ITC Limited: News
ITC Hotels lists at ₹180, 31% below implied price
ITC Hotels made its debut on the National Stock Exchange (NSE) today, with shares listing at a discovery price of ₹180 each.
ITC Hotels to debut on stock exchanges on January 29
Kolkata-based diversified conglomerate ITC Ltd has announced that its recently demerged entity, ITC Hotels, will be listed on the stock exchanges on January 29.
ITC Hotels demerger effective January 1: What shareholders should know
The much-awaited demerger of ITC Hotels will come into effect from tomorrow, January 1.
India's top 6 firms lose ₹1.55 lakh crore in m-cap
Six of India's top 10 most valuable companies witnessed a massive erosion in market valuation last week, to the tune of ₹1.55 lakh crore.
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.
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.
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.
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.
Sensex and Nifty close flat; Nifty Midcap 50 rises 0.4%
On Tuesday, the stock market closed on a flat note.
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.
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.
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.
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
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
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
Popular chips and snacks brand Bingo recently faced heavy backlash after posting an advertisement featuring Bollywood actor Ranveer Singh.
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.
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.
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
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
Market benchmark Sensex surged over 146 points in opening trade today on fresh buying by domestic institutional investors amid a strengthening rupee.
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.
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.
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%.
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
GST may soon affect the prices of bakery items and not in a good way.
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
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.
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%
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
Cigarette maker ITC saw better days as their cigarette business posted solid profits, despite the growing apprehension about GST rates.
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.