CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is appointed as New Chairman of ITC?
A
Sanjiv Puri
B
Vishal Puri
C
Suresh Rajan
D
Vikram Kumar
Explanation: 

Detailed explanation-1: -Sanjiv Puri (60) is the Chairman & Managing Director of ITC Limited.

Detailed explanation-2: -In a wide-ranging interview ITC chairman and managing director, Sanjiv Puri, tells Ishita Ayan Dutt that the company aspires to be India’s largest FMCG company and hopes to expand margins by 100 bps each year.

Detailed explanation-3: -ITC Ltd to introduce millets into most of its packaged food products, says chairman Sanjiv Puri.

Detailed explanation-4: -Limited in 1974. In recognition of the ITC’s multi-business portfolio encompassing a wide range of businesses, the full stops in the Company’s name were removed effective September 18, 2001. The Company now stands rechristened ‘ITC Limited,’ where ‘ITC’ is today no longer an acronym or an initialised form.

Detailed explanation-5: -While the gross remuneration drawn by ITC Chairman & Managing Director Sanjiv Puri in FY22 was up 5.35 per cent to ₹ 12.59 crore, which includes a consolidated salary of ₹ 2.64 crore, perquisites /other benefits of ₹ 49.63 lakh and a performance bonus of ₹ 7.52 crore.

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