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United States

ITC Ltd (ITC.NS)

ITC.NS on National Stock Exchange of India

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Mon, Nov 21 2016

BRIEF-ITC Ltd says Indivate Inc becomes unit of co

* ITC Ltd says subscription of share capital of Indivate Inc by ITC Infotech Source text: [ITC Limited has informed the Exchange that consequent to subscription of the entire share capital of Indivate Inc., USA by ITC Infotech (USA), Inc. on November 18, 2016, Indivate Inc. became a wholly-owned subsidiary of ITC Limited. ITC Infotech (USA), Inc. is a wholly-owned subsidiary of ITC Infotech India Limited which in turn is a wholly-owned subsidiary of ITC Limited] Further company coverage:

BRIEF-ITC says cigarettes business remained subdued in Sept qtr

* Says FMCG-cigarettes segment continues to be impacted due to severe pressure on legal cigarette industry

BRIEF-ITC Sept-qtr profit up about 5 pct

* Sept quarter total income from operations 136.17 billion rupees

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