

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">

<html xmlns="http://www.w3.org/1999/xhtml">
<head id="ctl00_Head1"><link id="ctl00_Link1" href="../../../styles/itc-style.css" rel="stylesheet" type="text/css" /><link id="ctl00_Link2" href="../../../SpryAssets/SpryMenuBarHorizontal.css" rel="stylesheet" type="text/css" /><link id="ctl00_Link3" href="../../../styles/print.css" rel="stylesheet" type="text/css" media="print" />
    <script type="text/javascript" src="/scripts/print.js"></script>
<script language="JavaScript" type="text/javascript"> 

function clipshoshminus1()
{
	document.getElementById("layer1").style.clip="rect(0px,0px,0px,0px)" ;
}
function clipshoshplus1()
{
	document.getElementById("layer1").style.clip="rect(0px,752px,382px,0px)" ;
}
</script><script type="text/javascript">
<!--
    function MM_showHideLayers() { //v9.0
        var i, p, v, obj, args = MM_showHideLayers.arguments;
        for (i = 0; i < (args.length - 2); i += 3)
            with (document) if (getElementById && ((obj = getElementById(args[i])) != null)) {
            v = args[i + 2];
            if (obj.style) { obj = obj.style; v = (v == 'show') ? 'visible' : (v == 'hide') ? 'hidden' : v; }
            obj.visibility = v;
        }
    }
//-->
</script>
<meta name="Keywords" content="Cigarettes, Hotels, Paperboards &amp; Specialty Papers, Packaging, Agri-Business, Packaged Foods &amp; Confectionery, Information Technology, Branded Apparel, Greeting Cards, Safety Matches, FMCG products" /><meta name="Description" content="Latest press release press report from ITC news. ITC has a diversified presence in Cigarettes, Hotels, Paperboards &amp; Specialty Papers, Packaging, Agri-Business, Packaged Foods &amp; Confectionery, Information Technology, Branded Apparel, Greeting Cards, Safety Matches and other FMCG products." /><title>
	Vernacular greeting cards are a big hit
</title></head>
<body>
<script language="JavaScript" type="text/javascript" src="/Scripts/top.js"></script>
<script src="/SpryAssets/SpryMenuBar.js" type="text/javascript"></script>
<script type="text/javascript" src="/scripts/textsizer.js"></script>
<script src="/scripts/AC_RunActiveContent.js" type="text/javascript"></script>

<form name="aspnetForm" method="post" action="PressReport.aspx?id=670&amp;type=C&amp;news=ITC-plans-research-based-services-FMCG-cos" id="aspnetForm">
<input type="hidden" name="__VIEWSTATE" id="__VIEWSTATE" value="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" />

<input type="hidden" name="__EVENTVALIDATION" id="__EVENTVALIDATION" value="/wEWIQLK443vCgK06vSiAQKtx+oTAqOAjPsPArnRsfYGAo7U5MEDAt2sjckHAt2sme4OAt2spbMFAraVl6oCAraVo88KAraVj6YMAraVm8sEAraVp5ALAraVs7UCAraV39kKAraV6/4BAraV94MIAsfs44EKAtm0o/AFAorMyvgBAorM3t8IAorM4oIDAuH10JsEAuH15P4MAuH1yJcKAuH13PoCAuH14KENAuH19IQEAuH1mOgMAuH1rM8HAuH1sLIOAqCyq/wBI8hJtxi8IPzQcMZdCj9viVnHwdU=" />
    <input type="hidden" id="shid" value="" />
    <!--Main holder: START-->
    <div id="main-holder">
        <!--Left Panel holder: START-->
        <div id="left-panel-main">
            <div id="itc-logo"><a href="#pgcontent" title="Go to content"><img src="/images/spacer.gif" width="1" height="1" alt="Go to content" border="0" /></a><a href="/default.aspx"><img id="itc-logo-inside" src="/images/itc-logo-inside.jpg" width="255" height="152" alt="ITC Limited" border="0" /></a><a href="http://www.itcportal.com/centenary/internet/index.html" target="_blank"><img id="itc-title-bg-new" src="/images/itc-title-bg-new.jpg" alt=""/></a></div>
	    <div align="center" style="background:#1d2a9c; padding-top:20px;"><a href="/sustainability/itc-csr-initiative-videos.aspx" target="_blank"><img src="/images/transforming-lives.png" width="230" height="72" alt="" /></a></div>
            <div id="title-area"><table width="100%" border="0" cellspacing="0" cellpadding="0">
                <tr>
                    <td height="100px" valign="top">
					
<script src="/scripts/AC_RunActiveContent.js" type="text/javascript"></script>
<script language="javascript" type="text/javascript">
function searchsite() {
    var theForm = document.forms['aspnetForm'];
    if (!theForm) {
        theForm = document.aspnetForm;
    }
    if (theForm.ctl00$itcSearchPanel$txtSearchKeyword.value.search(/\S/) == -1) {
        alert('Please enter search keyword');
        theForm.ctl00$itcSearchPanel$txtSearchKeyword.focus();
        return false;
    }
    var expKey = /^[a-zA-Z0-9_!,' ]{1,100}$/;
    if (!expKey.test(theForm.ctl00$itcSearchPanel$txtSearchKeyword.value)) {
        alert("Search field will only allow characters, numbers, \'_\', \',\', \'!\', ''' and space");
        theForm.ctl00$itcSearchPanel$txtSearchKeyword.focus();
        return false;
    }
    window.location.href = '/Site-Search.aspx?key='+theForm.ctl00$itcSearchPanel$txtSearchKeyword.value;
    return false;
}
</script>
<script language="javascript" type="text/javascript">
var win = null;
function NewWindow(mypage,myname,w,h,scroll){
LeftPosition = (screen.width) ? (screen.width-w)/2 : 0;
TopPosition = (screen.height) ? (screen.height-h)/2 : 0;
settings =
'height='+h+',width='+w+',top='+TopPosition+',left='+LeftPosition+',scrollbars='+scroll+','
win = window.open(mypage,myname,settings)
}

</script>  
<script language="JavaScript" type="text/javascript"> 
function blank_check()
{
	var add_exact;
 
	add_exact=document.QForm.SearchString_Exact.value;
	add1=add_exact;
 
	if (add1=='')
	{
	window.alert("Please type your search phrase");
	return false;
	}
 
}
//-->
</script> 
<!--<table border="0" align="right" cellpadding="0" cellspacing="0">
<tr id="trSearch">
        <td align="right"><table border="0" cellspacing="0" cellpadding="2">
          <tr>
            <td colspan="3" align="right"><img src="/images/spacer.gif" width="42" height="45" /></td>
          </tr>
          <tr>
            <td align="right"><input name="ctl00$itcSearchPanel$txtSearchKeyword" type="text" maxlength="100" id="ctl00_itcSearchPanel_txtSearchKeyword" onkeypress="javascript:if(navigator.appName.toLowerCase().indexOf('microsoft')>=0){if(window.event.keyCode==13){return searchsite();}}else{if(event.which==13){return searchsite();}}" class="search" /></td>
            <td><input type="submit" name="ctl00$itcSearchPanel$cmdSearch" value="Go" onclick="javascript:return searchsite();" id="ctl00_itcSearchPanel_cmdSearch" class="button" style="cursor:pointer; height:22px;" /></td>
            <td><img src="/images/spacer.gif" width="15" height="15" /></td>
          </tr>
        </table></td>
    </tr>
</table>
<p>&nbsp;</p>
<script language="javascript" type="text/javascript">
    var sPath = window.location.pathname;
    var sPage = sPath.substring(sPath.lastIndexOf('/') + 1);
    if (sPage.toLowerCase() == 'site-search.aspx') {
        document.getElementById('trSearch').style.display = 'none';
    }
</script>-->
					<!--<h1 id="ctl00_h1SectionHead">About ITC</h1>-->
					</td>
                </tr>
            </table></div>
            <div><img id="itc-title-bottom" src="/images/itc-title-bottom.jpg" width="256" height="19" alt="" /></div>
            <div id="right-links-area"><table width="100%" border="0" cellspacing="0" cellpadding="0">
                <tr>
                    <td>
    
