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When it comes to smoking, women join the pack

May 25, 2013 at 20:12 | Source: DNA India

Sunanda (name changed) lit up her first cigarette at 23. It seemed like the easiest way to unwind at the end of a stressful day at her workplace. Three years on, she is hooked; she now finds she cannot go a whole day without smoking at least five ci...

Brokerages bullish on ITC, analysts give a buy recommendation

May 23, 2013 at 12:15 | Source: Economic Times

MUMBAI: ITC, Asia's second largest tobacco company by market value and one of the heavyweights on the Nifty index with over 9% weightage, is one of the most expensive stocks on Dalal Street, trading at over 37 times its price-to-earnings ratio. The h...

BSE Sensex closes weak; investors shun realty, cap goods

May 22, 2013 at 18:57 | Source: DomainB

Benchmark indices drifted lower Wednesday, as buyers chose to await cues from the US Federal Reserve before deciding on the next course of action. Renewed weakness in the rupee and tepid fourth quarter earnings from engineering major Larsen Toubro w...

Sanjay Dutt's quick shift from Mumbai to Pune brings back memories of 'Operation X'

May 22, 2013 at 11:01 | Source: DNA India

Sanjay Dutt who has been under media glare for almost all his life, mostly because of his underworld connections and involvement in the 1993 blasts case, on Wednesday made a quiet entry to Pune s Yerawada Jail. The actor, who has been convicted for ...

Sanjay Dutt: India Bollywood actor moved to Pune's Yerwada jail

May 22, 2013 at 10:22 | Source: BBC

Bollywood star Sanjay Dutt has been moved to Pune's Yerwada jail where he will finish his sentence for firearms offences linked to blasts which killed 257 people in Mumbai in 1993. The actor gave himself up last week and was initially housed in ...

ITC pips Hindustan Unilever to become India's leading branded food and beverages company

May 22, 2013 at 06:21 | Source: Economic Times

KOLKATA/MUMBAI: ITC has overtaken Hindustan Unilever in branded food and beverages sales a decade after it entered the business, giving a shot in the arm to YC Deveshwar's ambition of making the cigarette maker India's largest FMCG firm. ITC, the ma...

Ireland rejects blame for Apple's low tax rate

May 21, 2013 at 23:30 | Source: FirstPost

CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's (AAPL.O) low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in p...

Technology makes tobacco sales simpler but growers feel lost

May 21, 2013 at 22:27 | Source: The Hindu BusinessLine

Rajahmundry/Hyderabad, May 21: Tobacco farmers, for long, have been mute spectators at auction sites. Price-fixing by cartels has sidelined their role in the trade. But today, they are equipped with technology that combines the power of mobility and...

ITC expands portfolio with India's first couple deodrant Engage

May 21, 2013 at 17:40 | Source: Economic Times

KOLKATA: Consumer goods-to-hotel conglomerate ITC on Tuesday expanded its deodorant portfolio it entered last year by venturing into a new sub-segment -- couple deodorant, under a new brand Engage. ITC officials say Engage is the first range of coupl...

ITC launches deodorants range

May 21, 2013 at 17:05 | Source: Economic Times

KOLKATA: Consumer goods-to-hotel conglomerate ITC on Tuesday expanded its deodorant portfolio it entered last year by venturing into a new sub-segment -- couple deodorant, under a new brand Engage. ITC officials say Engage is the first range of coup...

Coming up next, ITC as India's #2 FMCG player

May 21, 2013 at 08:20 | Source: DNA India

Twelve years after entering the fast-moving consumer goods business, cigarette major ITC has steered it into the black. That s no mean feat, say analysts, because gestation periods are long in the business under normal market conditions and longer g...

Despite curbs, China's vast hot money triangle flourishes

May 20, 2013 at 16:50 | Source: Economic Times

ZHUHAI: In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy trade with mainland Chinese visitors, many of them bound for the gambling h...

Strong cigarette volumes keep ITC shares ticking

May 20, 2013 at 14:00 | Source: NDTV Profit

Shares in ITC, India's biggest cigarette maker, bounced back on Monday after most analysts gave thumbs up to the company's March quarter earnings reported on Friday. ITC makes four out of every five cigarettes sold in India ITC shares...

HSBC downgrades ITC to neutral post Q4 results

May 20, 2013 at 13:17 | Source: Economic Times

NEW DELHI: HSBC has downgraded ITC from 'overweight' to 'neutral' rating but has marginally upped price target from Rs 358 earlier to Rs 365, the brokerage arm of the global bank said in a report. At 10:20 a.m.; ITC was trading 1.1 per cent higher a...

Bigger FMCG footprint best bet for ITC

May 19, 2013 at 04:17 | Source: Economic Times

MUMBAI: ITC's performance in the quarter to March reinforces the fact that while the cigarettes division drives the company's earnings and margins, the other business segments - hotels, paper and agri business - erode margins. The strong performance...

ITC: FMCG turns the corner

May 18, 2013 at 21:36 | Source: The Hindu BusinessLine

May 18, 2013: ITC’s sales were up 21 per cent for the March 2013 quarter while net profits rose 19 per cent. But ITC has been posting such healthy growth in sales and profits for several quarters now. What makes the March 2013 quarter stand ou...

ITC tastes first non-tobacco profit as Q4 net rises 19% to Rs1,928 crore

May 18, 2013 at 21:02 | Source: DomainB

Diversified consumer goods major ITC Ltd has reported a 19.42 per cent increase in its fiscal fourth quarter (January-March 2013) net profit at Rs1,927.98 crore, against a net profit of Rs1,614.36 crore for the quarter ended March 2012. ITC also rep...

BSE Sensex edges lower, Ambuja Cements, Grasim Industries shares jump

May 18, 2013 at 17:37 | Source: Financial Express

India's main index the BSE Sensex was down 0.09 percent while the broader NSE Nifty index fell 0.07 percent as banks get hit by profit-booking after a strong rally this week. Shares in India's cement companies such as Ambuja Cements Ltd and Grasim I...

ITC net up 19.4% on growth in FMCG biz

May 18, 2013 at 16:17 | Source: Financial Express

Net rises to R1,927 crore; non-cigarette FMCG sector attains break-even during the fourth quarter ITC�s net profit for the quarter to March 2013 fiscal grew 19.4% year-on-year to R1,927 crore from R1,614.36 crore during the corresponding period th...

IPL Spot fixing; more matches, teams, players under scanner

May 18, 2013 at 11:16 | Source: Economic Times

NEW DELHI: The stench of the fixing scandal involving three IPL players just got bigger. As Delhi Police special cell officers carried out sustained interrogation of the three Rajasthan Royals players -- S Sreesanth, Ajit Chandila and Ankeet Chavan ...

Android 4.3 with revamped camera interface caught in action
Araceli Roiz was not hired by me, I met her before she joined: Phaneesh Murthy "Araceli Roiz was not hired by me, I met her before she joined: Phaneesh Murthy"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

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May 25 2013, 16:36

Expect Nifty to correct 60-70 points by expiry: Tulsian

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