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Business  /  Published 25.07.20

Lockdown hurts ITC earnings

Pandemic-induced lockdown roiled the revenue from the cigarette, hotel and paper and paperboard businesses during the first quarter of the fiscal for ITC Ltd that posted a 14.29 per cent dip in total ...
By Our Special Correspondent in Calcutta

Business  /  Published 12.10.18

HUL numbers top forecasts

...
By Our Special Correspondent

Business  /  Published 27.03.20

ITC sets up virus fund

FMCG major ITC on Friday announced setting up of a Rs 150-crore coronavirus contingency fund for vulnerable sections of society.The company said it will collaborate with authorities to provide assista...
By TT Bureau in Calcutta

Business  /  Published 19.03.20

Emami sets buyback price

The board of Emami Ltd has announced a buyback of shares at a price up to Rs 300 apiece and declared an interim dividend of Rs 2 per share.It would spend up to Rs 191.99 crore, which represents 9.94 p...
By Our Special Correspondent in Calcutta

Business  /  Published 06.05.19

Consumption story loses plot

The consumption story has started to flag in India — from housing and autos and now to FMCGs.The fourth-quarter results of the FMCG market leaders indicate a sharp slowdown, with volume growth tumbl...
By Our Special Correspondent in Mumbai

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Culture  /  Published 10.11.18

Vapers fume over advisory banning e-cigarettes

Maneesh Kasera was a smoker for 28 years. Two years ago, he made the first attempt to quit smoking. He tried nicotine gums — a kind of chewing gum that delivers nicotine to the body — for a day or...
By Sonia Sarkar

Business  /  Published 06.12.18

Sanjiv Goenka's Karare challenge to Kurkure

RP-SG Group has set an ambitious target to corner a 10 per cent market share of the western snacks category by the end of 2020, buoyed by launches across segments and taking on market leader Kurkure.T...
By Our Special Correspondent in Calcutta

Business  /  Published 03.12.18

Horlicks to Boost Unilever fortune

Hindustan Unilever (HUL) on Monday made a healthy stride in the country’s food and refreshment segment with its parent Unilever Plc acquiring Horlicks and other brands from GSK Consumer for 3.3 bill...
By Our Special Correspondent in Mumbai

Business  /  Published 24.10.19

ITC reaps tax cut gains

ITC has reported a 37 per cent spike in net profit on a consolidated basis for the quarter ended September 30, 2019, after it realised additional tax benefits from accelerated depreciation arising out...
By Our Special Correspondent in Calcutta

Business  /  Published 31.01.20

HUL profit up 12%

FMCG giant Hindustan Unilever Ltd (HUL) on Friday met estimates when it reported a 12 per cent growth in standalone net profits for the December quarter of 2019.HUL posted a net profit of Rs 1,616 cro...
By Our Special Correspondent in Mumbai


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