Both the packages contain similar information and this has triggered a spark among the ITC's officials which forced the company to take legal action against Britannia.
ITC mentioned in the statement that company has appointed Sanjiv Puri, the wholetime director of the company as its chief operating officer with immediate effect.
One of India's favorite brand and makers of Good Day and Bourbon biscuits Britannia, reported a 14% rise in its fourth quarter profit because of higher sales of its biscuits.
Mondelez India Foods has appointed Hemant Rupani as Director of Sales, India. Rupani, heading the sales function for Britannia industries' breads division is now Asia Pacific leadership team of Mondelez.
The Government will continue to pursue its Rs 640-crore class action suit filed in NCDRC against Nestle, even after company's instant noodles Maggi have made a comeback.
Home-grown conglomerate ITC Ltd has recently expressed that the current fiscal will be challenging for its flagship cigarette business due to steep increase in taxation, rising illegal trade and increasing regulatory pressures.
ITC's packaged food business has crossed the billion dollar milestone with sales of Rs 6,411.27 crore, or about $1.01 billion, in the year ended March 2015.
Ever since the Union Budget levied hefty increase in excise duty on cigarettes, ITC's stocks have been hampered affecting its core tobacco business and thus the company is thinking of separating its main business from other businesses.
Retail giant ITC is scouting for more acquisitions to scale up its non-cigarette FMCG business as it expects brand turnover from this segment to increase to Rs 15,000 crore in the next two-three years
Govt has received 72 proposals from various companies including Adani Group, ITC and Future Group for 17 food parks to be approved in the next two-three months, says a PTI report.
Tobacco-to-FMCG conglomerate ITC has replaced Tata group's IT giant TCS as the country's most admired company on a Fortune magazine list, which has got as many as 19 new entrants.
Diversified conglomerate ITC has raised the prices of select cigarette brands like Classic and Gold Flake Kings by up to Rs 10/pack in the wake of hike in excise duty on cigarettes in the Budget.