Consumer goods
Consumer goods articles from Informachine.ITC plans Rs20,000 crore investment in next five years: CMD Sanjiv Puri
29 Jul 2024
Diversified group ITC Ltd is planning to invest Rs20,000 crore across business portfolios with about 35-40 per cent earmarked for FMCG sector, 35 per cent going to paper boards and packaging, and the remaining into other businesses, including corporate, over the next five years.
Govt reopens PLI scheme for white goods to benefit more investors
15 Jul 2024
Government has reopened the application window for the production-linked incentive (PLI) scheme for white goods (ACs and LED lights) in order to allow more investors to benefit from the scheme
Bosch looks to acquire appliance maker Whirlpool report
29 Jun 2024
Robert Bosch, a leading global supplier of products and services in the areas of mobility, industrial technology, consumer goods
Tata Consumer Products to acquire Capital Foods and Organic India for Rs7,000 cr
15 Jan 2024
Tata Consumer Products, the consumer goods arm of the Tata Group has agreed to acquire 100 per cent shares in Capital Foods, and Organic India for a total consideration of Rs7,000 crore.
Hindustan Unilever faces Rs 447.5 crore GST demands and penalties
02 Jan 2024
Leading fast-moving consumer goods (FMCG) manufacturer, Hindustan Unilever Ltd. (HUL), disclosed on Monday, 1 January 2024, that it has been served with Goods and Services Tax (GST) demands and penalties totaling Rs. 447.5 crores by the authorities.
ITC consumer goods revenues up 14% in FY23
14 Dec 2023
Home-grown consumer goods major ITC Ltd reported a 14 per cent increase in revenues from its packaged consumer goods business in the financial year 2022-23, with income from the cigarettes business also growing.
DGGI investigates Godrej's Rs 2,825 crore acquisition of Raymond's consumer goods business
30 Oct 2023
The Directorate General of GST Intelligence (DGGI) is currently investigating a recent deal involving and Godrej.
ITC of India falls short of profit expectations amidst rising competition and costs
20 Oct 2023
ITC has reported a below-expected rise in profits in its second quarter, as reported on Thursday, 19 October, 2023.
ITC Q4 net profit rises 11.8% to Rs4,191 crore as revenue soars
19 May 2022
ITC said its before-tax profit for fiscal 2021-22 grew 15.5 per cent to Rs19,829.53 crore and EBITDA increased by 22 per cent to Rs18,933.66 crore, while gross revenue for the year increased by 22.7 per cent to Rs59,101.09 crore
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