ITC share gains over 4% to hit 52-week high; to pay Rs 6.25 dividend
May 19, 2022 10:06 ISTITC shares price hit a fresh 52-week high of Rs 279 on the NSE on Thursday. ITC has announced to pay a dividend of Rs 6.25.
ITC shares price hit a fresh 52-week high of Rs 279 on the NSE on Thursday. ITC has announced to pay a dividend of Rs 6.25.
ITC has also proposed to subscribe to 16% of the share capital of Mother Sparsh which plans to scale-up revenues to Rs 300 crore over the five years.
Leading IT companies like TCS, Infosys, Wipro, and HCL Technologies are chalking out plans to recall their employees. But, what will this mean to the employees who are shifting back to the office after working from home for long?
ITC has a strong rebound across operating segments despite operational constraints in the wake of the second Covid wave.
IT services major HCL Technologies on Monday posted a 9.9 percent rise in consolidated net profit to Rs 3,214 crore for the June 2021 quarter, and exuded confidence in logging double-digit constant currency growth in FY22 on the back of a strong deal pipeline.
Under the IBPS Scheme, Andhra Pradesh is the highest in employment generation by creating 12,234 new jobs followed by Tamil Nadu at 9,401 while remaining was spread across Punjab, Odisha, Maharashtra, Jharkhand and Bihar, an official press release said
Welcomhotel Tavleen Chail has 65 well-appointed guest rooms, including 18 cottages and a luxury suite, ITC Hotels said in a statement. This launch follows the inauguration of Welcomhotel Shimla about six months ago
ITC Dividend 2021: ITC Limited has declared a final dividend of Rs 5.75 per share. The company has fixed June 11 as the record date.
ITC Ltd has reported a consolidated net profit of Rs 3,816. 84 crore for the fourth quarter ended March 2021.
ITC's focus on increasing confidence in the FMCG turnaround will be another important catalyst for stock outperformance over the medium term.
After ITC Demerger, there would emerge as many as three companies namely hotels, FMCG and infotech.
ITC board has recommended an interim dividend of Rs 5 per share for FY 2020-21.
About 85 people, including staff members, at ITC Grand Chola in Chennai have tested positive for COVID-19 since December 15 last year to 1 January. Out of the total of 609 samples collected till now, 85 people were found to be Covid-19 positive.
Diversified business entity ITC on Friday said it is considering merger of its three wholly-owned subsidiaries - Sunrise Foods, Hobbits International Foods and Sunrise Sheetgrah - with itself.
The Australian Financial Review (AFR) reports that Accenture CEO Julie Sweet, in an internal staff meeting streamed online in mid-August revealed that 5% of their global workforce can be asked to leave the company.
Equity benchmark indices extended early gains on Tuesday amid heavy buying in auto, metal and IT shares during the afternoon trading.
The Madras High Court has made it clear that laudatory expressions like 'Magic Masala' and 'Magical Masala' cannot be monopolised and use of similar expressions would not amount to passing off under the Trademark Act.
ITC Ltd has entered into a share purchase agreement (SPA) to acquire 100 per cent of the equity share capital of Sunrise Foods Private Limited (SFPL), a company primarily engaged in the business of spices.
Karnataka government on Monday allowed certain industries, IT/ITES companies, call centers, telecommunication to resume operations in Red Zone areas with 33 per cent of their staff strength.
Karnataka Deputy Chief Minister CN Ashwath Narayan on Saturday informed that the IT companies in the state have agreed to close their offices and have also allowed some employees to work from home in the backdrop of the coronavirus pandemic.
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