<table width="85%" border="0" align="right" cellpadding="4" cellspacing="0">
    <tr>
        <td align="right" class="dotted-border-bottom"><a href="/about-itc/itc-profile/itc-profile.aspx" class="left-link-one">ITC Profile</a><br />
            <a href="/about-itc/itc-profile/history-and-evolution.aspx" class="left-link-two">History and Evolution -</a><br />
            <a href="/about-itc/itc-profile/the-itc-way.aspx" class="left-link-two">The ITC Way -</a>
        </td>
    </tr>
    <tr>
        <td align="right" class="dotted-border-bottom"><a href="/about-itc/itc-leadership/itc-leadership.aspx" class="left-link-one">ITC Leadership</a><br />
            <a href="/about-itc/itc-leadership/board-of-directors.aspx" class="left-link-two">Board of Directors -</a><br />
            <a href="/about-itc/itc-leadership/corporate-management-committee.aspx" class="left-link-two">CMC -</a><br />
            <a href="/about-itc/itc-leadership/divisional-management-committees.aspx" class="left-link-two">DMCs -</a>
        </td>
    </tr>
    <tr>
        <td align="right" class="dotted-border-bottom"><a href="/about-itc/itc-values/vision-and-mission.aspx" class="left-link-one">Our Values</a><br />
            <a href="/about-itc/itc-values/vision-and-mission.aspx" class="left-link-two">Vision and Mission -</a><br />
            <a href="/about-itc/itc-values/core-values.aspx" class="left-link-two">Core Values -</a><br />
            <a href="/about-itc/itc-values/corporate-governance.aspx" class="left-link-two">Corporate Governance -</a><br />
            <a href="/about-itc/itc-values/code-of-conduct.aspx" class="left-link-two">Code of Conduct -</a><br />
            <a href="/about-itc/itc-values/policy-on-human-rights.aspx" class="left-link-two">Policy on Human Rights -</a><br />
            <a href="/about-itc/itc-values/environment-health-safety-policy.aspx" class="left-link-two">ITC's EHS Policy -</a><br />
			<a href="/about-itc/itc-values/itc-it-e-waste-policy.aspx" class="left-link-two">ITC IT E-Waste Policy -</a>
        </td>
    </tr>
    <tr>
        <td align="right" class="dotted-border-bottom"><a href="/about-itc/chairman-speaks/ChairmanSpeaks.aspx" class="left-link-one">Chairman Speaks</a><br /></td>
    </tr>
    <tr>
        <td align="right" class="dotted-border-bottom"><a href="/about-itc/global-honours.aspx" class="left-link-one">Global Honours</a><br /></td>
    </tr>
    <tr>
        <td align="right" class="dotted-border-bottom"><a href="/about-itc/research-and-development.aspx" class="left-link-one">Research &amp; Development</a><br /></td>
    </tr>
    <tr>
        <td align="right" class="dotted-border-bottom"><a href="/about-itc/newsroom/news-highlights.aspx" class="left-link-one">Newsroom</a><br />
            <a href="/about-itc/newsroom/press-releases/PressReleases.aspx" class="left-link-two">Press Releases -</a><br />
            <a href="/about-itc/newsroom/press-reports/PressReports.aspx" class="left-link-two">Press Reports -</a>

        </td>
    </tr>
    <tr>
        <td align="right" class="dotted-border-bottom"><a href="/about-itc/media-kit/index.aspx" class="left-link-one">Media Kit</a></td>
    </tr>
</table>
</td>
                </tr>
                <tr>
                    <td>&nbsp;</td>
                </tr>
                <tr>
                    <td>
<script src="/scripts/AC_RunActiveContent.js" type="text/javascript"></script>
<script language="javascript" type="text/javascript">
function searchsite() {
    var theForm = document.forms['aspnetForm'];
    if (!theForm) {
        theForm = document.aspnetForm;
    }
    if (theForm.ctl00$itcLatestHighlights$txtSearchKeyword.value.search(/\S/) == -1) {
        alert('Please enter search keyword');
        theForm.ctl00$itcLatestHighlights$txtSearchKeyword.focus();
        return false;
    }
    var expKey = /^[a-zA-Z0-9_!,' ]{1,100}$/;
    if (!expKey.test(theForm.ctl00$itcLatestHighlights$txtSearchKeyword.value)) {
        alert("Search field will only allow characters, numbers, \'_\', \',\', \'!\', ''' and space");
        theForm.ctl00$itcLatestHighlights$txtSearchKeyword.focus();
        return false;
    }
    window.location.href = '/Site-Search.aspx?key='+theForm.ctl00$itcLatestHighlights$txtSearchKeyword.value;
    return false;
}
</script>
<script language="javascript" type="text/javascript">
var win = null;
function NewWindow(mypage,myname,w,h,scroll){
LeftPosition = (screen.width) ? (screen.width-w)/2 : 0;
TopPosition = (screen.height) ? (screen.height-h)/2 : 0;
settings =
'height='+h+',width='+w+',top='+TopPosition+',left='+LeftPosition+',scrollbars='+scroll+','
win = window.open(mypage,myname,settings)
}

</script>  
<script language="javaScript" type="text/javascript"> 
function blank_check()
{
	var add_exact;
 
	add_exact=document.QForm.SearchString_Exact.value;
	add1=add_exact;
 
	if (add1=='')
	{
	window.alert("Please type your search phrase");
	return false;
	}
 
}
//-->
</script>
<!--popup script starts -->
<script language="javascript" type="text/javascript">
<!--
function popitup(url) {
	newwindow=window.open(url,'name','height=640,width=360');
	if (window.focus) {newwindow.focus()}
	return false;
}

// -->
</script>
<script language="javascript" type="text/javascript">
<!--
function popitup1(url) {
	newwindow=window.open(url,'name','height=440,width=360');
	if (window.focus) {newwindow.focus()}
	return false;
}

