ITC Ltd.
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ITC Ltd.
ITC Limited is an Indian conglomerate company headquartered in Kolkata. ITC has a diversified presence across industries such as Fast-moving consumer goods, FMCG, hotels, software, Packaging and labeling, packaging, paperboards, specialty papers and agribusiness. The company has 13 businesses in 5 segments. It exports its products in 90 countries. Its products are available in 6 million retail outlets. As of 2019–20, ITC had an annual turnover of US$10.74 billion and a market capitalisation of US$35 billion. In December 2022, their market cap stood at Rs. 4,22,447.30 crore. It employs 36,500 people at more than 60 locations across India. History Tobacco business and early years "ITC Limited" was originally named "Imperial Tobacco Company of India Limited", succeeding W.D. & H.O. Wills on 24 August 1910 as a British-owned company registered in Kolkata. Since the company was primarily based on agricultural resources, it ventured into partnerships in 1911 with farmers from the ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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