ITC

The combined market valuation of seven of the top-10 most valued firms fell by Rs 77,434.98 crore last week, with ITC and HDFC Bank taking the biggest hit, in-line with a muted trend in equities. Last week, the BSE benchmark…

Chairman and managing director of ITC Limited Sanjiv Puri on Thursday said that the proposed demerged hotels business will have a strong balance sheet and also be debt-free. Speaking to analysts over concall, Puri said the…

FMCG giant ITC on Monday announced that it had received in-principle approval from the board of directors to demerge its hotel business. Under the new arrangement, a new entity called ITC Hotels Ltd will be incorporated as a…

Six of the top-10 most valued firms together added Rs 1,19,763.25 crore in market valuation last week, with Reliance Industries Limited and ITC emerging as the major gainers, driven by an overall positive trend in domestic equities.…

Currently, 1.39 lakh businesses are registered under GST, launched 6 years ago on July 1, 2017 (Imaging: Ajay Mohanty) GST officers have busted 304 syndicates involving 9,000 fake GSTINs and input tax credit (ITC) claims of Rs 25,000…

The ITC stock brought cheer to investors on Thursday , touching a new all-time high of Rs 442.50 in intra-day trade. It rose up to 2.09% during the session, before closing with a gain of Rs 7.65 or 1.76% at Rs 441.10 on the BSE. ITC was the…

ITC reported strong strong cigarette volume growth of approximately 12%, slightly below the expected 13%. However, the 3-year/4-year average volume growth of 9.3%/4.3% indicates a strong demand momentum. Additionally, there were no…

Stocks in focus: The SGX Nifty gained 0.1% in trade on Thursday morning, signaling that domestic indices NSE Nifty 50 and BSE Sensex would open on a flat basis. Nifty futures were 18 points higher on the Singaporean exchange at 18,196.…

ITC reported a 21.1 per cent rise in its standalone net profit by 21.1 per cent to Rs 5,086.9 crore in the quarter ended March 31 as compared to Rs 4,190.9 crore in the same quarter in the previous year.  The revenue from…

ITC chairman and managing director Sanjiv Puri on Tuesday said that enterprises need to rework their strategies related to growth and competitiveness, and should focus on sustainability. Delivering the leadership talk at FE’s CFO awards,…