// -->
</script>
<!--popup scripts ends -->
<table border="0" align="right" cellpadding="0" cellspacing="0">
	<tr id="trSearch">
        <td colspan="2" align="right"><table border="0" cellspacing="0" cellpadding="2">
          <tr>
            <td><span class="white-small-text"><b>Site Search</b></span></td>
            <td>&nbsp;</td>
          </tr>
          <tr>
            <td align="right"><input name="ctl00$itcLatestHighlights$txtSearchKeyword" type="text" maxlength="100" id="ctl00_itcLatestHighlights_txtSearchKeyword" onkeypress="javascript:if(navigator.appName.toLowerCase().indexOf('microsoft')>=0){if(window.event.keyCode==13){return searchsite();}}else{if(event.which==13){return searchsite();}}" /></td>
            <td><input type="submit" name="ctl00$itcLatestHighlights$cmdSearch" value="Go" onclick="javascript:return searchsite();" id="ctl00_itcLatestHighlights_cmdSearch" style="cursor:pointer; height:22px;" /></td>
          </tr>
          <tr>
            <td align="center"><img src="/images/spacer.gif" alt="" width="10" height="25" /></td>
            <td>&nbsp;</td>
          </tr>
        </table></td>
    </tr>
    <tr>
        <td align="right"><table width="213" border="0" cellpadding="0" cellspacing="0" style="height:144px;">
            <tr>
                <td><img src="/images/in-latest-news-05.jpg" width="7" height="7" alt="" /></td>
                <td bgcolor="#d3d5e2"><img src="/images/in-latest-news-01.jpg" width="199" height="7" alt="" /></td>
                <td><img src="/images/in-latest-news-07.jpg" width="7" height="7" alt="" /></td>
            </tr>
            <tr>
                <td bgcolor="#ffffff"><img src="/images/spacer.gif" width="7" height="130" alt="" /></td>
                <td align="left" valign="top" style="background:url(/images/in-latest-news-bg.jpg)"><table width="95%" border="0" align="center" cellpadding="2" cellspacing="0">
                  <tr>
                    <td colspan="2" align="left" class="contentheadblue"><b>Latest at ITC</b></td>
                  </tr>
                  <tr>
                    <td colspan="2"><img src="/images/spacer.gif" alt="" width="1" height="3" /></td>
                  </tr>
                  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-releases/PressRelease.aspx?id=1159&amp;type=C&amp;news=Post-Tax-Profits-up-225" class="latest_news"><b>Post-Tax Profits up 22.5%</b></a></span></td>
                  </tr>
                  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1168&amp;type=C&amp;news=india-is-under-indexed-in-the-food-segment" class="latest_news">'India is under-indexed in the food segment'</a></span></td>
                  </tr>
                  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1169&amp;type=C&amp;news=making-money-out-of-environment-positively" class="latest_news">Making money out of environment, positively</a></span></td>
                  </tr>
                  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1160&amp;type=C&amp;news=from-centre-half-to-referee" class="latest_news">From centre-half to referee</a></span></td>
                  </tr>-->
                  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="/sustainability/sustainability-report-2011/index.aspx" target="_blank" class="latest_news">Sustainability Report 2011</a></span></td>
                  </tr>
                  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="/experience-itc/itc-wallpaper-2012/index.aspx" class="latest_news" target="_blank">Calendar Wallpaper 2012</a></span></td>
                  </tr>-->
                  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://www.itcportal.com/about-itc/newsroom/press-releases/PressRelease.aspx?id=1147&amp;type=C&amp;news=government-of-India-honours-ITC-Hotels-with-Best-Employer-National-Award" class="latest_news">'Best Employer' Award to ITC Hotels</a></span></td>
                  </tr>
				  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1149&type=C&news=ITC-crosses-200cr-brand-mark-in-personal-care" class="latest_news">ITC crosses 200cr brand mark in personal care</a></span></td>
                  </tr>-->
                  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://www.itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1146&amp;type=C&amp;news=ITC-readies-model-for-brand-Choupal-evolution" class="latest_news">ITC readies model for brand Choupal evolution</a></span></td>
                  </tr>
				  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="/shareholder/images/Q1-1112.xls" class="latest_news" target="_blank">Unaudited Financial Results for the Quarter ended 30th June, 2011</a></span></td>
                  </tr>-->
				  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-releases/PressRelease.aspx?id=1110&type=C&news=Post-tax-profits-up-by-25%" class="latest_news">Post-Tax Profits up 25%</a></span></td>
                  </tr>-->
				  <!--<tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1142&type=C&news=how-itc-is-working-its-way-down-in-fmcg-markets" class="latest_news">How ITC is working its way down in FMCG markets</a></span></td>
			      </tr>-->
                  <!--<tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-releases/PressRelease.aspx?id=1136&type=C&news=post-tax-profits-up-215%" class="latest_news">Post-Tax Profits up 21.5%</a></span></td>
			      </tr>-->
				  <!--<tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://www.itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1132&amp;type=C&amp;news=itc-ropes-in-corporate-biggies-for-its-wealth-from-waste-initiative" class="latest_news">ITC ropes in corporate biggies for its &lsquo;wealth from waste' initiative</a><a href="http://itcportal.com/about-itc/newsroom/press-releases/PressRelease.aspx?id=1129&amp;type=C&amp;news=ITC-Hotels-adjudged-Peoples-Choice-Most-Trusted-Hotel-Brand" class="latest_news"></a></span></td>
			      </tr>
				  <tr>
				    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><a href="http://itcportal.com/about-itc/newsroom/press-releases/PressRelease.aspx?id=1135&amp;type=C&amp;news=itcs-wow-wealth-out-of-waste-initiative" class="latest_news">ITC's 'WOW' celebrates saving of 25,000 trees</a></td>
			      </tr>
				  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1126&amp;type=C&amp;news=ITC-paper-boards-division-takes-to-agri-forestry-in-a-big-way" class="latest_news">ITC paper boards division takes to agri-forestry in a big way</a></span></td>
			      </tr>
				  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1127&amp;type=C&amp;news=ITC-smells-opportunity-in-the-deo-market" class="latest_news">ITC smells opportunity in the deo market</a></span></td>
			      </tr>
				  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1128&type=C&news=ITC-At-your-doorstep" class="latest_news">ITC: At your doorstep</a></span></td>
			      </tr>
				  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/ReturnViewImage.aspx?fileid=187" target="_blank" class="latest_news">10 Years of Fun</a></span></td>
			      </tr>
				  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1122&type=C&news=Green-lantern-of-hospitality" class="latest_news">Green lantern of hospitality</a></span></td>
			      </tr>
				  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://www.itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1121&type=C&news=ITC-link-CSR-biz" class="latest_news">With forestry, ITC has linked CSR to biz</a></span></td>
			      </tr>
                  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1119&type=C&news=Hotels-cash-in-on-green-tips" class="latest_news">Hotels cash in on green tips</a></span></td>
			      </tr>
                  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1120&type=C&news=ITC-to-take-Fresh-pop-up-stores-to-32-new-locations" class="latest_news">ITC to take Fresh pop-up stores to 32 new locations</a></span></td>
                  </tr>
				  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1118&amp;type=C&amp;news=Instant-success-in-noodles" class="latest_news">Instant success in noodles?</a></span></td>
				  </tr>
                  <tr>
                  <td>&nbsp;</td>
              	  <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="/about-itc/chairman-speaks/AGM_master11.aspx?inpage=agm11-mp-250" onclick="return popitup('/about-itc/chairman-speaks/AGM_master11.aspx?inpage=agm11-mp-100')" class="latest_news">Webcast of Chairman's AGM speech</a></span></td>
                  </tr>
                  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-releases/PressRelease.aspx?id=1110&type=C&news=Post-tax-profits-up-by-25%" class="latest_news">Post-Tax Profits up 25%</a></span></td>
			      </tr>
                  <tr>
                    <td>&nbsp;</td>
				    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1102&type=C&news=Land-is-the-biggest-constraint-to-growth" class="latest_news">Nakul Anand on ITC's Hotels Business</a></span></td>
			      </tr>-->
				  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1097&type=C&news=ITC-to-develop-12000-ha-of-plantations" class="latest_news">ITC to develop 12,000 ha of plantations</a></span></td>
                  </tr>-->
                  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-releases/PressRelease.aspx?id=1096&amp;type=C&amp;news=ITC-celebrates-the-1st-Anniversary-of-National-Recycling-Day" class="latest_news">ITC celebrates the 1st Anniversary of 'National Recycling Day'</a></span></td>
                  </tr>-->
                  <!--tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=1095&type=C&news=Ramky-ITC-plan-Rs-450-cr-waste-management-complex" class="latest_news">Ramky, ITC plan Rs 450-cr waste management complex</a></span></td>
                  </tr>-->	
                  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="http://itcportal.com/shareholder/annual-reports/itc-annual-report-2011/content.aspx" class="latest_news" target=_blank><strong>Report and Accounts 2011</strong></a></span></td>
                  </tr>
                  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="/about-itc/newsroom/press-reports/PressReport.aspx?id=1073&type=C&news=ITC-Royal-Gardenia-Green-Hospitality" class="latest_news">ITC Royal Gardenia - Green Hospitality</a></span></td>
                  </tr>-->
                  <!--tr>
                    <td class="green-more">&#187;</td>
                    <td class="small-red-text"><strong>July 23, 2010</strong></td>
                  </tr-->
				  <!--<tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text" style="border-bottom:1px #c4c4c4 dotted;"><span class="latest_news"><a href="/about-itc/chairman-speaks/AGM_master10.aspx?inpage=agm10-mp-56" onClick="NewWindow(this.href,'name','370','530','yes');return false" class="latest_news">Webcast of<br />
                    Chairman's AGM Speech</a></span></td>
                  </tr>
                  <tr>
                    <td>&nbsp;</td>
                    <td class="small-black-text"  style="border-bottom:1px #c4c4c4 dotted;" ><span class="latest_news"><a href="/about-itc/chairman-speaks/presscon-july10_master.aspx?inpage=presscon10-mp-video56" onClick="NewWindow(this.href,'name','338','450','yes');return false" class="latest_news">Webcast of Chairman's
Press Conference</a></span></td>
                  </tr>-->
              </table></td>
              <td bgcolor="#d3d5e2"><img src="/images/in-latest-news-06.jpg" width="7" height="130" alt="" /></td>
            </tr>
            <tr>
                <td><img src="/images/in-latest-news-04.jpg" width="7" height="7" alt="" /></td>
                <td bgcolor="#ffffff"><img src="/images/in-latest-news-02.jpg" width="199" height="7" alt="" /></td>
                <td><img src="/images/in-latest-news-03.jpg" width="7" height="7" alt="" /></td>
            </tr>
        </table></td>
    </tr>
</table>
<p>&nbsp;</p>
<script language="javascript" type="text/javascript">
    var sPath = window.location.pathname;
    var sPage = sPath.substring(sPath.lastIndexOf('/') + 1);
    if (sPage.toLowerCase() == 'site-search.aspx') {
        document.getElementById('trSearch').style.display = 'none';
    }
</script>
<!-- last updated on 02.02.2012 for latest highlights by UM -->
</td>
                </tr>
                <!--<tr>
                    <td>&nbsp;</td>
                </tr>
                <tr>
                    <td>
<script language="javascript" type="text/javascript">
function openwindow(htmlfile) {
    window.open(htmlfile, "", "toolbars=no,directory=no,scrolling=yes,scrollbars=yes,resizable=no,border=0,width=796,height=500,left=0,top=0");
}
</script>
<table width="100%" border="0" cellspacing="0" cellpadding="3">

