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Hans India
6 days ago
- Business
- Hans India
ITC WOW Recognizes Students and Schools for Contribution Towards Clean India Mission
Reinforcing its commitment to environmental stewardship and resource conservation through sustainable waste management and recycling practices, ITC Limited hosted the Wellbeing Out of Waste (WOW) Interschool Recycling Championship Awards Presentation Event today at The Grand Regent Hotel, Coimbatore. The event was held to recognize and celebrate the exceptional contributions made by students and schools in advancing the cause of the Clean India Mission or Swachh Bharat, through effective waste management during the Championship. The award ceremony was graced by Chief Guest Thiru. Sanket Balwant Waghe, IAS, Additional Collector (Development), Coimbatore of Tamil Nadu State, and Guest of Honours , Mr. Sibsankar Bandyopadhyay ,Executive Vice President – HR & CSR ITC Limited- Paperboards & Specialty Papers Division Mr. V Murali, Unit Head - Mill Operations, ITC Limited - Paperboards & Specialty Papers Division, Unit Kovai and Mr.S.N N Umakanth, Deputy General Manger - WOW, ITC Limited - Paperboards & Specialty Papers Division. The dignitaries presented awards and medals to the deserving students and schools. Speaking at the event, Mr. Sibsankar Bandyopadhyay, Executive Vice President – HR & CSR, Paperboards & Specialty Papers Division, ITC Ltd, said, 'I would like to convey our heartfelt congratulations to the competition winners of the ITC WOW Interschool Recycling Championship and express our gratitude to all participants for their encouraging contribution towards Swachh Bharat. Swachh Bharat is not only about maintaining cleanliness at an individual level but also in public spaces, to create an overall clean and healthy environment. It is heartening to see that our future generation is well aware of this important aspect of our lives and is actively taking the initiative to manage and recycle waste.' The Interschool Recycling Championship (ISRC), ITC WOW's flagship programme is designed to instil the habit of source segregation and responsible waste management among future citizens. Implemented across all major cities in southern India, the programme encourages students and schools to actively participate in waste management practices, thereby fostering a culture of sustainability and environmental responsibility. The 2024-25 edition of the Championship witnessed an overwhelming response with over 85000 students actively participating and collectively contributing approximately 118 metric tons of dry waste for recycling. The Championship also saw 2482 schools from across southern India take part, involving 9.31 lakh students in raising awareness about waste segregation. The programme brought together government and private schools from various boards, including ICSE, CBSE, and SSC, fostering a culture of sustainability among young changemakers. The awards event witnessed a good turnout of around 300 participants and featured cultural performances by students, showcasing their enthusiasm and creativity. A key highlight was the Swachhata Pledge, led by the Chief Guest, where all attendees reaffirmed their commitment to cleanliness and environmental responsibility. Beyond recognizing the winners, the event also served as a platform to encourage continued participation in environmental sustainability initiatives. It helped strengthen the collaboration among various stakeholders, including the community, schools, and government, in promoting responsible waste management practices and driving the message of a cleaner, healthier India. ITC's flagship WOW programme is a collaborative model involving multiple stakeholders that is turning neighbourhoods into clean and healthy environments. Since its inception in 2007, ITC WOW has emerged as one of India's largest awareness programmes on solid waste management. The initiative actively promotes source segregation, maximizes resource recovery and supports sustainable livelihoods for waste handlers. To date, ITC WOW has: · Engaged 29 million citizens across 72 lakh households and 71 lakh students across six states in its mission for responsible waste management. · Benefitted over 17,900 waste collectors and ragpickers. · Recovered 67,100 metric tons of dry recyclable waste annually. In Tamil Nadu State alone, the programme has covered over 6 lakh households across 221 wards, amplifying its impact on responsible waste management. The initiative underscores ITC's commitment to encouraging sustainable practices and fostering a sense of responsibility towards the environment among the younger generation. It is aligned with the broader goal of advancing a circular economy. As a global sustainability leader, ITC has achieved the distinction of being the only company in the world to be solid waste recycling positive for 18 consecutive years and has been plastic neutral since FY2022. Adopting a circular approach and reducing its environmental footprint, ITC aims for 100 percent of its packaging to be reusable, recyclable, or compostable/bio-degradable by 202.
