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Established in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.
ITC Infotech is set to acquire Happiest Minds Technologies, initially buying a 22.1% stake for ₹1,330 Cr, followed by full amalgamation. This strategic move, valuing Happiest Minds at ₹6,167 Cr, aims to create a powerhouse AI-first tech firm targeting US$1 billion revenue by FY28. The deal significantly enhances ITC Infotech's...