    <tr>
        <td align="right" colspan="2"><a href="/experience-itc/index.aspx" class="left-link-one">Experience ITC</a></td>
    </tr>

    <tr>
        <td align="right"><a href="/terms-of-use.aspx" class="left-link-two">Terms of Use</a></td>
        <td align="center" valign="middle"><img src="/images/red-arrow.gif" width="5" height="14"></td>
    </tr>
    <tr>
        <td align="right"><a href="/privacy-policy.aspx" class="left-link-two">Privacy Policy</a></td>
        <td align="center" valign="middle"><img src="/images/red-arrow.gif" width="5" height="14"></td>
    </tr>
    <tr>
        <td align="right"><a href="/insider-trading-caution.aspx" class="left-link-two">Insider Trading - Caution</a></td>
        <td align="center" valign="middle"><img src="/images/red-arrow.gif" width="5" height="14"></td>
    </tr>
    <tr>
        <td align="right"><a href="javascript:openwindow('/itcnewsticker/UserRegistration.aspx');" class="left-link-two">Subscribe to Updates</a></td>
        <td align="center" valign="middle"><img src="/images/red-arrow.gif" width="5" height="14"></td>
    </tr>
    <tr>
        <td align="right"><a href="/sitemap.aspx" class="left-link-two">Sitemap</a></td>
        <td align="center" valign="middle"><img src="/images/red-arrow.gif" width="5" height="14"></td>
    </tr>
    <tr>
        <td align="right">&nbsp;</td>
        <td align="center" valign="middle">&nbsp;</td>
    </tr>
</table>
</td>
                </tr>
                <tr>
                    <td>&nbsp;</td>
                </tr>-->
            </table></div>
        </div>
        <!--Left Panel holder: END-->

        <!--Right Panel holder: START-->
        <div id="right-panel-main">
            <div id="top-link-panel">
<script language="javaScript" type="text/javascript"> 
//function newwindow_share()
//{
// window.open("chartpopup.aspx","","toolbars=no,directory=no,scrolling=yes,scrollbars=yes,scrollbars=yes,resizable=yes, border=0, width=660,height=550,left=100,top=30" );
//}
function newwindow_last10()
{
 window.open("/shareholder/financial-highlights-1.aspx","","toolbars=no,directory=no,scrolling=yes,scrollbars=yes,scrollbars=yes,resizable=yes, border=0, width=800,height=600,left=100,top=30" );
}
</script>

<div style="width:747px;" align="center"  >
    <ul id="MenuBar1" class="MenuBarHorizontal">
        <li style="width:110px;" ><a href="/about-itc/itc-profile/itc-profile.aspx" title="About ITC" class="MenuBarItemSubmenu" style="padding:0px; line-height:51px; text-align:center; height:51px; font-weight:bold;" >About ITC</a>
            <ul style="margin-left:0px; width:749px">
                <li style="width:185px;"><table style="width:749px; height:274px; border:none; background:URL(/images/dd-about-bg.jpg);" cellpadding="10" cellspacing="3">
      <tr>
                        <td width="183" valign="top" ><table width="100%" border="0" cellspacing="0" cellpadding="0">
                          <tr>
                            <td><a href="/about-itc/itc-profile/itc-profile.aspx" class="link-level-1">ITC Profile</a></td>
                          </tr>
                          <tr>
                            <td valign="middle"><a href="/about-itc/itc-profile/history-and-evolution.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> History and Evolution</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-profile/the-itc-way.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> The ITC Way</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-leadership/itc-leadership.aspx" class="link-level-1">ITC Leadership</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-leadership/board-of-directors.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Board of Directors</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-leadership/corporate-management-committee.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> CMC</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-leadership/divisional-management-committees.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> DMCs</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/global-honours.aspx" class="link-level-1">Global Honours</a></td>
                          </tr>
                        </table></td>
              <td valign="top" style="border-right:1px dotted #003399;" width="6"><img src="/images/spacer.gif" width="5" height="1" alt="" /></td>
      <td width="215" valign="top" ><table width="100%" border="0" cellspacing="0" cellpadding="0">
                          <tr>
                            <td><a href="/about-itc/itc-values/vision-and-mission.aspx" class="link-level-1">Our Values</a></td>
                          </tr>
                          <tr>
                            <td valign="middle"><a href="/about-itc/itc-values/vision-and-mission.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Vision &amp; Mission</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-values/core-values.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Core Values</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-values/corporate-governance.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Corporate Governance</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-values/code-of-conduct.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Code of Conduct</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-values/policy-on-human-rights.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Policy on Human Rights</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-values/environment-health-safety-policy.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> ITC's EHS Policy</a></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/itc-values/itc-it-e-waste-policy.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> ITC IT E-Waste Policy</a></td>
                          </tr>
                          <tr>
                            <td><img src="/images/spacer.gif" width="3" height="8" alt=""/></td>
                          </tr>
                          <tr>
                            <td><a href="/about-itc/research-and-development.aspx" class="link-level-1">Research and Development</a></td>
                          </tr>
              </table></td>
              <td width="6" valign="top" style="border-right:1px dotted #003399;"  >&nbsp;</td>
                        <td width="219" valign="top" >
                        	
