Friday, Mar 29 2024 | Time 12:22 Hrs(IST)
image
Business Economy


Ruchi Soya & ITC fastest growing consumer companies

New Delhi, Apr 18 (UNI)The global consultancy firm Deolitte Report said Ruchi Soya Industries and Indian Tobacco Company( ITC) are among the world's 50 fastest growing consumer products companies. Ruchi Soya - India's largest manufacturer of edible oil, ranked 22nd, while ITC, the country's biggest cigarette maker ,was 28th on the list. Indore-based Ruchi Soya, which also manufactures soya foods and vanaspati, has a market capitalisation of around Rs 1,500 crore. Koltaka-based ITC is much bigger with a market cap of Rs 2.80 lakh crores,and owns a number of hotels, including ITC Maurya Sherton in the capital. ITC gets 50 per cent of its revenues from cigarette sales. According to Deloitte, the softening of inflation will have a positive impact on growth for consumer-focussed companies. UNI/GS BL1646
More News
India's core sector output rises to three-month high of 6 7 pc in February

India's core sector output rises to three-month high of 6 7 pc in February

28 Mar 2024 | 7:51 PM

New Delhi, Mar 28 (UNI) Driven primarily by coal, cement and crude oil production, India's core sector comprising of eight key infrastructure components grew 6.7% year-on-year in February 2024, as per data released by Ministry of Commerce and Industry on Thursday.

see more..

Honda Motorcycle & Scooter India achieves historic 6 cr domestic sales milestone

28 Mar 2024 | 7:19 PM

Mumbai, Mar 28 (UNI) Honda Motorcycle & Scooter India (HMSI) announced on Thursday that it has accomplished a historic achievement of 6 crore domestic sales in India. Honda ventured into the Indian market with its first two-wheeler, the Activa, in 2001.

see more..

28 Mar 2024 | 5:28 PM

UNI NK AKS.

see more..
Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

28 Mar 2024 | 5:16 PM

Rudrapur, Mar 28 (UNI) From power Back-up solutions to Batteries and Solar applications, Luminous Power Technologies on Thursday announced the launch of its state-of-the-art solar panel manufacturing facility here.

see more..

Kottayam-Kochi Rubber Market rates

28 Mar 2024 | 5:04 PM

Kottayam, Mar 28 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Thursday per quintal.

see more..
image