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The Latest Breaking News from ITC

ITC Q1 Results: Standalone profit falls 27% YoY to Rs 3,579 crore, but revenue grows 28%

ITC's net profit declined twenty-seven percent year-on-year for the first quarter. Revenue from operations, however, saw a significant twenty-eight percent increase during the same period. This financial performance covers the April to June quarter of the fiscal year twenty twenty-seven. The company's standalone net profit stood at rupees three thousand…

The Economic Times

Stocks in news: Maruti Suzuki, ITC, Vedanta, Swiggy, RIL

Indian markets traded in a narrow range, settling marginally higher with mixed cues. Maruti Suzuki, ITC, and Vedanta shares are in focus due to various news developments. Sun Pharma and Bajaj Finserv will announce their first quarter results today. Tata Steel reported a fifteen percent rise in its net profit…

The Economic Times

ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?

ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitability. While the FMCG business is likely to deliver healthy growth, brokerages expect pressure from cigarettes and the agri segment to drag overall revenue, EBITDA and profit.

The Economic Times

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ITC eyes Rs 8 lakh crore FMCG opportunity by 2035, bets on AI and acquisitions

ITC expects its addressable FMCG market to expand to around ₹8 lakh crore by 2035 and aims to strengthen its position through brand building, AI-led consumer insights, omnichannel expansion and strategic acquisitions, Chairman and MD Sanjiv Puri said at the company's AGM.

The Economic Times

IPO-bound Zetwerk faces counterclaims in escalating US trade secret dispute

The ITC complaint, filed on July 16, names Zetwerk Manufacturing Businesses, Zetwerk Manufacturing USA, and subsidiaries Unimacts Global and KRYFS Power Components. It alleges violations relating to imports and US sales of transformers and components, and seeks orders restricting their import, marketing, and sale.

The Economic Times

Stocks in news: Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki

In today's trade, shares of Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki among others will be in focus due to various news developments and first quarter results.

The Economic Times

The Jaypee clue: Adani may be quietly building its next money-spinner

Adani Group is exploring management deals with Accor and ITC Hotels for acquired properties. This move signals a broader hospitality ambition beyond airport-related developments. The company is also partnering with IHG Hotels & Resorts for airport-linked hotels. India's strong hotel market attracts significant interest from large conglomerates. These developments suggest…

The Economic Times

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ITC enters cola wars with B Natural Coconut Cola, bets on healthier fizz

ITC Ltd has launched B Natural Coconut Cola, entering India's competitive beverage market. This new drink combines cola taste with coconut water for refreshment. The company targets the premium, low-sugar segment with this innovation. It contains zero caffeine and zero added sugar, offering a healthier choice. The beverage is now…

The Economic Times

JioBlackRock Flexi Cap Fund exits Vedanta group companies after demerger, sells 8 more stocks

JioBlackRock Flexi Cap Fund exited Vedanta group companies following the demerger of the entities in June, according to monthly portfolio data from ACE MF. The fund sold 8.16 lakh shares each of Vedanta Aluminium Metal, Vedanta Iron and Steel, Vedanta Power, and Vedanta Oil and Gas after the demerged entities…

The Economic Times

Parag Parikh Flexi Cap increased stake in ITC, TCS, HCL Technologies, and 14 other stocks in June

Parag Parikh Flexi Cap Fund increased its holdings in ITC, TCS, HCL Technologies and 14 other stocks in June, while trimming exposure to Dr Reddy’s Laboratories and Maruti Suzuki India. The fund also added Petronet LNG as a new portfolio entrant and made no complete exits during the month.

The Economic Times

Cracks in cola kingdom: India's duopoly faces biggest test in decades

India's cola market is undergoing a significant transformation, moving beyond the traditional Coca-Cola vs. PepsiCo rivalry. Reliance's Campa revival ignited a price war, while ITC's new premium, sugar-free coconut cola signals a shift towards health, premiumization, and niche offerings. This evolving landscape caters to health-conscious consumers seeking alternatives, indicating a…

The Economic Times

Trump's Fertilizer Tariff Retreat Is Another Admission That Tariffs Raise Prices

The White House quietly repealed tariffs on Moroccan fertilizer this week.