                            <table width="100%" border="0" cellspacing="0" cellpadding="0">
                              <tr>
                                <td><a href="/about-itc/chairman-speaks/ChairmanSpeaks.aspx" class="link-level-1">Chairman Speaks</a></td>
                              </tr>
                              <tr>
                                <td valign="middle"><table width="100%" border="0" cellspacing="0" cellpadding="0">
                                  <tr>
                                    <td width="37%" rowspan="3" align="center"><img src="/images/dd-chairmans.jpg" width="62" height="62" title="Y.C. Deveshwar: ITC Chairman" alt="Y.C. Deveshwar: ITC Chairman" /></td>
                                    <td width="63%"><a href="/about-itc/chairman-speaks/ChairmanSpeaks.aspx" class="link-level-2">AGM Speeches</a></td>
                                  </tr>
                                  <tr>
                                    <td><a href="/about-itc/chairman-speaks/ChairmanSpeak.aspx?id=1111&amp;type=B&amp;news=chairman-2011" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> 2011</a></td>
                                  </tr>
                                  <tr>
                                    <td><a href="/about-itc/chairman-speaks/ChairmanSpeak.aspx?id=101&amp;type=B&amp;news=chairman-2010" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> 2010</a></td>
                                  </tr>
                                  </table></td>
                              </tr>
                              <tr>
                                <td>&nbsp;</td>
                              </tr>
                              <tr>
                                <td><a href="/about-itc/newsroom/news-highlights.aspx" class="link-level-1">Newsroom</a>                                </td>
                              </tr>
                              <tr>
                                <td><table width="100%" border="0" cellspacing="0" cellpadding="0">
                                  <tr>
                                    <td width="37%" rowspan="3" align="center"><img src="/images/dd-newsroom.jpg" width="62" height="62" alt="" /></td>
                                    <td width="63%"><a href="/about-itc/newsroom/press-releases/PressReleases.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Press Releases</a></td>
                                  </tr>
                                  <tr>
                                    <td><a href="/about-itc/newsroom/press-reports/PressReports.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Press Reports</a></td>
                                  </tr>
                                  <tr>
                                    <td><a href="/about-itc/media-kit/index.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> <b>Media Kit</b></a></td>
                                  </tr>
                                </table></td>
                              </tr>
                            </table>                            </td>
                  </tr>
                </table></li>
            </ul>
        </li>
        <li style="width:185px; background-image:url(''/images/menu-divider.jpg); background-repeat:no-repeat "><a href="/sustainability/sustainability.aspx" title="Sustainability in Action" class="MenuBarItemSubmenu" style="padding:0px; line-height:51px; text-align:center; height:51px; font-weight:bold;" >Sustainability in Action</a>
        <ul style="margin-left:-110px; width:751px">
        <li>
          <table width="751" border="0" cellpadding="0" cellspacing="0" style="background:URL(/images/dd-sust-bg.jpg); height:165;">
            <tr>
              <td valign="middle" align="center" width="122" ><table width="100%" border="0" cellspacing="0" cellpadding="10">
                  <tr>
                    <td align="center" valign="top"><a href="/itc-business/index.aspx" class="styleless"><img src="/images/dd-sust-01.jpg" width="62" height="62" border="0" alt="" /></a></td>
                  </tr>
                  <tr>
                    <td align="center"><a href="/itc-business/index.aspx" class="link-level-3"><strong>Leadership in Business</strong></a> </td>
                  </tr>
              </table></td>
              <td valign="middle" style="border-right:1px dotted #003399;" ><img src="/images/spacer.gif" width="2" height="1" alt="" /></td>
              <td valign="middle" align="center" width="122"><table width="100%" border="0" cellspacing="0" cellpadding="10">
                  <tr>
                    <td width="122" align="center"><a href="/sustainability/environmental-stewardship.aspx" class="styleless"><img src="/images/dd-sust-02.jpg" width="62" height="62" border="0" alt="" /></a></td>
                  </tr>
                  <tr>
                    <td width="122" align="center"><a href="/sustainability/environmental-stewardship.aspx" class="link-level-3"><strong>Environmental Stewardship</strong></a></td>
                  </tr>
              </table></td>
              <td valign="top" style="border-right:1px dotted #003399;" ><img src="/images/spacer.gif" width="2" height="1" alt="" /></td>
              <td valign="middle"  align="center" width="122" ><table width="100%" border="0" cellspacing="0" cellpadding="10">
                  <tr>
                    <td align="center" valign="top"><a class="styleless" href="/sustainability/lets-put-india-first/default.aspx"  target="_blank" ><img src="/images/dd-sust-03.jpg" width="62" height="62" border="0" alt="" /></a></td>
                  </tr>
                  <tr>
                    <td align="center"><a href="/sustainability/lets-put-india-first/default.aspx"  target="_blank" class="link-level-3"><strong>Social Responsibility</strong></a></td>
                  </tr>
              </table></td>
              <td valign="top" style="border-right:1px dotted #003399;" ><img src="/images/spacer.gif" width="2" height="1" alt="" /></td>
              <td valign="middle"  align="center" width="122" ><table width="100%" border="0" cellspacing="0" cellpadding="10">
                  <tr>
                    <td width="110" align="center"><a href="/itc-business/agri-business/e-choupal.aspx" class="styleless"><img src="/images/dd-sust-04.jpg" width="62" height="62" border="0" alt="" /></a></td>
                  </tr>
                  <tr>
                    <td width="110" align="center"><a href="/itc-business/agri-business/e-choupal.aspx" class="link-level-3"><strong>e-Choupal</strong></a></td>
                  </tr>
              </table></td>
              <td valign="top" style="border-right:1px dotted #003399;" ><img src="/images/spacer.gif" width="2" height="1" alt="" /></td>
              <td valign="middle" align="center" width="122" ><table width="100%" border="0" cellspacing="0" cellpadding="10">
                  <tr>
                    <td align="center"><a href="/sustainability/sustainability-report-2011/index.aspx" target="_blank" class="styleless"><img src="/images/dd-sust-06.jpg" width="62" height="62" border="0" alt="" /></a></td>
                  </tr>
                  <tr>
                    <td align="center"><a href="/sustainability/sustainability-report-2011/index.aspx" target="_blank" class="link-level-3"> <strong>Sustainability Reporting</strong></a></td>
                  </tr>
              </table></td>
              <td valign="top" style="border-right:1px dotted #003399;" ><img src="/images/spacer.gif" width="2" height="1" alt="" /></td>
              <td valign="middle"  align="center" width="122" ><table width="100%" border="0" cellspacing="0" cellpadding="10">
                  <tr>
                    <td align="center"><a href="/sustainability/sustainability-of-traditions.aspx" class="styleless"><img src="/images/dd-sust-05.jpg" width="62" height="62" alt="" /></a></td>
                  </tr>
                  <tr>
                    <td align="center"><a href="/sustainability/sustainability-of-traditions.aspx" class="link-level-3"><strong>Sustainability of Traditions</strong></a></td>
                  </tr>
              </table></td>
            </tr>
          </table>
        </li>
        </ul>
      </li>
        <li style="width:110px; background-image:url(''/images/menu-divider.jpg); background-repeat:no-repeat" ><a href="/itc-business/index.aspx" title="Businesses" class="MenuBarItemSubmenu" style="padding:0px; line-height:51px; text-align:center; height:51px; font-weight:bold;" >Businesses</a>
                    <ul style="margin-left:-295px; width:749px">
                <li style="width:185px;">
                  <table width="749px" border="0" cellspacing="0" cellpadding="0" style="background:URL(/images/dd-bus-bg.jpg); height:215;">
                    <tr>
                      <td colspan="4" align="center" valign="top"><img src="/images/spacer.gif" width="1" height="5" alt="" /></td>
                    </tr>
                    <tr>
                      <td width="190" align="center" valign="top"><table width="95%" border="0" cellspacing="0" cellpadding="0">
                          <tr>
                            <td><a href="/itc-business/fmcg/index.aspx" class="link-level-1">FMCG</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/fmcg/cigarettes.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Cigarettes &amp; Cigars</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/fmcg/foods.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Foods</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/fmcg/lifestyle-retailing.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Lifestyle Retailing</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/fmcg/personal-care-products.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Personal Care</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/fmcg/education-and-stationery-products.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Education and Stationery</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/fmcg/safety-matches.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Safety Matches</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/fmcg/agarbattis.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Agarbattis</a></td>
                          </tr>
                      </table></td>
                      <td width="210" align="center" valign="top"><table width="95%" border="0" cellspacing="0" cellpadding="0">
                        <tr>
                          <td><a href="/itc-business/paperboards-and-packaging/paperboards-and-specialty-papers.aspx" class="link-level-1">Paperboards &amp; Packaging</a></td>
                        </tr>
                        <tr>
                          <td valign="top" align="left" height="30px"><a href="/itc-business/paperboards-and-packaging/paperboards-and-specialty-papers.aspx" class="link-level-4"><span class="dd-bullet-ornge">&raquo;</span> Paperboards &amp; <br />&nbsp;&nbsp;&nbsp;Specialty Papers</a></td>
                        </tr>
                        <tr>
                          <td><a href="/itc-business/paperboards-and-packaging/packaging.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Packaging</a></td>
                        </tr>
                        <tr>
                          <td>&nbsp;</td>
                        </tr>
                       
                      </table></td>
                      <td width="190" align="center" valign="top"><table width="95%" border="0" cellspacing="0" cellpadding="0">
                          <tr>
                            <td><a href="/itc-business/agri-business/agri-commodities-and-rural-services.aspx" class="link-level-1">Agri Business</a></td>
                          </tr>
                          <tr>
                            <td valign="top" align="left" height="30px"><a href="/itc-business/agri-business/agri-commodities-and-rural-services.aspx" class="link-level-4"><span class="dd-bullet-ornge">&raquo;</span> Agri Commodities  &amp;  <br />&nbsp;&nbsp;&nbsp;Rural Services</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/agri-business/e-choupal.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> e-Choupal</a></td>
                          </tr>
                          <tr>
                            <td><a href="/itc-business/agri-business/leaf-tobacco.aspx" class="link-level-4"><span class="dd-bullet-ornge">&raquo;</span> Leaf Tobacco, Spices <br/>
                              &nbsp;&nbsp;&nbsp;&amp; Agri Inputs</a></td>
                          </tr>
                          <tr>
                            <td>&nbsp;</td>
                          </tr>
                        </table>                      </td>
                      <td width="190" align="center" valign="top"><table width="95%" border="0" cellspacing="0" cellpadding="0">
                        <tr>
                          <td> <a href="/itc-business/hotels.aspx" class="link-level-1">Hotels</a></td>
                        </tr>
                        <tr>
                          <td><a href="/itc-business/group-companies/itc-infotech.aspx" class="link-level-1">Information Technology</a></td>
                        </tr>
                        <tr>
                          <td><a href="/itc-business/group-companies/default.aspx" class="link-level-1">Group Companies</a></td>
                        </tr>

