ITC has been panned by analysts for burning cash spewed out by its lucrative cigarettes business in the low-margin FMCG and capital-intensive hotels segments. The FMCG segment contributes just under 6 per cent to earnings and has absorbed a major share of the company’s investments in the last several years along with the hotels business. In this episode, BusinessLine's Editor Raghuvir Srinivasan and Abhishek Law speak with ITC's Chairman and Managing Director, Sanjiv Puri, on the company's future and strategies.
Listen in.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.