This document summarizes the business divisions of ITC Ltd over time based on their placement in the BCG matrix. It notes that ITC Ltd was originally incorporated in 1910 as Imperial Tobacco Company of India Ltd and has since diversified. The key business divisions are FMCG-Cigarettes, FMCG-Others, Hotels, Agri Business, Paperboards & Packaging, and ITC Infotech. Based on their revenues, growth rates, market shares and positions, the document places each division in the BCG matrix - with FMCG-Cigarettes and Agri Business as cash cows and Hotels, Paperboards & Packaging as stars.