58 Case Studies in Business Ethics and Corporate Governance
Over the years, ITC has built its presence in more than one industry; from cigarettes and tobacco to
hotels, packaging, paper and paperboards and international commodities trading. Each industry has its
unique policy of corporate governance and ITC has always tried to maintain unity in spite of the dif-
ferences in corporate governance policy. In this new era, companies are going global which calls for
them to follow the norms of transparency and good governance followed internationally. The governing
policy of ITC, accordingly, is to cater to the challenges of this new business reality.
ITC PVT LTD.
Under the name Imperial Tobacco Company of India Limited, ITC was incorporated on 24 ...