Puri was appointed as chief executive officer (CEO) in 2017, and as Managing Director in 2018. He also heads ITC's corporate management committee.
Sanjiv Puri, the maiden Chief Operating Officer of consumer giant ITC, is widely regarded as the likely successor to Chief Executive Officer YC Deveshwar. Puri has his task cut out at ITC in case he replaces Deveshwar who steps down next down next February. Here‘s a look at Puri‘s journey at ITC so far.
While the 105th annual general meeting threw no light on succession at the comglomerate, Deveshwar left the company with a plan that should take the FMCG revenues to Rs 1 lakh crore by 2030.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks and sectors.
Yogesh Chander Deveshwar, India's longest-serving, most-recognized and highest-paid CEO, is set to step down from executive role from February 2017, after which he will stay on as Non-Executive Chairman.
ITC was also coming up with a marque hotel next to ITC Sonar which would be christened as ITC Royal Bengal, he said, adding, this property will have 1.5 million square feet and has been designed in such a way so as to attract international attention
Mamata Banerjee was seen hard-selling West Bengal to investors here, promising a business friendly environment and availability of land.
India Inc stressed on the need for greater monetary easing atleast to the extent of 75 basis points and that the rupee must be allowed to depreciate to preserve domestic price competitiveness in global trade
"As a commitment from ITC we assure you that we will be investing Rs 8000 crore in the state of Telangana. We will expand our paper plant capacity and set up a new hotel in Hyderabad," Deveshwar said during the launch of Telangana's new Industrial policy here.
In a bid to realize its long-stated aim of growing its fast-moving consumer goods (FMCG) business from about Rs 8100 crore last year to Rs 1 lakh crore in 15 years, ITC chairman YC Deveshwar said the company is ready to dairy, tea and coffee products, soon after the company forayed into the fast-growing juice market.
Indian Business Icons (IBI) 2015 is a special initiative by CNBC-TV18 for celebrating 15 years of leadership. The endeavour is to form a distinct league of the most powerful business icons. The names are now thrown open to public voting. The icon in focus is YC Deveshwar.
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.
The mood is that awful cliché of 'cautiously optimistic'. Most business leaders I have spoken to thus far are hopeful 2014 will be a year of stable recovery for the global economy. No sharp upmoves but no declines either.
Shares of FMCG major ITC has seen a lot of insider sells in open market. The company‘s top management has been selling a lot of shares in the last one month.
Cigarette to hotels conglomerate ITC Ltd is negotiating for a five-acre plot in the mega food park coming up at Jangipur in Murshidabad district for a food processing unit, an official of the mega food park said today.
CNBC-TV18 presents the sixth edition of the India Business Leader Awards (IBLA) at a glittering ceremony in Mumbai on Friday night. The annual event is an occasion to recognise and award the country's most distinguished business-men and -women who have made a difference.
More and more investors are looking at the India story on a state-wise basis. Picking the right state to invest in, is an integral part of any India investment strategy. That's why this year the cnbc-tv18 India business leader awards introduced a brand new category - the state of the year award.
Exactly 15 days to go for India Business Leader Awards 2012 -- CNBC-TV18's flagship awards for leadership in business and the economy. The winners picked by a jury of seven of the country's best known leaders.
ITC Group, as part of expanding its hotel business, has lined up investments of Rs 25,000 crore over the next five years, a top company official said.
The Centre's decision to allow FDI in multi-brand retail would "revive the sentiment" and bring out the "animal spirits", ITC Group Chairman Y C Deveshwar said.
CNBC-TV18's Shereen Bhan asks ITC chairman YC Deveshwar if India Inc can revive economic growth if it advances its investment programme.
Diversified conglomerate ITC Limited today said it plans to invest about Rs 25,000 crore in the next 5-7 in various projects.
Diversified conglomerate ITC Limited today said it plans to invest about Rs 25,000 crore in the next 5-7 in various projects.
The FMCG business is fast turning into ITC‘s big growth driver. The FMCG segment is even outperforming the cigarettes division says YC Deveshwar, chairman, ITC.
The third AIMA awards felicitated a wide array of corporate leaders who have left a mark with their contributions to the growth of not just their respective companies but also the overall industry.