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ITC MSK and CII celebrated Vana Mahotsavam at Wyra Gurukul in Khammam by planting 250 native saplings, highlighting the importance of green cover and community involvement in climate action

ITC has acquired Sresta Natural Bioproducts, owner of 24 Mantra Organic, for Rs 472.5 crore. This move boosts ITC’s presence in the organic food market, offering over 100 products and connecting with 27,500 organic farmers across India

Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE. British American Tobacco (BAT), through its arm Tobacco Manufacturers (India) Ltd, sold the stake in Kolkata-based ITC

Forex analysts noted that the rupee continued to face pressure from rising month-end dollar demand by exporters and banks, while foreign fund inflows remained subdued amid mixed signals from domestic equity markets.

Sresta Natural Bioproducts, which owns the ‘24 Mantra Organic’ brand, was incorporated in March 2004 and has a network of approximately 27,500 farmers and 1.4 lakh acres of certified organic land in 10 States

While the valuation of SBI jumps Rs 36,100.09 crore to Rs 7,32,755.93 crore, ICICI Bank adds Rs 25,775.58 crore to Rs 9,10,686.85 cr

In early trading, the BSE Sensex rose by 292.29 points, or 0.36%, reaching 81,980.74. Meanwhile, the NSE Nifty increased by 54.55 points, or 0.22%, to hit 25,069.15.

In early trade, the 30-share BSE Sensex rose by 287.56 points to 80,724.40, while the NSE Nifty increased by 97.65 points to 24,638.80. The biggest gainers among the 30 Sensex companies were NTPC, Titan, Tata Steel, ITC, Reliance Industries, State Bank of India, Bajaj Finance, and JSW Steel.

If the MSME entrepreneur flourishes, GST collections too will flourish

A total of 362 students landed jobs in 2022-23 academic year, while 721 students got placements during 2021-22.

ITC plantation department head Dr. Jagdish Tamak informed that ITC’s eucalyptus plantations reduced carbon emissions by 50 lakh metric tonnes, contributing to ecological balance.

Tax officials said the company was involved in availing input tax credit (ITC) without actual receipt of goods and also passing it to others without actual supply of goods which is illegal.

PAT grew by 10.3 per cent YoY to Rs 4,927 crore. Earnings Per Share for the quarter stood at Rs 3.96 (previous year Rs 3.61).

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in the negative territory.

In this scenario the Indian market is unlikely to break out to newer highs on a sustained basis and decouple from the rest of the world.

Under the demerger, properties, assets, investments, employees, liabilities and contracts forming part of the hotel business will be transferred along with intellectual property/trademarks exclusively used in the hotel business.

ITC Engage has launched their gender-free fragrance, One Soul, which matches the free soul sensibilities of individuals

As part of its Mission Sunehra Kal (MSK), ITC has developed infrastructure in 92 government schools in Kothagudem to improve learning outcomes

Rama Rao also requested ITC to source raw material from local farmers for its food processing units, especially potato for its Bingo brand of potato chips, and said the State, through agricultural scientists and Rythu Bandhu Samithis would ensure quality raw material.

This industry-academia collaboration was aimed at strengthening ITC’s endeavours in soil and moisture conservation activities.