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Headlines Tagged with ITC 573 headlines found

6 Views

[Asia, India] Growth of tobacco business good for shareholders: ITC chief Y C Deveshwar

"Some shareholders are saying that growth of the tobacco business should be less while that of others (non-tobacco) should rise. That is not the objective", Deveshwar said at the company's AGM here. (Reuters) “Some shareholders are saying that growth o
Financial Express (in)
added Jul 22, 2016 23:35
7 Views

[Asia, India] ITC Q1FY17: Cigarette volume sales up 3% in June quarter, best in 3 years

ITC Limited, which has interests in cigarettes, hotels, agriculture and paperboards, reported 3 percent volume growth in cigarette sales for the June 2016 quarter, the highest since Q4, 2013.The company derived about 63 percent of its total operating reve
International Business Times
added Jul 22, 2016 18:57
3 Views

[Asia] BUZZ-India's ITC gains; cigarette sales boost Q1 results

** ITC Ltd shares up as much as 2.2 pct after higher Q1 results on Thursday ** Stock is top pct gainer on NSE index ** India's biggest cigarette maker posts over 10 pct rise in Q1 net profit at 23.85 bln rupees ($355.1 mln)
Reuters
added Jul 22, 2016 18:56
22 Views

[Asia] India cigarette maker ITC's CEO Deveshwar to step down next year

ITC's board had "strongly urged" Deveshwar to continue as CEO, but he wanted the company to have a younger leader, according to a regulatory filing on Tuesday. The company did not name a successor to Deveshwar. Deveshwar, 69, joined ITC in 1968, accordi
Reuters
added Jun 21, 2016 19:30
14 Views

[Asia, India] ITC: Uptick in cigarette volumes aids Q4 show

Govt should not terrorise cigarette buyers, says ITC chief Deveshwar Flattish growth in cigarette volumes, estimated at 0-2 per cent, was a key surprise in ITC’s March quarter (Q4) results, given that expectations were of a three-four per cent decline. Th
Business Standard (in)
added May 20, 2016 20:00
8 Views

[Asia] BUZZ-India's ITC rises to 1-wk high, cigarette production resumes

** Cigarette maker ITC Ltd rises as much as 2 pct to its highest since April 29 ** Co on Sunday said its cigarette factories are re-starting production in a phased manner
Reuters
added May 9, 2016 22:16
4 Views

[Asia, India] ITC shares up over 2% as company resumes cigarette production

Shares of ITC on Monday rose by over 2% after the company said there is "progressive resumption" of production at its cigarette factories, which was suspended from May 4 over the large pictorial warning issue.
PTI - Press Trust of India (in)
added May 9, 2016 22:03
10 Views

[Asia, India] New Delhi unmoved by cigarette packaging challenges

India's ITC resumed its cigarette production following several weeks of suspension, after legal challenges failed to sway New Delhi's demand for bigger pictorial health warnings on cigarette packets.
Financial Times (uk)
added May 9, 2016 14:08
11 Views

[Asia] India's largest cigarette maker to print larger warnings on packs after SC ruling

After a two-month-long showdown with the government, Indian tobacco companies have finally decided to print larger health warnings on both sides of cigarette packs. India's largest tobacco product maker, ITC Ltd., said on Sunday that the company will be
International Business Times
added May 9, 2016 13:56
12 Views

[India] New Delhi unmoved by cigarette packaging challenges

India's ITC resumed its cigarette production following several weeks of suspension, after legal challenges failed to sway New Delhi's demand for bigger pictorial health warnings on cigarette packets.
Financial Times (uk)
added May 9, 2016 10:32
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