The Hindu
6 days ago
- General
- The Hindu
Coimbatore schools, students recognised for responsible waste management in ITC Limited's WOW inter-school recycling championship
Amrita Vidyalayam, Kalapatti, became the overall champion in ITC Limited's Wellbeing Out of Waste (WOW) inter-school recycling championship held for schools in Coimbatore. According to the organisers, over 9.3 lakh students from 2,482 schools in South India collected 4,751 metric tonnes of dry waste in the 2024-25 edition of the championship, which is aimed to instil the habit of source segregation and responsible waste management among students. A total of 85,642 students belonging to 160 schools collected 118 metric tonnes of segregated dry waste under the initiative in Coimbatore, where it was implemented through Residents Awareness Association of Coimbatore (RAAC). Assistant Collector Prashanth S. presented the awards to the winners. Amrita Vidyalayam, Kalapatti, collected 7,640 kg of segregated dry waste to become the overall champions, followed by MDN Future CBSE Senior Secondary School, Sulur, (4,235 kg), and Nehru International School, T.M. Palayam (2,609 kg) among CBSE schools. Shri Nehru Vidyalaya Matriculation Higher Secondary School, R.S. Puram (3,112 kg), SVGV Matriculation Higher Secondary School, Mettupalayam, (2025.8 kg), and St. Joseph's Matriculation Higher Secondary School, Gopalapuram, (2,014 kg) became the top three among State board schools. Three students each from the CBSE and State board schools were also honoured for their individual performance. Sibsankar Bandyopadhyay, Executive Vice President – HR & CSR ITC Limited- Paperboards & Specialty Papers Division; V. Murali, Unit Head - Mill Operations, ITC Limited - Paperboards & Specialty Papers Division, Unit Kovai; and S.N. Umakanth, Deputy General Manager - WOW, ITC Limited - Paperboards & Specialty Papers Division, were present.
Time of India
15-06-2025
- Business
- Time of India
BAT may begin phased stake sale in ITC Hotels: Sources
British American Tobacco (BAT) is likely to begin a phased sale of its stake in ITC Hotels , following the hospitality company's demerger from ITC Limited earlier this year, sources told ET NOW. The sale could begin in the coming weeks, though the extent of the offloading remains unclear. The move aligns with BAT's earlier stance that it does not intend to be a long-term shareholder in ITC Hotels. The company currently holds a 14.55% stake in the recently demerged entity. The demerger of ITC Hotels from ITC Limited took effect on January 1, 2025, with January 6 set as the record date. Post-demerger, ITC retained a 40% stake in ITC Hotels. Sources said BAT intends to use proceeds from the stake sale to deleverage its balance sheet. The company had made a similar move in May, offloading a 2.5% stake in ITC Limited for approximately $1.4 billion, at Rs 413 per share. BAT CEO Tadeu Marroco had previously confirmed the company's lack of interest in holding onto its ITC Hotels stake, reinforcing expectations of a gradual exit. Live Events Also Read: These 11 Nifty microcap stocks can rally 55-210% in the next 12 months ITC Hotels reported a 19% year-on-year rise in consolidated net profit to Rs 257.85 crore for Q4 FY25, compared to Rs 216 crore a year earlier. Revenue from operations rose to Rs 1,060.62 crore from Rs 1,015.4 crore in the same period. For the full financial year 2024-25, the company posted a consolidated net profit of Rs 637.64 crore and revenue of Rs 3,559.81 crore. Also Read: Swiggy, Radico Khaitan among 7 stocks on which brokerages initiated coverage, see up to 34% upside On Friday (June 13), ITC Hotels shares declined 1.7% to close at Rs 213.9 on the BSE. Also Read: KEI Industries, DCB Bank among 10 small-cap stocks analysts expect to gain up to 75%
Time of India
02-06-2025
- Business
- Time of India
ITC Limited will make its next investment in Andhra Pradesh: Sanjiv Puri
