Q1 results preview: FMCG sector may see improving volume and value growth trends amid demand recovery | Mint

Q1 results preview: The fast-moving consumer goods (FMCG) companies are witnessing a gradual recovery in demand after a weak base. These players are expected to see a stable-to-improving growth trajectory in the first quarter of FY25. Within consumer discretionary companies, the cigarettes, alcobev and jewelry segments are expected to see resilience while demand challenges may … Read more

ITC adds 68 employees in the crore club in FY24: How much do the top executives earn? | Mint

ITC, India’s conglomerate company, added 68 more employees, earning more than a crore in FY24, according to their annual report for 2023-24. “There were 350 employees, who were employed throughout the year and were in receipt of remuneration aggregating ‘102 lakh or more or were employed for part of the year and were in receipt … Read more

Recovery in rural markets, improving employment conditions bodes well for near-term consumption: ITC | Mint

Mumbai: The Indian economy is expected to sustain its “high growth” trajectory in the current fiscal, driven by strong momentum in infrastructure investments and a pickup in private consumption, ITC Ltd said. Growth will come on the back of a moderation in inflation, improvement in agricultural trade, a good rabi harvest and a normal monsoon, … Read more