ITC Current Affairs, GK & News
Sanjiv Puri appointed ITC’s New Chairman
ITC Group’s present Managing Director (MD) Sanjiv Puri was elevated as new Chairman and Managing Director of company. His appointment comes after noted industry leader and erstwhile ITC Chairman Yogi C. Deveshwar died on 11 May 2019. Background Y C Deveshwar (aged 72) had stepped down from ITC’s executive role in 2017 but remained non-executive ..
Month: Current Affairs - May, 2019
Category: Economy & Banking Current Affairs
Topics: Business • India Tobacco Company • ITC • ITC Hotels • ITC MD • ITC’s New Chairman • Sanjiv Puri • Yogi C. Deveshwar
Y C Deveshwar, noted industry leader and ITC Chairman, passes away
Y C Deveshwar (72), the noted industry leader and ITC Chairman, has passed away in Gurugram on May 11, 2019. He was India’s longest serving CEO and had received the India’s third-highest civilian award ‘Padma Bhushan’ in 2011. Deveshwar took over as chairman of ITC group in 1996 when the company was going through its ..
Topics: BSE SENSEX • CNX Nifty • Companies • Conglomerate • Economy of India • India • ITC • ITC Limited • Reserve Bank of India • Yogesh Chander Deveshwar
GST council reduces Tax rates on Housing
The GST council has decided to slash the tax rate on under-construction residential properties and the affordable housing projects category. Decision of GST council The GST council has reduced the GST rate for under construction from the present 12 per cent to 5 per cent. The GST rate for affordable housing category is now 1 ..
Month: Current Affairs - February, 2019
Topics: Affordable housing • Bangalore • Chennai • Delhi-NCR • GST Council • GST Rates • Hyderabad • input tax credit • ITC • Kolkata • Metro • Mumbai • non-metro
ITC ties up with NITI Aayog to train 2 lakh farmers to increase their income
FMCG major ITC has joined hands with NITI Aayog to train 2 lakh farmers to increase their income and raise productivity of major crops in 25 “aspirational districts” across seven states in the country by 2022. These 25 aspirational districts are in Assam, Bihar, Jharkhand, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh. Key Facts The ..
Month: Current Affairs - April, 2018
Topics: Agriculture • aspirational districts • ITC • NITI Aayog
Indian Railway’s launches Mobile ticketing app for suburban commuters in Mumbai
Indian Railways launched a mobile ticketing application for unreserved tickets for commuters in Western Railway. It was launched by Union Railway Minister Suresh Prabhu. This mobile ticketing service will cover 35 stations between the 123 km long Churchgate -Dhauroad and facilitate a hassle free travel for lakhs of daily passengers in Mumbai. Key facts The ..
Month: Current Affairs - July, 2015
Topics: E-governance • Indian Railways • ITC