Initially, ITC will acquire 43.8% of Ample Foods for Rs 131 crore through primary and secondary purchases that will be completed by March. Another 18.7% will be acquired through secondary purchases ...

New Delhi: ITC Ltd is rapidly premiumizing its portfolio with an eye on aspirational shoppers, as consumer goods makers pivot to the juicier side of the retail market for higher margins.

ITC’s consumer businesses are struggling. Moreover, it has its own frozen meats and seafood brand, ITC Master Chef. It also runs a chain of delivery-first North Indian restaurants called Master ...

According to Jefferies, ITC’s hotel revenue has grown at a 12 percent CAGR from FY19 to FY23. CAGR or compounded annual growth rate is the rate at which revenue increases every year.

ITC’s digital store goes offline as it bets big on e-commerce and d2C The online store, launched during the peak of the Covid-19 pandemic, has now “served its purpose”, says the company ...