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Headlines Tagged with ITC 608 headlines found

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[Asia] UPDATE 2-Taxing times make smaller smokes healthy for India's ITC

Indian tobacco firm ITC Ltd's move to shorten low-priced cigarettes by 5 millimetres helped fourth-quarter profit jump 18 percent as customers snapped up smokes small enough to qualify for a lower government tax rate. A pick-up in low-cost cigarette cons
Reuters
added May 27, 2014 12:41
14 Views

[Asia, India] ITC drops after reports of SC directing not to violate prevailing health warning rules on cigarette packs

ITC declined 1.03% to Rs 313.65 at 15:00 IST on BSE after reports that the Supreme Court today, 4 May 2016, told the tobacco industry to adhere to rules requiring stringent health warnings on cigarette packs.
Business Standard (in)
added May 4, 2016 14:31
14 Views

[Asia, India] Nicotine content: Cigarette firm files review petition on HC order

the court had ordered that cigarette companies should mention the amount of nicotine and tar in each stick - a review petition was filed in the court by the Indian Tobacco Company (ITC) and other enterprises involved in cigarette manufacturing on Friday.
Times of India
added Dec 13, 2015 22:24
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
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[Asia, India] ITC drops on buzz of hike in tax on cigarettes in Budget

Index heavyweight and cigarette maker ITC dropped almost 5% on reports that Union health minister Harsh Vardhan has urged Finance Minister Arun Jaitley to raise tax on cigarettes in the upcoming final Union Budget for 2014-15 to deter people from smoking
Business Standard (in)
added Jun 23, 2014 09:55
13 Views

[Asia, India] Ban on e-cigarettes may actually benefit ITC

has nipped ITC's plans of entering the space in the bud, but the company might just be saved from the threat of disruptive competition ruining its cigarette market in the country.
Times of India
added Aug 30, 2018 17:40
13 Views

[Asia, India] GST impact on cigarettes: Wills Classic, Gold Flake, Navy Cut prices to increase after hike in cess

A week after the GST Council raised the cess on cigarettes over the peak rate of 28 per cent, ITC increased cigarette prices by 4 to 8 per cent on as many as 25 different pack sizes and variants. Smokers will now have to shell out more for brands like Cla
Business Today (in)
added Jul 26, 2017 22:45
13 Views

[Asia, India] Cigarette shares plunge as factories shut down

Shares of cigarette makers ITC, VST Industries and Godfrey Phillips India fell more than 3 per cent intra-day, amidst reports said that their managements had decided to shut cigarette factories in protest against a new government rule mandating bigger hea
Deccan Chronicle (in)
added Apr 5, 2016 17:01
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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
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[India] Excise hike to limit ITC's cigarette volumes: Goldman

Shares in ITC(ITC.NS) fell over 1 percent after a proposal in the budget on to raise the excise duty by about 18 percent on cigarettes was viewed negatively for India's biggest tobacco company.
Reuters
added Mar 1, 2013 13:37
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