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IFCI gets favourable verdict in sale of assets of Blue Coast Hotels to ITC. In an interview with CNBC-TV18, V Satya Venkat Rao, Executive Director of IFCI spoke about the latest happenings in his company and sector.
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Introduction of confectionery was to utilise the full potential of distribution chain and the deep rural reach, said Amritanshu Khaitan, MD, Eveready India.
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Food major ITC will be pumping in Rs 25,000 crore in coming years to expand its food manufacturing and infrastructure facilities; and a lot of this will be utilised to develop its agricultural capabilities is the word coming in from S Sivakumar, Head-Agri & Tech of ITC.
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In an interview to CNBC-TV18’s Priya Sheth, ITC’s Sanjeev Puri shared his readings and views on goods and services tax (GST).
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In an interview to CNBC-TV18, KK Modi of Godfrey Phillips outlined the impact of goods and services tax (GST) on his company and the industry.
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State-owned insurers like Life Insurance Corporation of India should not be allowed to invest in cigarette makers such as ITC, according to a public interest litigation filed in the Bombay High Court.
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In an interview with CNBC-TV18, S Sivakumar, Group Head-Agriculture & IT Business at ITC spoke about the latest happenings in his company and sector.
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Speaking to CNBC-TV18‘s, Sanjiv Puri, COO of ITC said that the company is looking to diversify into fruits, vegetables and seafood business soon. ITC has launched 25 products this year and may launch another few in last month.
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For the FMCG sector rural demand is yet to pick up and a lackluster volume growth is expected in this space this quarter, says Anand Mour, FMCG Analyst at ICICI Securities.
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The head of ITC's food division VL rajesh has nothing but praise for Patanjali. In an interview with CNBC-TV18 he said he is amazed at how Patanjali has managed to carve a niche for itself in the crowded FMCG market.
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CNBC-TV18's Priya Sheth travelled to Haridwar for the first-ever sneak peek into Patanjali's facility in Haridwar for an exclusive chat with the man at the helm, Acharya Balkrishna, MD, Patanjali Ayurveda.
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Bhiku Bhai Patel, the President of the Gujarat Tobacco Merchants Association, says that even with only 40 percent pictorial warning on the packs, the cigarette consumption never went down as there is no data available to support the government's claim.
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Suresh Narayana, new Managing Director of Nestle India, says there is an urgent need to get Maggi sales back to the same levels.
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Falling crude prices is one of the main reasons for the ONGC divestment getting delayed, Johri said
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As far as ITC is concerned, Nitin Mathur, emerging markets consumer research, Societe Generale says expansion in gross margins has been in-line with expectations. He is building an 8 percent cigarette volume decline for the company in the fourth quarter.
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Kishore Biyani's two daughters Ashni and Avni too have followed their father's footsteps and are genNext entrepreneurs of repute lording over the company's food and fashion verticals. They like the digital space and are burning the midnight oil observing consumer behaviour in this space.
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Cigarettes-to-hotels major ITC is looking to set shop in Sri Lanka within the next 5 years. Besides that, he also said Indian conglomerate will open new hotels in Ahmedabad, Hyderabad, Kolkata, Amritsar, Delhi and Chennai.
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CNBC-TV18's Shereen Bhan asks ITC chairman YC Deveshwar if India Inc can revive economic growth if it advances its investment programme.
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ITC chairman Yogesh Chander Deveshwar clears some air about the increase in stake. In an interview to CNBC-TV18, he said that both EIH and Hotel Leela are treasury operations and it can go up to 25% in both the hotel companies.
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CNBC-TV18’s Latha Venkatesh talks to V Vaidyanathan, Vice Chairman & Managing Director of Future Capital and Ak Purwar, industry expert to get their reaction and talk about the effect of the Draft Guidelines for licensing of new banks in the private sector.
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In an interview with CNBC-TV18, Goutham Reddy, executive director of Ramky Group, spoke about company's performance and the road ahead.
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In his first interview since reappointment as ITC chairman, YC Deveshwar says the succession plan is being considered by the nomination committee.
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On the sideline of the WEF's Annual Meeting at Davos, Baba Kalyani, CMD, Bharat Forge and YC Deveshwar, Chairman, ITC, speak about their key takeaways from Davos.
