Articles about ITC Limited

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

03 Jan 2021

India
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.

GST transactions worth over Rs. 1 lakh crore under scanner

07 Dec 2020

Business
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.

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

03 Dec 2020

India
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.

Bingo releases statement after receiving criticism over ad

20 Nov 2020

Entertainment
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.

Political crisis in Madhya Pradesh deepens; Congress, BJP guard leaders

11 Mar 2020

Politics
Political crisis in Madhya Pradesh deepens; Congress, BJP guard leaders

The Congress government in Madhya Pradesh is facing its biggest crisis after 22 legislators, including six ministers, tendered their resignations.

Your daily essentials could get more expensive in 2020

27 Dec 2019

Business
Your daily essentials could get more expensive in 2020

While we look forward to the new year, we're afraid there's already some bad news.

Sensex jumps over 100 points ahead of Budget 2019

01 Feb 2019

Business
Sensex jumps over 100 points ahead of Budget 2019

The Bombay Stock Exchange (BSE) benchmark Sensex today jumped over 100 points ahead of the Budget presentation by acting Finance Minister Piyush Goyal amid heavy buying by foreign portfolio investors.

TN woman held for Rs. 43 crore fake GST invoices

17 Dec 2018

India
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.

Sensex rises over 200 points, Nifty reclaims 10,800 mark

13 Dec 2018

Business
Sensex rises over 200 points, Nifty reclaims 10,800 mark

The equity benchmark BSE Sensex today rose 263.70 points, or 0.74%, to 36,042.77 in early trade, a day after Shaktikanta Das took charge as the new Governor of RBI and promised to take all stakeholders along on key policy issues to maintain growth while keeping inflation under check.

Sensex recovers 600pts ahead of key macro-data, Nifty reclaims 10,400

12 Oct 2018

Business
Sensex recovers 600pts ahead of key macro-data, Nifty reclaims 10,400

The Bombay Stock Exchange (BSE) benchmark Sensex staged a strong comeback by recovering over 600 points in opening trade today following fresh purchases made by domestic investors ahead of key macroeconomic data to be released later in the day, amid fall in global crude prices and rupee recovery.

Reliance becomes 1st Indian company to hit Rs. 8trillion market-cap

23 Aug 2018

Business
Reliance becomes 1st Indian company to hit Rs. 8trillion market-cap

Despite hitting the $100bn market capitalization mark a month earlier, Mukesh Ambani-owned Reliance Industries Ltd. (RIL) has showed no signs of slowing down.

Unpaid Air India pilots threaten to stop flight operations

18 Aug 2018

Business
Unpaid Air India pilots threaten to stop flight operations

A section of Air India pilots have threatened to stop flight operations if the airline fails to clear their overdue flight allowances immediately.

'The Accidental Prime Minister' director arrested on tax fraud charges

03 Aug 2018

Entertainment
'The Accidental Prime Minister' director arrested on tax fraud charges

Vijay Ratnakar Gutte, director of 'The Accidental Prime Minister', was arrested for alleged GST Tax fraud.

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

27 Jul 2018

Business
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.

Sensex hits 37,000 mark for the first time

26 Jul 2018

Business
Sensex hits 37,000 mark for the first time

The BSE Sensex crossed the 37,000-mark for the first time today by jumping 156.42 points, or 0.42%, to 37,014.65 in early trade today, breaching its previous intra-day record of 36,947.18 hit yesterday.

Delhi: Taj Mansingh to go under the hammer again

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.

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

06 Jun 2018

Business
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.

Sensex surges over 146 points in opening trade

07 May 2018

Business
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.

Mumbai: BSE gains over 100 points, Nifty above 10,350

09 Apr 2018

Business
Mumbai: BSE gains over 100 points, Nifty above 10,350

The benchmark BSE Sensex advanced over 100 points in early trade today on sustained buying by domestic institutional investors amid firm Asian cues.

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

08 Apr 2018

India
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.

IIM Shillong completes 100% placement; top package at Rs. 26L

20 Mar 2018

India
IIM Shillong completes 100% placement; top package at Rs. 26L

IIM Shillong has completed 100% placement for its Post Graduate Program in Management (PGPM) for 2017-18 batch.

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

09 Mar 2018

Business
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.

No interim order on tobacco pictorial warning, hearing in January

22 Dec 2017

India
No interim order on tobacco pictorial warning, hearing in January

Several petitions had been filed against the Karnataka HC's recent order quashing mandatory pictorial warnings covering 85% of tobacco packs. It put the compulsory coverage at 40%.

HC: Reduce tobacco graphic warnings size from 85% to 40%

16 Dec 2017

India
HC: Reduce tobacco graphic warnings size from 85% to 40%

On 16th December, Karnataka High Court (HC) quashed the 2014 amendment rules that required graphic health warnings to cover 85% of packaging on tobacco products.

GST on restaurants to reduce, but may not benefit customers

31 Oct 2017

Business
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%.

HDFC m-cap unseats TCS, end of day TCS regains slot

12 Sep 2017

Business
HDFC m-cap unseats TCS, end of day TCS regains slot

HDFC Bank, which was recently recognized as a D-SIB or domestic systemically important bank, for a brief period on September 12, managed to unseat IT bellwether Tata Consultancy Services (TCS) as the country's second most valued firm in terms of market capitalization.

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

07 Sep 2017

Business
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.

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

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.

Bharat 22 ETF gets created for government's disinvestment program

05 Aug 2017

Business
Bharat 22 ETF gets created for government's disinvestment program

Calling it the most significant announcement made this year on the stake divestment program of the NDA government, Union Finance Minister Arun Jaitley said that the center has now created a new ETF named Bharat 22.

Sadhu Ramdev, Seva Patanjali

30 Jul 2017

Business
Sadhu Ramdev, Seva Patanjali

If telecom then Jio, if payments then Paytm, if FMCG then Patanjali - Let me clarify. These are the names of the disruptors.

India seeks explanation from Marlboro cigarettes maker over promotion practices

23 Jul 2017

Business
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.

GST: Govt raises tax on cigarettes to correct anomaly

18 Jul 2017

India
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.

Baba Ramdev enters private security space with 'Parakram Suraksha'

14 Jul 2017

Business
Baba Ramdev enters private security space with 'Parakram Suraksha'

Looks like Baba Ramdev is trying to shift focus from Yoga and Ayurveda.

Qualcomm seeks ban on iPhones, says Apple infringes its patents

08 Jul 2017

Business
Qualcomm seeks ban on iPhones, says Apple infringes its patents

Qualcomm, the world's largest manufacturer of mobile phone chips, has petitioned for the sale of certain iPhones in the US to be banned.

As GST kicks in, you should invest in these stocks

03 Jul 2017

Business
As GST kicks in, you should invest in these stocks

With India's latest tax reform, GST kicking in this month, many industries are faced with uncertainty and confusion.

GST will force budget airlines to hike their fares

13 Jun 2017

Business
GST will force budget airlines to hike their fares

Many Indians prefer air travel as it is faster, more comfortable and, thanks to the presence of several budget airlines, it is quite affordable these days.

Delhi Taj Mansingh takeover battle: The Tata Group v ITC?

22 Apr 2017

India
Delhi Taj Mansingh takeover battle: The Tata Group v ITC?

With the Supreme Court allowing e-auction of Delhi's Taj Mansingh hotel, Tatas and ITC are likely heading for a fierce takeover battle.

Budget fallout - Cigarette prices hiked by ITC

22 Feb 2017

Business
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.

Govt reduces stakes in ITC by 2%

07 Feb 2017

Business
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).

ITC clocks robust sales amidst GST woes

28 Oct 2016

Business
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.