New Delhi: ITC Limited will make its next investment in Andhra Pradesh, said Sanjiv Puri, Managing Director of the company and CII President, during the CII Annual Business Summit 2025 in the national capital. "The next investment we make will be in Andhra Pradesh, and then you will hear about it very soon, Puri said, speaking with Andhra Pradesh Chief Minister Chandrababu Naidu in the concluding session of the industry body's annual business summit. "Chief Minister, it is with that thought in mind about the point you made on performance, we know it from the past. That is what motivated me to say we are going to invest because we have seen how you have transformed in the past, and we are seeing the speed with which Andhra Pradesh is now transforming, and this has all been very encouraging to all of us," said ITC's MD, talking to Naidu. ITC is one of India's foremost private sector companies with presence in Fast Moving Consumer Goods (FMCG), Packaging, Paperboards & Specialty Papers, Agri and IT businesses. The company has been investing heavily in the state across sectors. In the quarter that ended on March 31, the company delivered a resilient performance during the year amidst a challenging macroeconomic and operating environment. For FY25, Gross Revenue and EBITDA from Continuing Operations stood at Rs 73464.55 crores and Rs 24024.83 crores respectively. Profit Before Exceptional items and Tax stood at Rs 26000.86 crores. ITC's FMCG-Others segment delivered a resilient performance amidst weak demand conditions and the significant increase in competitive intensity from regional or local players. As per the company's statement, its businesses continue to leverage the power of digital to drive superior consumer insights & innovation, deepen consumer engagement and enhance brand loyalty. The Company's deep and wide multi-channel distribution network, with tailored channel-specific assortments, continues to sharply target opportunity areas through superior product availability and visibility. Focused investments continue to be made to enhance distribution infrastructure and drive penetration across markets. Addressing the summit, Andhra Pradesh CM invited industry's investments in the state, stating that this is the "right time" to invest in India's development. CM Naidu highlighted the state's strategic roadmap under the Swarna Andhra Vision 2047, focusing on accelerated economic growth, inclusive development, industrial resurgence, and innovation-led transformation.
India Gazette
01-06-2025
- Business
- India Gazette
ITC Limited will make its next investment in Andhra Pradesh: Sanjiv Puri
New Delhi [India], June 1 (ANI): ITC Limited will make its next investment in Andhra Pradesh, said Sanjiv Puri, Managing Director of the company and CII President, during the CII Annual Business Summit 2025 in the national capital. 'The next investment we make will be in Andhra Pradesh, and then you will hear about it very soon, Puri said, speaking with Andhra Pradesh Chief Minister Chandrababu Naidu in the concluding session of the industry body's annual business summit. 'Chief Minister, it is with that thought in mind about the point you made on performance, we know it from the past. That is what motivated me to say we are going to invest because we have seen how you have transformed in the past, and we are seeing the speed with which Andhra Pradesh is now transforming, and this has all been very encouraging to all of us,' said ITC's MD, talking to Naidu. ITC is one of India's foremost private sector companies with presence in Fast Moving Consumer Goods (FMCG), Packaging, Paperboards & Specialty Papers, Agri and IT businesses. The company has been investing heavily in the state across sectors. In the quarter that ended on March 31, the company delivered a resilient performance during the year amidst a challenging macroeconomic and operating environment. For FY25, Gross Revenue and EBITDA from Continuing Operations stood at Rs 73464.55 crores and Rs 24024.83 crores respectively. Profit Before Exceptional items and Tax stood at Rs 26000.86 crores. ITC's FMCG-Others segment delivered a resilient performance amidst weak demand conditions and the significant increase in competitive intensity from regional or local players. As per the company's statement, its businesses continue to leverage the power of digital to drive superior consumer insights & innovation, deepen consumer engagement and enhance brand loyalty. The Company's deep and wide multi-channel distribution network, with tailored channel-specific assortments, continues to sharply target opportunity areas through superior product availability and visibility. Focused investments continue to be made to enhance distribution infrastructure and drive penetration across markets. Addressing the summit, Andhra Pradesh CM invited industry's investments in the state, stating that this is the 'right time' to invest in India's development. CM Naidu highlighted the state's strategic roadmap under the Swarna Andhra Vision 2047, focusing on accelerated economic growth, inclusive development, industrial resurgence, and innovation-led transformation. (ANI)
