The board of directors of ITC Ltd, at a meeting on Monday, appointed Sanjiv Puri -- the current managing director of the FMCG gaint -- as the chairman of the company after the spot got vacated following the demise of Y C Deveshwar, it's longest-serving chairman. Meanwhile, the company reported a profit of Rs 3,482 crore in the fourth quarter, up 19 per cent from Rs 2,933 crore posted in the same period last year.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2JwFo0O
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