ITC Limited: News

30 Jun 2024

Business

ITC hikes salaries for top earners: Crorepati paychecks up 24%

ITC has reported a significant 24.11% rise in the number of employees earning over ₹1 crore annually in the financial year 2023-24, compared to the previous year.

29 Jun 2024

Nestle

ITC overtakes Britannia in India's packaged food market rankings

ITC Limited has surpassed Britannia Industries to become India's second-largest listed packaged foods firm by sales, trailing only behind Nestle, as reported by The Economic Times.

17 Jun 2024

Disney+ Hotstar

Disney+ Hotstar introduces 'Pause ads' in India: How it works

Disney+ Hotstar has unveiled a new advertising feature, 'Pause Ads,' specifically for its Connected TV (CTV) feed.

ITC gets CCI nod for hotel business demerger

The Competition Commission of India (CCI) has given its approval for the demerger of ITC's hotel business into a separate entity.

06 Sep 2023

Consumer Court

ITC fined Rs. 1 lakh for packaging one less biscuit

FMCG giant ITC Limited has been directed to pay Rs. 1 lakh in compensation for selling biscuit packets with one biscuit less than advertised.

25 Jul 2023

Stock Market

Sensex and Nifty close flat; Nifty Midcap 50 rises 0.4%

On Tuesday, the stock market closed on a flat note.

30 May 2023

Nifty

ITC shares reach all-time high ahead of ex-dividend

ITC (Indian Tobacco Company), the cigarette-to-hotels conglomerate, is set to go ex-dividend later today. Ahead of that, the company had a historic day in the market.

18 May 2023

Sensex

Sensex slips nearly 130 points, Nifty settles below 18,150 mark

On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.21% to 61,431.74 points, while the Nifty fell 0.29% to 18,129.95 points.

21 Apr 2023

Stock Market

Sensex closes flat, Nifty retains the 17,600 mark

On Friday, major indices of the stock market ended flat with the Sensex settling at 59,655.06 points and the Nifty closing at 17,624.05 points.

03 Jan 2021

Tamil Nadu

Chennai: Luxury hotel turns COVID-19 hotspot; 85 test positive

At least 85 people have tested positive for COVID-19 at ITC Grand Chola in Chennai, Tamil Nadu, since December 15, 2020, a senior official said Saturday.

07 Dec 2020

GST

GST transactions worth over Rs. 1 lakh crore under scanner

Nearly 13,000 business entities, including some big corporations, allegedly availed of input tax credit (ITC) via fake invoices worth more than Rs. 1 lakh crore, for nearly three years, the Directorate General of Analytics and Risk Management (DGARM) has found.

03 Dec 2020

Padma Bhushan

Dharampal Gulati, face and owner of MDH Spices, passes away

In a tragic piece of news, Dharampal Gulati, the owner of MDH Spices, passed away this morning at the age of 97.

20 Nov 2020

Sushant Singh Rajput

Bingo releases statement after receiving criticism over ad

Popular chips and snacks brand Bingo recently faced heavy backlash after posting an advertisement featuring Bollywood actor Ranveer Singh.

17 Dec 2018

Tamil Nadu

TN woman held for Rs. 43 crore fake GST invoices

A woman director of three companies has been arrested and remanded to judicial custody for alleged receipt and issuance of fake GST invoices, without any actual transaction and availing Rs. 43 crore Input Tax Credit (ITC), a senior official said today.

27 Jul 2018

India

Despite 12% GST-cut, price of sanitary-napkins to drop by 2-3%

Days after sanitary napkins were exempted from GST, companies like Procter & Gamble (P&G) and Johnson & Johnson (J&J) have announced price cuts.

24 Jun 2018

Delhi

Delhi: Taj Mansingh to go under the hammer again

After an unsuccessful first attempt at auctioning Delhi's luxury hotel Taj Mansingh, NDMC has decided to conduct a fresh bid for the property on July 18.

06 Jun 2018

Bharti Airtel

BSE rebounds 69 points; market opens higher ahead of RBI-policy

BSE Sensex rebounded over 69 points in opening trade, breaking its three-day losing run, ahead of RBI's bi-monthly policy meet.

07 May 2018

Bharti Airtel

Sensex surges over 146 points in opening trade

Market benchmark Sensex surged over 146 points in opening trade today on fresh buying by domestic institutional investors amid a strengthening rupee.

08 Apr 2018

Delhi Police

Police asked to conduct fair probe into 23-year-old man's murder

A Delhi court has directed the police to conduct a fair probe into the murder of a man allegedly by his close female friend after his mother complained of laxity in the investigation.

09 Mar 2018

Bharti Airtel

Sensex rebounds 274 points, Nifty above 10,200-mark, seeing opening gains

Snapping their six-day losing streak, stocks staged a strong comeback in early trade today, with BSE Sensex rebounding by 274 points and Nifty recapturing the 10,200-mark on fresh buying by domestic institutional investors.

31 Oct 2017

Himanta Biswa Sarma

GST on restaurants to reduce, but may not benefit customers

A panel of state finance ministers headed by Assam FM Himanta Biswa Sarma had recommended that goods and services tax (GST) on restaurants be reduced from 18% to 12%.

07 Sep 2017

India

ITC files Rs. 1,000 cr defamation suit against IiAS

A Rs. 1,000-crore defamation suit has been filed by ITC against proxy advisory firm IiAS at the Calcutta High Court.

22 Aug 2017

India

Craving baked goods? Prepare to spend 10-15% extra

GST may soon affect the prices of bakery items and not in a good way.

23 Jul 2017

India

India seeks explanation from Marlboro cigarettes maker over promotion practices

A health ministry official said India is planning to seek an explanation from tobacco giant Phillip Morris over its marketing practices.

18 Jul 2017

Indian Government

GST: Govt raises tax on cigarettes to correct anomaly

Due to an anomaly, taxes on cigarettes had dropped in the new GST regime. Manufacturers had the choice to either pass on the benefit to consumers or pocket the margin.

22 Feb 2017

India

Budget fallout - Cigarette prices hiked by ITC

India's largest cigarette maker ITC is all set to increase the price of its leading product range by as much as 13% as a fall out of the excise duty hike proposed in the Budget early this month.

07 Feb 2017

India

Govt reduces stakes in ITC by 2%

The government divested 2 percent of its stake held in FMCG giant ITC through the Specified Undertaking of the Unit Trust of India (SUUTI).

28 Oct 2016

India

ITC clocks robust sales amidst GST woes

Cigarette maker ITC saw better days as their cigarette business posted solid profits, despite the growing apprehension about GST rates.

07 Sep 2016

India

Delhi HC orders Britannia to pack up digestive biscuits

The Delhi High Court ordered Britannia Industries to withdraw from the market its range of NutriChoice Digestive Zero biscuits.