ITC
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ITC Infotech buys 22.1% stake in Happiest Minds; shares jump 4%
ITC Infotech, a subsidiary of ITC, acquired a 22.1% stake in Happiest Minds Technologies, causing ITC shares to rally up to 5% while Happiest Minds shares fell as much as 8% on the news. The deal marks a strategic entry into the IT services space for ITC, but investors are reacting negatively to the target company's stock.
ITC shares rise as analysts affirm
Shares of ITC Ltd opened higher on Monday and were trading around ₹288.65 on the NSE, up 2.72 per cent from Friday’s close of ₹281. The stock touched an intraday high of ₹292.55, with over 3 crore shares changing hands by mid-morning, though sell-side pressure remained elevated with nearly 61 per cent of order flow on the sell side. The stock has shed over 30 per cent in the past year and trades well below its 52-week high of ₹427, hit in September 2025.
ITC's agri business doubles revenue in five years
ITC’s agri business is currently India’s largest private-sector agri-enterprise, with revenue doubling over the past five years to nearly ₹20,300 crore. “With over a century of engagement with agriculture, 94 per cent of ITC’s businesses are linked to agri-crops or plantations, generating substantial livelihoods.
ITC Targets ₹8 Lakh Cr FMCG Market by 2035
ITC expects its FMCG market to expand to around Rs 8 lakh crore by 2035 as the conglomerate looks to strengthen its position through a combination of brand-building, digital commerce expansion, and strategic acquisitions, Chairman & Managing Director Sanjiv Puri said on Thursday. Addressing shareholders at the company’s Annual General Meeting (AGM), Puri said the Indian FMCG market was “poised for significant expansion” as the consumer landscape evolves rapidly.
Centre tightens Jan Aushadhi outlet subsidy rules for women
New Delhi: The Centre is set to tighten the rules for women seeking financial assistance to open Jan Aushadhi Kendras, government-backed outlets that sell low-cost generic medicines. Under the proposed terms of the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), from next month, a woman seeking the ₹2 lakh incentive must be a registered pharmacist and run the store in her own name, according to two officials and a document reviewed by Mint.
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For better outcomes, bar on Jan Aushadhi outlet sops raised for women entrepreneurs | Today News
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