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Headlines Tagged with ITC 601 headlines found


[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

India MPs to seek smaller health warnings on cigarette packs: sources

A panel of Indian lawmakers will call for smaller health warnings on cigarette packs, saying the government's requirement of 85 percent of surface area is too harsh on the tobacco industry, sources who have seen the panel's draft report said. The decisi
added Mar 11, 2016 19:05

[Asia, India] National Forum for Tobacco Eradication condemns partnership between govt ministries and tobacco industry

it is extremely concerned that the Summit on sustainability is being co-organized and sponsored by a leading tobacco company (ITC Pvt Ltd.). The Summit also has participation by Alcohol Industry (SABMiller India).
merinews (in)
added Sep 17, 2015 12:34

[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
added Sep 14, 2014 11:49

[Asia, India] ITC Q1 Sales Jump on Demand for Smaller Smokes, Consumer Goods

ITC, India's largest cigarette maker, reported a better-than-expected 25 per cent rise in quarterly sales as demand for smaller and cheaper cigarettes grew and its consumer goods business put in a stronger performance.
New Delhi Television Limited (NDTV) (in)
added Jul 29, 2014 13:40

[Asia, India] Can ITC's FMCG business come to the rescue as cigarettes falter?

Fearing a disruptive tax regime for cigarettes, the market has re-rated shares of ITC, expecting a decline in cigarette volumes and earnings. While the stock has fallen 12% over the last month and a half, its multiples have compressed over the last year.
Business Standard (in)
added Jun 30, 2014 12:52

ITC's 'smaller smokes' move pays off, profit jumps 18 percent

customers snapped up smokes small enough to qualify for a lower government tax rate. ITC also said its non cigarette consumer goods business had in the March quarter posted the highest ever pre-tax profit of Rs.43.09 crore against Rs.11.87 crore a year a
Authint Media (in)
added May 24, 2014 15:32

[Asia, India] Consortium for Tobacco Free Karnataka condemns BBMP move with tobacco manufacturer

As the BBMP decided to tie up with the ITC in its Zero waste management, and work on segregation of waste at source, the members of Consortium for Tobacco Free Karnataka (CFTFK) have taken objection. "It's ironic but a fact that the theme for this year's
Times of India
added Jul 2, 2013 12:48

[Asia, India] Non-cigarette FMCG biz lights up ITC

The non-cigarette fast-moving consumer goods (FMCG) segment of ITC has recorded its maiden profit, helping the cigarette-to-hotel major post 19.4 per cent increase in net profit in the fourth quarter of 2012-13.
Business Standard (in)
added May 17, 2013 23:42

ITC Profit Beats Analyst Estimates on Cigarette Price Rise

ITC Ltd. (ITC), India’s largest maker of cigarettes, reported second-quarter profit that beat analyst estimates after increasing prices on some tobacco brands.
Business Week/Bloomberg
added Oct 19, 2012 09:17
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