                        <tr>
                          <td>&nbsp;</td>
                        </tr>
                        <tr>
                          <td>&nbsp;</td>
                        </tr>
                        <tr>
                          <td>&nbsp;</td>
                        </tr>
                      </table></td>
                    </tr>
                  </table>
                </li>
            </ul>
        </li>
        <li style="width:150px; background-image:url(''/images/menu-divider.jpg); background-repeat:no-repeat" ><a href="/shareholder/index.aspx" title="Shareholder Value" style="padding:0px; line-height:51px; text-align:center; height:51px; font-weight:bold;" >Shareholder Value</a>
             <ul style="margin-left:0px; width:250px">
                <li style="width:185px;">
                  <table width="343" border="0" cellpadding="0" cellspacing="0" style="background:URL(/images/dd-about-bg.jpg); height:170;">
                    <tr>
                      <td align="center" valign="top"><table width="95%" border="0" cellspacing="0" cellpadding="0">
                          <tr>
                            <td><img src="/images/spacer.gif" width="1" height="8" alt="" /></td>
                          </tr>
                          <tr>
                            <td><a href="/shareholder/key-financials.aspx" class="link-level-1">Key Financials</a></td>
                          </tr>
                          <!--<tr>
                            <td><a href="<'%=WebConfigurationManager.AppSettings["ItcRootFolder"]%>/shareholder/quarterly-results.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Quarterly Results</a></td>
                          </tr>-->
                          <tr>
                            <td><a href="/shareholder/quarterly-results.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Quarterly Results</a></td>
                          </tr>
                          <tr>
                            <td><a href="javascript:newwindow_last10()" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Financial Highlights</a></td>
                          </tr>
                          <tr>
                            <td><a href="/shareholder/stock-prices.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Stock Prices</a></td>
                          </tr>
                          <tr>
                            <td><a href="/shareholder/key-ratios.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Key Ratios</a></td>
                          </tr>
                      </table></td>
                      <td align="center" valign="top"><table width="95%" border="0" cellspacing="0" cellpadding="0">
                          <tr>
                            <td><img src="/images/spacer.gif" width="1" height="8" alt="" /></td>
                          </tr>
                          <tr>
                            <td><a href="/shareholder/investor-relations.aspx" class="link-level-1">Investor Relations</a></td>
                          </tr>
                          <tr>
                            <td valign="top" align="left"><a href="/shareholder/investor-relations/general-information.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> General Information</a></td>
                          </tr>
                          <tr>
                            <td><a href="/shareholder/investor-relations/depository-activities.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Depository Activity</a></td>
                          </tr>
                          <tr>
                            <td><a href="/shareholder/investor-relations/share-registration.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Share Registration</a></td>
                          </tr>

                      </table></td>
                    </tr>
                    <tr>
                      <td colspan="2" align="center" valign="top"><a href="/shareholder/report-and-accounts.aspx" class="link-level-1" style="padding-left:110px;">Report &amp; Accounts</a></td>
                    </tr>
                  </table>
                </li>
            </ul>
        </li>
        <li style="width:80px; background-image:url(''/images/menu-divider.jpg); background-repeat:no-repeat" ><a href="/careers/careers.aspx" title="Careers" style="padding:0px; line-height:51px; text-align:center; height:51px; font-weight:bold;">Careers</a>
        
        <ul style="margin-left:-555px; width:250px">
                <li style="width:185px;">
                  <table width="749" border="0" cellpadding="0" cellspacing="0" style="background:URL(/images/dd-careers-bg.jpg); height:170;">
                    <tr>
                      <td align="center" valign="top"><table style="width:749" border="0" align="center" cellpadding="0" cellspacing="0">
                        <tr>
                          <td style="width:207" align="center" valign="top"><table style="width:180" border="0" align="center" cellpadding="0" cellspacing="0">
                           <tr>
                              <td><img src="/images/spacer.gif" width="1" height="8" alt="" /></td>
                            </tr><tr>
        <td width="202"><a href="javascript:;" class="link-level-1">Know ITC</a></td>
      </tr>
      <tr>
        <td><a href="/careers/itc-today.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> ITC Today</a></td>
      </tr>
      <tr>
        <td><a href="/careers/core-values.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Core Values</a></td>
      </tr>
      <tr>
        <td><a href="/careers/corporate-governance.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Corporate Governance </a></td>
      </tr>
      <tr>
        <td><a href="/careers/divisions.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> ITC Businesses</a></td>
      </tr>
      <tr>
        <td><a href="/careers/ITC-brands.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> ITC Brands</a></td>
      </tr>
      <tr>
        <td><a href="/careers/sustainability.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Sustainability</a></td>
      </tr>
                          </table></td>
                          <td width="227" align="center" valign="top"><table width="200" border="0" align="center" cellpadding="0" cellspacing="0">
                            <tr>
                              <td><img src="/images/spacer.gif" width="1" height="8" alt="" /></td>
                            </tr><tr>
        <td><a href="javascript:;" class="link-level-1">Is ITC right for me?</a></td>
      </tr>
      <tr>
        <td><a href="/careers/itc-store-for-me.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> What ITC has in store for you </a></td>
      </tr>
      <tr>
        <td valign="top" align="left"><a href="/careers/what-sets-itc-apart.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> What sets ITC apart</a></td>
      </tr>
      <tr>
        <td><a href="/careers/learning-development.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Learning and Development</a></td>
      </tr>
      <tr>
        <td><a href="/careers/your-career-choice.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Your career choice</a></td>
      </tr>
      <tr>
        <td><a href="/careers/one-word.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> ITC in a Word</a></td>
      </tr>
      <tr>
        <td><a href="/careers/our-voice.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> Our Voice</a></td>
      </tr>
      <tr>
        <td><a href="/careers/faqs.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> FAQs</a></td>
      </tr>
                          </table></td>
                          <td width="160" align="right" valign="top"><table width="150" border="0" cellpadding="0" cellspacing="0" style="margin-left:-100px">
                            <tr>
                              <td><img src="/images/spacer.gif" width="1" height="8" alt="" /></td>
                            </tr>
                            <tr>
                              <td><a href="javascript:;" class="link-level-1">ITC on Campus</a></td>
                            </tr>
                            <tr>
                              <td><a href="/careers/kites.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> KITES</a></td>
                            </tr>
                            <tr>
                              <td><a href="/careers/aut.aspx" class="link-level-2"><span class="dd-bullet-ornge">&raquo;</span> AUT</a></td>
                            </tr>
                          </table></td>
                          <td width="155" align="right" valign="top"><table width="150" border="0" cellpadding="0" cellspacing="0" style="margin-left:-100px">
                            <tr>
                              <td><img src="/images/spacer.gif" width="1" height="8" alt="" /></td>
                            </tr>
                            <tr>
                              <td><a href="/careers/current-openings.aspx" class="link-level-1">Current Openings</a></td>
                            </tr>
                            <tr>
                              <td><a href="/careers/show-openings.aspx" class="link-level-2" style="height:55px;" target="_blank"><span class="dd-bullet-ornge">&raquo;&nbsp;</span>Explore present <br />
&nbsp;                              &nbsp;career opportunities <br />
                              &nbsp;&nbsp;&nbsp;&nbsp;in ITC</a></td>
                            </tr>
                          </table></td>
                        </tr>
                        <tr>
                          <td align="center" valign="top">&nbsp;</td>
                          <td align="center" valign="top">&nbsp;</td>
                          <td align="right" valign="top">&nbsp;</td>
                          <td align="right" valign="top">&nbsp;</td>
                        </tr>
                      </table></td>
                    </tr>
                  </table>
                </li>
            </ul>
        </li>
        <li style="width:110px; background-image:url(''/images/menu-divider.jpg); background-repeat:no-repeat" ><a href="/contact-us.aspx" title="Contact Us" style="padding:0px; line-height:51px; text-align:center; height:51px; font-weight:bold;" >Contact Us</a>
        <!--
        <ul style="margin-left:-91px; width:200px">
                <li style="width:185px;"><table width="200" border="0" cellpadding="10" cellspacing="6">
                    <tr>
                    <td valign="top" >
            			<a href="/itc-address/network.aspx" class="link-level-2">- ITC Addresses</a>					</td>
                    </tr>
                </table></li>
            </ul>
			-->
			<!-- last updated on 01.09.2011 by CB -->
        </li>
    </ul>
</div>
<div id="outerLayer" style="display:none; z-index:2;"></div>
<script type="text/javascript">
<!--
var MenuBar1 = new Spry.Widget.MenuBar("MenuBar1", {imgDown:"/SpryAssets/SpryMenuBarDownHover.gif", imgRight:"/SpryAssets/SpryMenuBarRightHover.gif"});
//-->
</script></div>
            <!--<div style="position:absolute; width: 747; height:275; visibility:visible;" id="shoshkele" name="shoshkele">
                <script type="text/javascript">
				var sPath = window.location.pathname;
				var sPage = sPath.substring(sPath.lastIndexOf('/') + 1);

