Sanjiv Puri
ITC, a diversified conglomerate, p͏lans ͏to invest͏ ͏INR 20,000 crore across its͏ bus͏in͏esses in t͏he medium͏ term, a͏s announ͏ced by Chairman and Managing Director Sanjiv Puri during͏ the c͏ompany’s ͏113th ͏ann͏ual general meeti͏ng."Despite ͏the͏ chal͏len͏ges͏,͏ our͏...
The newly formed entity, ITC Hotels, will have a strong debt-free balance sheet which will help it raise capital of its own through equity and debt after the proposed demerger of the hotels business, ITC Ltd...
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BAT to stay off ITC Hotels’ board amid demerger plans
ITC's soon-to-be-demerged hotel business will not include any board representation from its largest shareholder, BAT, as indicated in the company's demerger document sent to...
ITC to expand hospitality footprint overseas, eyes neighbouring markets and Middle East
ITC, a diversified conglomerate, plans to expand its presence in the hospitality sector by venturing into more overseas markets, particularly in neighbouring countries and...
ITC sets sights on major hotel expansion with 50% room inventory boost by 2027
Conglomerate ITC is eyeing a significant 50% jump in room inventory over the next five years.During its institutional investors and financial analysts day on...
ITC plans massive expansion in West Bengal, set to increase hotel presence & add new manufacturing unit
ITC Ltd, a prominent conglomerate, announced plans to increase its hospitality presence in West Bengal from five to nine hotels, according to Chairman and...
ITC to invest INR 1,500 Crore in Madhya Pradesh for food manufacturing and packaging plants
On Sunday, ITC, a diversified conglomerate, announced its plans to allocate approximately INR 1,500 crore for the establishment of an integrated food production and...
ITC collaborates with 45 startups to foster innovation and agility across industries
Sanjiv Puri, the Chairman of ITC, revealed that the conglomerate has joined forces with around 45 startups. This collaboration aims to foster agility and...
ITC bets big on FMCG for growth: Annual consumer spend of INR 29,000 Crore showcases potential
On Friday, ITC Limited, a diversified conglomerate, announced that its FMCG business holds significant growth potential, boasting brands that drive an annual consumer expenditure...
Sanjiv Puri to continue as Chairman and Managing Director of ITC, board recommends five-year extension
According to its annual report for FY23, leading conglomerate ITC has put forth a recommendation to reappoint Sanjiv Puri as Chairman and Managing Director....