuance of fake bills of Rs 216.06 crore

Information from analytics tool NETRA (Network Exploration Tool for Revenue Augmentation), was developed by the officers of Central Goods and Service Tax (CGST) Commissionerate, Delhi East to unearth a network of fictitious firms used to generate and pass on fake Input Tax Credit (ITC) of Goods and Service Tax (GST).

March 2, 2021

ITC sets up ‘Young Digital Natives’ Innovators Lab’

With the objective of strengthening its competitive vitality, ITC is scaling up its digital interventions across businesses and value-chains.

February 7, 2021

ITC’s Q2 net profit falls 18% to Rs 3,413 crore

A Bloomberg poll of 15 analysts had predicted quarterly profit at Rs 3,236.70 crore.

November 7, 2020

ITC to acquire spice major Sunrise Foods Pvt Ltd

While the company did not disclose the value of the deal, sources said it is valued around Rs 1,800 crore to Rs 2,000 crore.

May 25, 2020

Sensex ends 140 pts higher, VIX at 4 yr high

Index gains came on the back of banking and financial stocks, while IT, FMCG and Nifty media index ended lower.

May 22, 2019

Sensex, Nifty open lower on weak domestic, global cues

In Asia, all leading bourses witnessed mild to heavy sell-offs on Tuesday after US-China trade war further intensified. In a retaliatory move, China on Monday said it would raise tariffs on US goods worth nearly USD 60 billion.

May 14, 2019

Sanjiv Puri appointed ITC’s new chairman

Puri's new designation is Chairman & Managing Director of the company, said ITC in a regulatory filing.

May 13, 2019

ITC Chairman YC Deveshwar passes away

Deveshwar had received the Padma Bhushan, India's third-highest civilian award, in 2011. He was also ranked the seventh best performing CEO in the world by the Harvard Business Review.

May 11, 2019

Sensex ends 336 points lower led by sell-off in ITC

After a largely choppy trade session for the better part of Wednesday, the Sensex closed 336 points lower owing to the last hour selling in index heavyweight ITC which missed estimates in its quarterly result.

January 23, 2019