                    AC_FL_RunContent(
			'codebase', 'http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0',
			'width', '747',
			'height', '275',
			'src', '/shoshkele/Financial-shoshkele-oct2010',
			'quality', 'high',
			'pluginspage', 'http://www.macromedia.com/go/getflashplayer',
			'align', 'middle',
			'play', 'true',
			'loop', 'true',
			'scale', 'showall',
			'wmode', 'transparent',
			'devicefont', 'false',
			'id', '/shoshkele/Financial-shoshkele-inside',
			'bgcolor', '#ffffff',
			'name', '/shoshkele/Financial-shoshkele-inside',
			'menu', 'true',
			'allowFullScreen', 'false',
			'allowScriptAccess','sameDomain',
			'movie', '/shoshkele/Financial-shoshkele-inside',
			'flashVars', 'pg='+sPage,
			'salign', ''
			); 
                </script>
            </div>-->
			<div id="print-panel" style="z-index: 200;">
<script language="javascript" type="text/javascript">
    function openWindow(theURL) {
        var thisUrl = 'http://www.itcportal.com/about-itc/newsroom/press-reports/PressReport.aspx?id=670||type=C||news=ITC-plans-research-based-services-FMCG-cos';
        window.open(surl = theURL + "?pg=" + thisUrl, "", "top=0,left=262,width=666,height=480,directories=0,fullscreen=0,help=0,menubar=0,resizable=0,scrollbars=0,status=0,titlebar=0,toolbar=0");
    }
</script>
<table border="0" align="right" cellpadding="2" cellspacing="0">
    <tr>
      <td><a href="javascript:void(0);" onclick="printit()">Print this page</a></td>
      <td><img src="/images/print-icon.gif" width="14" height="14" alt="Print this page" title="Print this page" /></td>
      <td>&nbsp;<a href="javascript:openWindow('/EmailThisPage.aspx','','')">Email this page</a></td>
      <td><img src="/images/email-icon.gif" width="14" height="12" alt="Email this page" title="Email this page" /></td>
      <td>&nbsp;Font Size</td>
      <td><a href="javascript:ts('content-area',1)"><img src="/images/font-up-arrow.gif" width="7" height="10" border="0" alt="Increase font size" title="Increase font size"/></a>&nbsp;<a href="javascript:ts('content-area',-1)"><img src="/images/font-down-arrow.gif" width="7" height="10" border="0"  alt="Decrease font size" title="Decrease font size"/></a></td>
      <td>&nbsp;<a href="javascript:window.location.href='/about-itc/newsroom/press-reports/PressReport.aspx'"><img src="/images/reset.gif" width="28" height="11" border="0" alt="Reset font size" title="Reset font size" /></a></td>
    </tr>
  </table>
<blockquote>&nbsp;</blockquote>
</div>
			<div id="breadcrumb"><span id="ctl00_lblNav"><strong><a href='/default.aspx'>Home</a></strong> &gt; <a href='/about-itc/itc-profile/itc-profile.aspx'>About ITC</a> &gt; <a href='/about-itc/newsroom/news-highlights.aspx'> Newsroom</a> &gt;  Press Reports</span></div>
            <div style="margin-top:0px;" id="flash-area"><img src="../../../header-graphics/newsroom.jpg" id="ctl00_imgPageImage" width="745" height="273" alt=" " /></div>
            <!--Content area: START--><a name="pgcontent"></a>
            <div id="content-area">
<script language="javascript" type="text/javascript">
    function CheckFormPressReports() {
        if (document.getElementById("ctl00_cphPageContent_lstYear").value == "0") {
            alert("Inputs are mandatory");
            return false;
        }
        window.location.href = "/about-itc/newsroom/press-reports/PressReports.aspx?Year=" + document.getElementById("ctl00_cphPageContent_lstYear").value;
        return false;
    }
    
    function CheckFormPressReleases() {
        if (document.getElementById("ctl00_cphPageContent_ddlPressReleases").value == "0") {
            alert("Inputs are mandatory");
            return false;
        }
        window.location.href = "/about-itc/newsroom/press-releases/PressReleases.aspx?Year=" + document.getElementById("ctl00_cphPageContent_ddlPressReleases").value;
        return false;
    }
</script>
        <table width="100%" border="0" align="center" cellpadding="0" cellspacing="0">
            <tr>
                <td colspan="2"><h2>Newsroom - Press Report</h2></td>
            </tr>
        </table>       
        <table width="100%" border="0" align="left" cellpadding="0" cellspacing="0">
            <tr>
                <td align="right" colspan="3"><a href="/about-itc/newsroom/news-highlights.aspx" class="content">Home</a>&nbsp;&nbsp;<a href="/about-itc/newsroom/press-releases/PressReleases.aspx" class="content">Press Releases</a></td>
            </tr>
            <tr>
                <td align="center" colspan="3">
                    
                </td>
            </tr>
            <tr>
                <td width="5%">
                &nbsp;
                </td>
                <td >
                    <div>                        
                        <p>&nbsp;</p>
                        <p>
                            <table border="0" cellpadding="0" cellspacing="0" class="newsroom-table-02">
                                <tr>
                                    <th><a href="PressReports.aspx?Year=2002" id="ctl00_cphPageContent_pressreportlink" style="color: #FFFFFF;font-size:16px; text-decoration:none;">Press Report&nbsp;<span id="ctl00_cphPageContent_spanYear">2002</span></a></th>
                                </tr>
                                <tr>
                                    <td>
                                        <table border="0" cellspacing="0" cellpadding="0">
                                            <tr>
                                                <td>
                                                    <table width="100%" border="0" cellspacing="0" cellpadding="0" class="newsroom-table-02a">
                                                        <tr>
                                                            <th><span id="ctl00_cphPageContent_lblTitle">Vernacular greeting cards are a big hit</span><span id="ctl00_cphPageContent_lblMessageCaption" class="msg"></span></th>
                                                        </tr>
                                                        <tr>
                                                            <td>
                                                                <table width="100%" border="0" cellpadding="0" cellspacing="0">
                                                                    <tr>
                                                                        <td width="50%" align="left" style="padding-left:30px;"><span id="ctl00_cphPageContent_lblPublisherName">The Economic Times</span></td>
                                                                        <td width="50%" align="right" style="padding-right:30px;"><span id="ctl00_cphPageContent_lblPublishDate">26 Aug 2002</span></td>
                                                                    </tr>
                                                                </table>
                                                            </td>
                                                        </tr>
                                                    </table>
                                                </td>
                                            </tr>   
                                            <tr>
                                                <td>
                                                    <table class="newsroom-content" width="650px">
                                                        <tr>
                                                            <td>                                                                           
                                                                <span id="ctl00_cphPageContent_lblContent"><FONT size=2>Sutapa Raha &amp; Suman Das Sarma</FONT><I>
<P align=justify><FONT face=Arial><FONT size=2>Bolo dil ki zuban………</FONT></I><FONT size=2> through cards. Be it puja or holi, pongal or diwali, its time to express your feelings in your matribhasha! Vernacular cards are being favoured by this teeming millions who now want to say it in Tamil, Telegu, Bangla, Marathi, Hindi and even Ahomiya.</FONT></FONT></P>
<P align=justify><FONT face=Arial size=2>With the language card’s popularity going up the Indian charts, major players like Archies and Vintage are now trying to expand their portfolio from Hindi, Marathi everyday cards to an array of Indian languages like Bengali, Assamese, Tamil and others.</FONT></P>
<P align=justify><FONT face=Arial size=2>The segment growth is pegged at nearly 7% by industry estimates which is higher than the growth (5%) of the greeting card category as a whole which it is estimated to be around Rs 250 crore.</FONT></P>
<P align=justify><FONT face=Arial size=2>Its ITC which is now set to tap the market with its "Expression Matribhasha." With nearly 415 designs, this sub-brand is set to be launched in nine Indian languages with cards for all seasons and occasions.</FONT></P>
<P align=justify><FONT face=Arial size=2>Speaking to ET, Chand Das, CEO, ITC Greeting Cards Business, said: "We have seeing the rising popularity of regional language TV channels, music, magazines and soaps in India. Indians take pride in expressing themselves to their near and dear ones in their mother tongue."</FONT></P>
<P align=justify><FONT face=Arial size=2>"This provides a huge potential for products in regional languages. Expression Matribhasha will fill this gap, create new categories and expand the market. It will also help "Expressions’ to extend its reach and acceptance in smaller markets," he added.</FONT></P>
<P align=justify><FONT face=Arial size=2>To build the brand in smaller markets, ITC would use slots on FM channels in smaller cities to air "Aapke dil ki zuban" or "express in your own language." Archies plans to take it countries like Bangladesh and Sri Lanka. Anil Moolchandani, chairman-cum-managing director, Archies Greetings and Gifts Limited, said: "Seeing the potential of the vernacular cards segment, we are now expanding our regional cards line to Bengali, Tamil, Keralite and Assamese. Bengali cards also have a market in Bangladesh while Tamil cards will sell in Sri Lanka- where we will export the products."</FONT></P>
<P align=justify><FONT face=Arial size=2>"A niche market at present, the segment is poised for a growth. English has been a common language for expression and now with the Indian market maturing, people want to express their feelings in their own languages. However, the demand is higher on special festivals and in smaller towns." He added.</FONT></P>
<P align=justify><FONT face=Arial size=2>Vintage Cards, which is the sole license for Hallmark in India, is also planning to introduce cards in 10 regional languages in the next two years. K K Bhasin, general manager, Vintage Cards &amp; Creations Pvt. Ltd. said: "The demand is there and being a new segment, the growth potential is almost 100%."</FONT></P>
<P align=justify><FONT face=Arial size=2>"The demand is across India but is more favoured by the older generation and the typical sentimental customers like ones living away from home, or sending cards to people far away," he added. As part of its strategy to grow, Archies will introduce combo cards with one side written in English and another in a local language. The company is also focusing on larger retail space for proper display of the segment. ITC will have various below-the-line promos in regional languages. Other players in the segment are Ambassador cards, Marks Cards and a few others.</FONT></P></span>
                                                            </td>
                                                        </tr>
                                                    </table>
                                                </td>
                                            </tr>
                                        </table>
                                    </td>
                                </tr>
                                <tr>
                                    <td background="/images/press-report-bottom-tab.gif" height="28" align="right" style="padding-right:40px;">
                                        <a id="ctl00_cphPageContent_lnkCrossLink" class="small-white-text"></a>
                                    </td>
                                </tr>
                            </table>
                        </p> 
                        <table width="98%" border="0" align="left" cellpadding="0" cellspacing="0">
                            <tr>
                                <td width="40%" align="left">
                                    <!--<a href="javascript:history.back();" class="very-small-black-text">[ Back ]</a>-->
                                </td>
                                <td align="right" >
                                    <a id="ctl00_cphPageContent_Prev" class="very-small-black-text" href="PressReport.aspx?id=669&amp;type=C&amp;news=New-Range-From-Wills-Sport">[ Previous ]</a>
                                    <span id="ctl00_cphPageContent_Devider"> | </span>
                                    <a id="ctl00_cphPageContent_Next" class="very-small-black-text" href="PressReport.aspx?id=671&amp;type=C&amp;news=Welcomgroup-Climbs-Up-On-Green-Graph">[ Next ]</a>
                                </td>
                            </tr>
                        </table>
                        <br />
                        
