Jagan Mohan Reddy inaugurates ITC’s global spices processing facility in Palnadu district
AMARAVATI: Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Friday inaugurated ITC’s global spices processing facility at the Spices Park at Yedlapadu in Palnadu district. The state-of-the-art Rs 200 crore facility will have a capacity to process 20,400 tonnes of spices like turmeric, chilli and blended spices annually in the first phase. Speaking […]
ITC moves NCLT against Hotel Leelaventure
NEW DELHI: Diverdified group ITC has moved National Company Law Tribunal (NCLT) against Hotel Leelaventure alleging “oppression and mismanagement”. ITC’s current plea was mentioned before the Mumbai bench of the NCLT, which has posted the matter for hearing tomorrow, Hotel Leelaventure said in a regulatory filing. ITC, along with the petition has also filed two […]
ITC sells brand John Players to Reliance Retail
NEW DELHI: Conglomerate ITC Tuesday said it has sold its menswear brand John Players to Reliance Retail for an undisclosed amount. Besides, the Kolkata-based firm has also transferred the trademark as part of the deal. “In line with this ongoing restructuring, ITC has sold the brand John Players and related trademarks and intellectual property, and […]