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ITC to manage hotels, expand in South Asia

The entire amount will be invested over the next few years, ITC Chairman Sanjiv Puri said in Kolkata on Tuesday.

12 Jun 2019 2:38 AM

The tribunal had issued notices JM Financial and Hotel Leelaventure to reply within three weeks and file rejoinders in two weeks thereafter.

NCLT asks Sebi to conclude probe into ITC, LIC allegations against Leela

Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.

28 May 2019 7:56 PM

The BSE Sensex ended 0.61 per cent or 228 points higher to close at 37,319, while the Nifty 50 gained 0.66 per cent or 74 points to close at 11,222.

Nifty closes below its intermediate hurdle

In the Nifty 50 basket of shares 34 ended higher while 16 closed lower.

15 May 2019 1:40 AM

Sanjiv Puri appointed ITC Chairman

Puri, who has been Managing Director, will now be Chairman and Managing Director, the company said.

14 May 2019 2:19 AM

ITC on Monday announced elevation of its MD Sanjiv Puri as the Chairman and Managing Director of the company.

ITC Q4 net profit rises 18.72 pc to Rs 3,481.9 crore; Sanjiv Puri is new Chairman

Shares of ITC closed 3.09 per cent down at Rs 288.50 on the BSE.

13 May 2019 4:41 PM

ITC Non-executive Chairman Y C Deveshwar (Photo: File)

ITC Chairman Y C Deveshwar passes away at 72

Deveshwar was appointed on the board of the company in 1984 and took the charge as its CEO in 1996.

11 May 2019 12:23 PM

In the ranking of top 10 firms, RIL remained at the number one place, followed by TCS, HDFC Bank, ITC, Hindustan Unilever Ltd (HUL), HDFC, Infosys, SBI, Kotak Mahindra Bank and ICICI Bank.

Six of top-10 firms lose Rs 42,827 cr in m-cap

The m-cap of Tata Consultancy Services (TCS) slumped Rs 14,146.5 crore to Rs 7,55,636.47 crore.

14 Apr 2019 2:10 PM

The two companies, however, did not disclose the financial details of the deal.

Reliance Industries buys ITC's menswear brand John Players

Acquisition would strengthen RRL’s readymade garments and accessories portfolio in the fashion and lifestyle retail space.

26 Mar 2019 12:37 PM

Now an effective GST rate of 5% will be applicable on the value of a non-affordable under-construction property, and not 18% on two-thirds of its value, as before.

Builders may pass on input tax to buyers

Affordable home prices may be raised by 2-3%.

05 Mar 2019 2:35 AM

Five of the 10 most valued companies in the country together added Rs 31,381.39 crore in market valuation last week, with ITC topping the chart.

Five of top-10 companies add Rs 31,381 crore in market capitalisation

While HUL, ITC, Infosys, Kotak Mahindra Bank and ONGC saw addition in their m-cap for the week ended Friday.

21 Oct 2018 5:41 PM

The Taj Mansingh was given to the Tata group in 1978 on a lease for 33 years, which ended in 2011. The company was since given nine temporary extensions. (Photo: Tajhotels.com)

Tatas defeat ITC in NDMC auction to retain iconic Taj Mansingh Hotel

The lease for the hotel will be granted to the Tata group for 33 years at a license fees of Rs 7.03 crore per month including GST.

28 Sep 2018 7:07 PM

ITC's market cap soared Rs 35,129.72 crore to Rs 3,69,259.15 crore, emerging as the biggest gainer among the top-10 firms.

Seven of 10 most valued cos add Rs 79,929 cr in m-cap; ITC shines

Over the last week, the Sensex recorded a significant rise of 840.48 points, or 2.30 per cent.

29 Jul 2018 10:28 AM

ITC on Friday went past Hindustan Unilever to become the country's fourth most valued firm in terms of market valuation helped by a smart surge in its share price.

ITC becomes India's 4th most valued firm in market capitalisation

TCS is the country's most valued firm with a market cap of Rs 7,43,930.44 crore.

27 Jul 2018 5:49 PM

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC Q4 net profit up 9.8 per cent to Rs 2,933 crore

The board has also recommended a dividend of Rs 5.15 per ordinary share of Re 1 each for 2017-18.

16 May 2018 2:48 PM

On top of the 28 per cent tax, the GST Council, comprising Centre and states, hiked the compensation cess levied on cigarettes.

Higher tax on cigarettes keeps industry under pressure: ITC

Government on July 17 had hiked the limit of cess to be levied on cigarettes.

20 Jan 2018 9:55 AM

India sets world record by cooking 918 kg khichdi

Other leading chefs including Imtiaz Qureshi, Ranveer Brar, Sudhir Sibal, Rakesh Sethi, Akshay Nayyar, Satish Gowda helped in the cooking.

04 Nov 2017 5:42 PM

The ITC stock closed 0.32 per cent up at Rs 269.35 on BSE.

ITC Q2 net up 6 per cent at Rs 2,640 crore, cigarettes hit by high tax

Company's total income during the second quarter of 2017-18 was Rs 10,258.13 crore.

27 Oct 2017 7:32 PM

ITC had a turnover of Rs 55,002 crore in FY 2017.

ITC to go in new areas as part of diversification

ITC is planning to strengthen businesses and value chains to create 10 million sustainable livelihoods by 2030.

11 Sep 2017 5:31 PM

The stock after making a positive opening further gained 2.16 per cent to Rs 294.90 on BSE

ITC shares up over 2 per cent post Q1 results

ITC's net sales during period under review was up 4.29 per cent to Rs 13,722.21 crore as against Rs 13,156.68 crore.

28 Jul 2017 12:16 PM

ITC on Thursday said that higher tax rate under the just introduced GST regime will "exacerbate" the pressure on the entire legal cigarette value chain.

ITC says increase in compensation cess would 'exacerbate' legal sales

The high incidence of taxation on cigarettes was further compounded by increase in taxes announced by the GST Council.

27 Jul 2017 9:16 PM

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Shobhaa De