                        <br />       
                    </div>
                    
                </td>
                <td width="25%">&nbsp;</td>
            </tr>
            <tr>
                <td style="text-align:center; background-color:#EFEFEF" colspan="3">
                    <table width="60%" border="0" cellspacing="0" cellpadding="5" align="center">
                        <tr>
                            <td>Press Reports Archive</td>                       
                            <td>
                                <select name="ctl00$cphPageContent$lstYear" id="ctl00_cphPageContent_lstYear">
	<option value="0">Select Year</option>
	<option value="2012">2012</option>
	<option value="2011">2011</option>
	<option value="2010">2010</option>
	<option value="2009">2009</option>
	<option value="2008">2008</option>
	<option value="2007">2007</option>
	<option value="2006">2006</option>
	<option value="2005">2005</option>
	<option value="2004">2004</option>
	<option value="2003">2003</option>
	<option value="2002">2002</option>
	<option value="2001">2001</option>

</select>
                            </td>
                            <td>
                                <input type="submit" name="ctl00$cphPageContent$btnSubmit" value="Submit" onclick="javascript:return CheckFormPressReports();" id="ctl00_cphPageContent_btnSubmit" />
                            </td>
                        </tr>
                        <!--<tr>
                            <td>Archive Press Releases</td>
                            
                            <td>
                                <select name="ctl00$cphPageContent$ddlPressReleases" id="ctl00_cphPageContent_ddlPressReleases">
	<option value="0">Select Year</option>
	<option value="2012">2012</option>
	<option value="2011">2011</option>
	<option value="2010">2010</option>
	<option value="2009">2009</option>
	<option value="2008">2008</option>
	<option value="2007">2007</option>
	<option value="2006">2006</option>
	<option value="2005">2005</option>
	<option value="2004">2004</option>
	<option value="2003">2003</option>
	<option value="2002">2002</option>
	<option value="2001">2001</option>

</select>
                            </td>
                            <td>
                                <input type="submit" name="ctl00$cphPageContent$Button1" value="Submit" onclick="javascript:return CheckFormPressReleases();" id="ctl00_cphPageContent_Button1" />&nbsp;&nbsp;
                            </td>
                        </tr>-->
                    </table>
                </td>
            </tr>
        </table>
        
</div>
            <!--Content Area: END-->
            <div id="top"><a href="javascript:void(0)" id="ctl00_hrefTop" onclick="goto_top()">TOP</a>&nbsp;</div>
        </div>
        <!--Right Panel holder: END-->
    </div>
    <!--main holder: END-->
    <div id="bottom-holder">
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
<td width="100%" height="37px" align="center" bgcolor="#173b6b"><a href="/default.aspx" class="bottom-link">Home</a> <span class="small-grey">|</span> <a href="/about-itc/itc-profile/itc-profile.aspx" class="bottom-link">About ITC</a> <span class="small-grey">|</span> <a href="/sustainability/sustainability.aspx" class="bottom-link">Sustainability</a> <span class="small-grey">|</span> <a href="/itc-business/index.aspx" class="bottom-link">Businesses</a> <span class="small-grey">|</span> <a href="/shareholder/index.aspx" class="bottom-link">Shareholder Value</a> <span class="small-grey">|</span> <a href="/careers/careers.aspx" class="bottom-link">Careers</a> <span class="small-grey">|</span> <a href="/experience-itc/index.aspx" class="bottom-link">Experience ITC</a> <span class="small-grey">| </span><a href="/contact-us.aspx" class="bottom-link">Contact Us</a> <span class="small-grey">|</span> <a href="/insider-trading-caution.aspx" class="bottom-link">Insider Trading - Caution</a> <span class="small-grey">|</span> <a href="/sitemap.aspx" class="bottom-link">Sitemap</a> <span class="small-grey">|</span> <a href="javascript:NewWindow('/itcnewsticker/UserRegistration.aspx','MyWin','800','600','yes');" class="bottom-link">Subscribe to updates</a> </td>  </tr>
    <tr>
        <td height="37px" bgcolor="#FFFFFF"><table width="100%" border="0" cellspacing="0" cellpadding="0">
          <tr>
            <td width="66%"><span class="small-grey">&nbsp;&nbsp;&nbsp;&nbsp;Website optimised for Internet Explorer 7.0 with 1024 x 768 screen resolution | &copy; ITC Limited 2012</span></td>
            <td width="34%" align="right"><a href="/terms-of-use.aspx" class="small-grey">Terms of Use</a> <span class="small-grey">|</span> <a href="/privacy-policy.aspx" class="small-grey">Privacy Policy</a>&nbsp;&nbsp;&nbsp;&nbsp;</td>
          </tr>
        </table></td>
  </tr>
</table></div>
</form>
<script language="javascript" type="text/javascript">
var sPath = window.location.pathname.toLowerCase();
if (sPath == '/sustainability/sustainability.aspx') {
	document.getElementById('content-area').style.marginLeft = '0px';
	document.getElementById('content-area').style.marginTop = '0px';
	document.getElementById('content-area').style.width = '747px';

	document.getElementById('top').style.display = 'none';
	document.getElementById('right-panel-main').style.backgroundColor = '#8aa727';
}
if (sPath == '/sustainability/environmental-stewardship.aspx') {
	document.getElementById('content-area').style.marginLeft = '0px';
	document.getElementById('content-area').style.marginTop = '0px';
	document.getElementById('content-area').style.width = '747px';
}
</script>
</body>
</html>
