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Headlines Tagged with ITC 520 headlines found

10 Views

[Asia, India] ITC jumps on new health minister appointment

ITC Ltd jumps 4.3 percent, heads towards its biggest single-day gain since Sept. 10, 2013. Traders cite appointment of J.P. Nadda as new health minister as reasons behind gains...hope new minister may not pursue a much speculated tax increase
Reuters
added Nov 11, 2014 15:44
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[Asia, India] Smoking curbs likely to cast a shadow on ITC's cash cow

the company's bread and butter continues to be the tobacco business. Its September quarter performance continues to display this trend where the bulk of its profits - as much as 85 per cent - have come from the cigarettes business while its hotels and con
The Economic Times (India)
added Nov 2, 2014 10:31
47 Views

[Asia, India] ITC Launches New Cigarette Variant

ITC has launched a new variant of its popular cigarette brand, Gold Flake. The company has launched the 84 mm (millimetre) Gold Flake Quad Core filter cigarette, Cogencies reported citing sources.
New Delhi Television Limited (NDTV) (in)
added Sep 18, 2014 18:04
3 Views

[Asia, India] ITC targets 18% market share in agarbattis

With the demand for branded agarbatti (incense sticks) growing at nearly 15 per cent every year, ITC’s agarbatti brand Mangaldeep hopes to garner around 18 per cent share in the next couple of years.
Business Line (The Hindu)
added Sep 18, 2014 15:54
6 Views

[Asia] POLITO: ITC sustainability award for India's million smoking deaths

India is home to 12% of the world's smokers (120 million), nearly one million annual smoking related deaths, and arguably the world's most brazen tobacco company, ITC Limited.... ITC sells 80 percent of India's cigarettes. Reflect on the hypocrisy of ITC
whyquit.com
added Sep 14, 2014 11:49
7 Views

[Asia, India] Government likely to ban sale of loose cigarettes, Rs 20000 fine for smoking in public

The government is considering a proposal to ban the sale of loose cigarettes, a move that will hit ITC and other cigarette makers hard as 70 per cent of retail takes place in this form. This is one of the many measures proposed by an expert panel set up
The Economic Times (India)
added Sep 13, 2014 21:15
14 Views

[Asia, India] Cigarette stocks fall amid reports of tough tobacco policy

Shares of cigarette companies - ITC, Godfrey Phillips India and VST Industries - fell by as much as 6 per cent amid media reports that the government may tighten norms to put check on smoking. Stocks of Godfrey Phillips slumped 6.09 per cent to Rs 2,990
PTI - Press Trust of India (in)
added Sep 10, 2014 14:36
17 Views

[Asia, India] 40 Years Ago... and now: ITC struggles to kick tobacco

The conglomerate adopted an unremitting focus on diversifying from the mid-seventies but the exercise has not been without controversy and the results have been mixed
Business Standard (in)
added Sep 9, 2014 04:18
11 Views

[Asia] ITC forays into E-cigarettes segment, will be rolled out pan-India in phases

The diversified ITC group has forayed into electronic cigarettes to offset shrinking sales of its conventional tobacco cigarettes due to recurrent price increases. The Kolkata-headquartered cigarettesto-hotels group has launched two electronic-vaping devi
The Economic Times (India)
added Aug 21, 2014 05:50
12 Views

[Asia, India] Cigarette Sales to be Hit on Likely Government Curbs: Analyst

The Health Ministry's recommendations to curb tobacco consumption through plain packaging on cigarette packs, among other measures, if implemented will see cigarette companies like ITC's sales impacted, says brokerage firm Prabhudas Lilladher.
New Delhi Television Limited (NDTV) (in)
added Aug 19, 2014 16:26
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