Reason

Below-normal monsoon won't derail rural demand, says Nomura's Mihir Shah

Despite fears of a weaker monsoon, Nomura's Mihir Shah anticipates muted impact on rural demand due to healthy reservoir levels and improved irrigation. El Niño's influence is expected to be limited until later in the season, with potential offsetting factors. Urban demand is showing signs of a pickup, narrowing the…

The Economic Times

Two British American Tobacco-linked entities receive Rs 3,896 crore ITC dividend in FY26

British American Tobacco's Indian entities received ₹3,895.74 crore in dividends from ITC in FY26, a slight decrease from the previous year due to reduced holdings. ITC also acquired trademarks from BAT for ₹403.61 crore. Transactions between ITC and BAT group companies, including sales of goods and services, saw an increase,…

The Economic Times

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The Economic Times

ITC Chairman Sanjiv Puri's pay packet shrinks 6.8% to Rs 23.9 crore in FY26

In FY26, Sanjiv Puri, the Chairman and Managing Director of ITC, saw his total compensation decline by 6.8% to Rs 23.91 crore. This reduction was largely driven by lower performance bonuses and long-term incentives, even as his basic salary and perks rose. The remuneration contrast with FY25, which was Rs…

The Economic Times

ITC CMD total remuneration slips 6.8% to Rs 23.91 crore in FY26

ITC Chairman and Managing Director Sanjiv Puri's total pay saw a 6.8% dip to Rs 23.91 crore in FY26, primarily due to lower performance bonuses and long-term incentives. Despite an increase in his basic salary and perquisites, his overall remuneration decreased from Rs 25.66 crore in the previous fiscal. The…

The Economic Times

India well-poised for rapid growth despite risks from West Asia war and El Nino: ITC

Despite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This growth is bolstered by favorable agricultural conditions, significant government infrastructure investments, and a resurgence in both rural and urban demand. While global tensions present risks, India's demographic advantages and ongoing digital…

The Economic Times

ITC charts growth through FMCG, digital farming and fresh foods

ITC Ltd is aggressively pursuing a medium-term growth strategy, aiming to become India's top FMCG player by bolstering core brands and exploring new health and convenience offerings. The company is also scaling its digital agriculture platform, ITCMAARS, to significantly boost farmer incomes and yields. Further expansion is planned for its…

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Barchart

This Tiny AI Memory Stock Is Taking on Samsung, Google, and Nvidia

Netlist stock surged after widening its patent dispute with Samsung and adding several major AI and server companies to a new ITC complaint.

Tom’s Hardware

China's supreme court bans Infineon from selling GaN power chips in China — market-leader Innoscience secures major victory in multi-region patent war

China's Supreme People's Court on Friday upheld an injunction prohibiting Infineon from selling disputed GaN products in mainland China.

Fortune

A quartz countertop tariff could double your kitchen renovation cost — and kill 13 jobs for every one it creates

The ITC just ruled that imported quartz is hurting domestic manufacturers. The cure may be worse than the disease.

Tom’s Hardware

Republican lawmakers urge federal agency to block imports of infringing TSMC chips as patent ruling nears — five asserted U.S. patents come from United Microelectronics Corporation

Four Republican members of Congress have urged the U.S. ITC to block imports of foreign-made chips found to infringe U.S. patents

The Economic Times

Bitcoin trades near $63,600 as sentiment nears 2022 bottom levels. Here is what experts say

Bitcoin hovered near the $63,600 level as technical indicators stayed cautious despite improving sentiment. Major cryptocurrencies posted modest gains, while extreme fear persisted across markets. Analysts pointed to macro uncertainty, ETF outflows and capital rotation into AI-related assets as key themes influencing crypto momentum.

The Economic Times

Parag Parikh Flexi Cap Fund raises stake in ITC, HDFC Bank and 14 other stocks in May

Parag Parikh Flexi Cap Fund, India’s largest active flexi-cap scheme by AUM, raised exposure to ITC, HDFC Bank and 14 other stocks in May, according to PPFAS Mutual Fund’s latest portfolio disclosure. The fund added 4.46 crore ITC shares, taking total holdings to 28.78 crore, while increasing its HDFC Bank…

The Economic Times

Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sector

Aditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players like Ahluwalia Contracts and PSP Projects. He remains constructive on IT despite AI concerns, highlighting TCS and HCL Tech for their dividend yields. Shah also sees value in ITC due to its…

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