[5] Established in 1910 as the Imperial Tobacco Company of India Limited, the company was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. JOHN PLAYERS Brand Ambassador. [16] ITC acquired Carreras Tobacco Company's factory at Kidderpore in 1935 to further strengthen its presence. According to media reports, the deal is estimated to be around Rs 150 crore. So far in 13 years, they have 2000+ outlets and also available on most used online selling sites. JOHN PLAYERS Brand Ambassador. & H.O. Information Technology: ITC operates through its fully owned subsidiary ITC Infotech India Limited. [27], Indian multinational conglomerate company, It may require cleanup to comply with Wikipedia's content policies, particularly, Towards Indianization and business diversification, Learn how and when to remove this template message, "ITC Announces Fourth Quarter and Fiscal Year 2019 Results", "Remade for India: India Tobacco Company's journey from modest to multi-business enterprise", "Brand ITC: Corporate India's Century Old Success Story", "About ITC Ltd | Company information | capitalmarket", "ITC History | ITC Information – The Economic Times", "100 years of ITC: Corporate India's big success story", "Business Studies Project 10 | Companies | Business", https://www.moneycontrol.com/news/business/itc-acquires-sunrise-foods-for-rs-2150-crore-5607211.html/amp, "ITC share price jumps 4% despite missing Q4 profit estimate; here's why investors are buying stock", "ITC Institutional Ownership - ITC LTD. Stock", "Sensex rises 114 points; Nifty settles above 9,100 mark; ITC rallies 7%", "CAPTAINS OF THE ITC HOTEL – uppercrustindia", "ITC inducts Meera Shankar in its board as the first women ever", WHO Framework Convention on Tobacco Control, Protocol to Eliminate Illicit Trade in Tobacco Products, https://en.wikipedia.org/w/index.php?title=ITC_Limited&oldid=984471821, Companies listed on the Bombay Stock Exchange, Conglomerate companies established in 1910, Short description is different from Wikidata, Wikipedia articles with possible conflicts of interest from August 2019, Articles lacking reliable references from March 2020, Articles with unsourced statements from March 2020, Creative Commons Attribution-ShareAlike License, Imperial Tobacco Company of India Limited (1910–1970), Personal care products include perfumes, haircare and skincare categories. ITC Limited is an Indian multinational conglomerate company headquartered in Kolkata, West Bengal. As a responsible manufacturer and distributor, we are pleased to provide a list of our brands. Established in 2002, John Players was a youth fashion apparel brand from ITC. The year 1986 saw vigorous moves from the company with the opening of an Indian restaurant was in the city of New York, acquisition and renaming of Vishvarama Hotels to ITC Hotels Limited, setting up of two new ventures – the ITC Classic Finance Limited and ITC Agro Tech Limited under its umbrella. Besides, the Kolkata-based firm has also transferred the trademark as part of the deal.document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); "In line with this ongoing restructuring, ITC has sold the brand John Players and related trademarks and intellectual property, and the goodwill related thereto, to Reliance Retail Ltd," a spokesperson of ITC said. During the 1960s, technology was given more focus on setting up of cigarette machinery and filter-rod manufacturing facilities aimed at achieving self-sufficiency in cigarette-making. He said a restructuring plan is underway as part of the strategic review of the lifestyle retailing business. A wholly owned information technology subsidiary, ITC Infotech India Limited was also started in 2000 and the ITC Bhadrachalam Paperboards Limited was merged into ITC Limited. ITC also entered into the edible oils industry with the launch of the Sundrop brand of cooking oils in 1988. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed. Limited' in 1974. The company now stands renamed to ITC Limited, where "ITC" today is no longer an acronym or an initialised form. Check Price in India and Shop Online. Read more about ITC sells brand John Players to Reliance Retail on Business Standard. The deal would strengthen the presence of Reliance Retail and its online platform Ajio.com in the growing lifestyle retail space. Launched about 2002, the apparel brand started with men’s shirts and was later extended to jeans, tees and trousers. Imperial Tobacco Canada manufactures and distributes a wide variety of tobacco products and Next Generation Products (NGP). As the company's ownership was progressively Indianised, under Haskar's leadership, the name of the company was changed from "Imperial Tobacco Company of India Limited" to "India Tobacco Company Limited" in 1970. Deveshwar took over as the company's chairman in 1996 and the corporate governance structure was re-crafted to support the effective management of multiple businesses. With the unfolding diversification plans, the name of the company was changed to 'I.T.C. Kindly visit the Manage my subscription page to discover the benefits of this programme. Digital Editor. Limited in 1974. Business Finance, Press Trust of India | Support quality journalism and subscribe to Business Standard. 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. On 27 July 2020, ITC has acquired 100 per cent of the equity share capital of Sunrise Foods in a 2150 crore deal. The company was converted into a Public Limited Company on 27 October 1954. Here are the awards so far for John Players. Consequent to it, Sunrise and its two subsidiaries, Sunrise Sheetgrah Private Ltd and Hobbits International Foods Pvt Ltd, have become wholly owned subsidiaries of ITC, it added. Limited in 1974. "In line with this ongoing restructuring, In 1994, all the hotels under the company were transferred into the listed subsidiary company ITC Hotels Limited. [citation needed] ITC helped to set up indigenous cigarette tissue-paper-making plant in 1946 to significantly reduce the import costs and a factory for printing and packaging was set up at Madras in 1949. 1839 John Player was born in Saffron Walden, Essex. ), Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. ITC chose the hospitality sector for its potential to earn high levels of foreign exchange, create tourism infrastructure and generate large-scale direct and indirect employment. [10] The company completed 100 years in 2010 and as of 2019–20, had an annual turnover of US$10.74 billion and a market capitalisation of US$35 billion. Playing next. ITC's equity shares are listed on Bombay Stock Exchange (BSE), National Stock Exchange of India (NSE) and Calcutta Stock Exchange [20](CSE). ITC is part of 2 major Stock Market Indices of India which are NIFTY of National Stock Exchange (NSE) & Sensex of Bombay Stock Exchange (BSE). ITC Sangeet Research Academy was set up at Calcutta in 1977. The shareholding went over 60% in 1976 and more hotels were started by the company in the following years. Your support through more subscriptions can help us practise the journalism to which we are committed. This business expanded and provided William Wright with a comfortable fortune. The company now stands renamed to ITC Limited, where "ITC" today is no longer an acronym or an initialised form. This page was last edited on 20 October 2020, at 07:44. J N Sapru took over as the company's chairman in 1983 and the international expansion started with the acquisition of Surya Nepal Private Limited in 1985. [6][7][8][9] ITC has a diversified presence across industries such as Cigarettes, FMCG, Hotels, Packaging, Paperboards & Specialty Papers and Agribusiness. 10 years ago | 17 views. [24], ITC's Chairman Y C Deveshwar (d. 2019) won renowned awards and recognition including Padma Bhushan from Govt. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content.
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