yes
Here is the details of other FMCG cos…
This is not new but the company has delivered stellar performance in the past despite that.
For the conglomerate of this size, salary seems to be in line.
They were pro active and convinced the govt. that astronomical increase in taxes only leads to illicit cigarettes gain volumes and govt. loose out revenue. Its not that govt. thought that we will not increase tax because they want ITC to re rate.
Hotels, Paper, FMCG, Infotech ( except recent slump ) is doing well and margin is expansing, I wonder if its expanding by itself or because of management measures.
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