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ITC Ltd News

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Based on Tuesday's closing price of Rs 404.25 per share, the value of the total ITC shares planned to be sold by BAT is around Rs 17,659.72 crore.
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ITC's net sales during the quarter under review stood at Rs 10,705.75 crore.
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India`s biggest cigarette maker ITC Ltd will soon resume production at its factories, the company said in a statement, two weeks after it decided to shutter its plants over the government`s stringent new packaging rules.
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Diversified Group ITC Ltd and Starwood Hotels and Resorts today extended their existing partnership for 11 ITC Luxury Collection hotels and one hotel under the Sheraton brand
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Software major Tata Consultancy Services (TCS) emerged as the biggest wealth creator in the past five years, while MMTC and Reliance Industries topped the list of companies where investors lost the most, says a study.
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Sanjiv Puri would take charge from P Dhobale, who is a director on the board of ITC and has responsibility for the group's FMCG businesses.
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After Maggi, the Uttar Pradesh Food and Drug Authority (FDA) has found excess lead in Yippee noodles of domestic giant ITC Ltd and will soon file a case.
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ITC Ltd, India`s largest cigarette maker, is in talks with Century Textile and Industries Ltd to buy its paper division in a bid to diversify revenue to non-tobacco businesses, said two sources directly involved in the deal.
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Market regulator SEBI Thursday dismissed allegations of insider trading against an employee of ITC Ltd saying they could not be established.
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Shares of tobacco companies -- ITC and Godfrey Philips India -- fell sharply by as much as 4 percent Wednesday after the government proposed to amend the anti-smoking law and proposed radical changes, including ban on sale of loose cigarettes.






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