Daily Archives: May 12, 2019
Sanjiv Puri, the managing director of the ITC, was chosen by YCD for the role when he decided to split the post of executive chairman in 2016. Following the wish of Deveshwar, the post of the executive chairman was replaced with chairman and chief executive officer from February 5, 2017.
The study cites empirical evidence to show that income as the most important determinant, both in the short and long-run. It calls for a careful appraisal of regulatory reforms and tax arbitrage with efforts to make returns on deposits and capital markets both more market-determined.
A late entrant in FMCG and packaged foods, ITC challenged domestic and multinational companies alike, following a clear vision of its legendary former chairman Yogi C Deveshwar, to quickly scale the non-cigarette businesses of the company. ITC stuck to the classic textbook approach to build the FMCG business, which today boasts of a portfolio of Rs 1,000-crore plus brands, Aashirvaad being the biggest with a turnover of over Rs 4,000 crore.
Lasith Malinga produced an incredible last over to defend nine runs as Mumbai Indians claimed undisputed supremacy in the IPL by securing their fourth title with a narrow one-run win over Chennai Super Kings in a pulsating final. Chennai have now lost to Mumbai for the third time in four finals.
After ending the Indian Premier League 2019 season on a title-winning note, Mumbai Indians all-rounder Hardik Pandya is eager to lift the ICC World Cup 2019 trophy as well. Pandya is the part of the India’s 15-member squad for the quadrennial event, starting May 30 in England and Wales.
After clinching a nerve-wracking one-run victory over Chennai Super Kings in the IPL 2019 final, Mumbai Indians icon Sachin Tendulkar reckoned the dismissal of MS Dhoni in the 13th over played the huge role in MI’s record fourth IPL title.