Puri said ITC will focus on health and wellness products within the FMCG vertical. He also said the company will attempt to reinforce the existing categories in the FMCG segment.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Which were the five businesses Ratan Tata had great hopes for, but his successor failed to deliver?
Forty years on, ironically, the managerial attention to new businesses has meant almost 40 per cent of revenues now come from the non-tobacco business.
Revenue of the Kolkata-headquartered firm from its cigarettes business climbed 18.76 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The fact that Tamil Nadu Chief Minister J Jayalalithaa approved an expenditure of Rs 29 crore for the World Chess Championship between Viswanathan Anand and Norway's Magnus Carlsen to be held here points to the significance the event has for the state government.
Pradip Burman belongs to one of India's most illustrious business families, one which runs the noted Dabur brand of mostly Ayurveda-based FMCG products.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
The cigarettes segment had a revenue of Rs 4,554.21 crore during the second quarter of the current fiscal, as against Rs 8,528.47 crore in the year-ago period, down 46.56 per cent.
Four years after entering Formula E racing, Mahindra comes out with a racing car designed for the e-racing circuit. Rajesh Karkera/Rediff.com reports.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.
Bollywood superstar Shah Rukh Khan is on cloud 9 after his recent acquisition Trinidad & Tobago Red Steel claimed the Caribbean Premier League T20 title on Sunday.
'Around 15 crore poor people have lost their money.'
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
Ramesh released some fresh documents including one of 1949 which showed that the Dholpur Palace was owned by the Rajasthan government.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
China has invested millions in Sri Lankan infrastructure.
An excerpt from Conde Nast India's Make In India magazine.
EduBridge is emerging as a strong player in training unemployed youth.
'A law firm checked credentials of Karan Ajit Judge and Nouam'
Even Charlton Heston intervened on his behalf.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
Like Nehru, Modi is loathe to touch the public sector. His policy towards Israel leans towards 'non-alignment'. You can find other similarities: frequent public speeches, personalised leadership, total control over foreign and strategic policies, even stylised dressing, says Shekhar Gupta.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
These automotive companies were afraid of competition and made wrong accusations on grounds of safety.
The Ambassador was a durable enough brand to outlive the licence raj.
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
Earlier, The Nitish Kumar government had banned sale and consumption of country and spiced liquor in rural areas from April 1 this year, but had allowed sale of foreign liquor in towns and cities.