ITC bags UN award for world business development

22nd June 2012 01:02 PM

Diversified business firm ITC Ltd on Thursday said it has received the '2012 World Business and Development Award' at the ongoing Rio+20 United Nations Summit in Brazil.

The award has been given for the transformational rural initiatives in social and farm forestry programmes in India undertaken by the company, ITC Ltd said in a statement.

The award has been instituted by various international agencies, including the United Nations Development Programme, the International Chamber of Commerce and the International Business Leaders Forum (IBLF), it added.

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