Headlines Tagged with ITC — 601 headlines found
ITC Ltd., Asia’s second-largest publicly traded tobacco company, reported earnings that fell short of analyst estimates as the Indian government’s campaign against smoking dented cigarette sales.
Jan 22, 2016 Bloomberg News
added Jan 28, 2016 20:07
ITC Ltd posted a subdued 3.61 percent rise in net profit at Rs 2,265.44 crore for the first quarter ended June 30, due to pressure on cigarette sales and sluggish demand for other FMCG products.
Jul 30, 2015 PTI - Press Trust of India (in)
added Jul 31, 2015 13:01
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
Aug 15, 2014 The Economic Times (India)
added Aug 21, 2014 05:50
The Bombay High Court granted an order of injunction restraining NTC Industries from infringing ITC’s trademarks and appointed a Receiver to undertake inventory of the infringing stocks at the NTC factory located in BT Road, Kolkata.
May 23, 2014 Hindustan Times (in)
added May 26, 2014 14:00
Sales of ITC Ltd’s 64 mm cigarette is likely to go up as people are projected to downgrade purchase of the 69 mm category post the recent 6-7 per cent price hike after GST roll-out. Although analysts project the company is likely to suffer a decline in i
Jul 31, 2017 Business Standard (in)
added Aug 1, 2017 22:07
U.S. regulator’s policy would be a deterrent for new smokers, said Sanjay Manyal, equity research analyst... However, a policy like this to get implemented may take time and its impact on the Indian tobacco industry can be assessed only after regulation d
Jul 31, 2017 Bloomberg News
added Jul 31, 2017 23:23
ITC Ltd.’s profit in the July to September quarter rose 10.5 percent as cigarette sales increased 7 percent. Net profit rose to Rs 2,500 crore from Rs 2,262.5 crore in the same quarter last year, according to financial results posted on the exchanges. T
Oct 26, 2016 Bloomberg News
added Oct 26, 2016 15:07
The chairman of the largest cigarette maker in India, ITC Ltd., has alleged that U.S.-based organisations are aiding the anti-tobacco lobby in India and indirectly promoting tobacco/ cigarette smuggling in the country.
Apr 30, 2016 IBT - International Business Times
added May 1, 2016 19:25
India's $11 billion tobacco industry is up in arms against the new rules and has taken the government to court. Industry estimates show the production halt has already cost $850 million and risks the livelihood of millions of farmers. In a statement to
Apr 16, 2016 Reuters
added Apr 18, 2016 19:48
Then came last week's budget announcement, which included a lower-than-expected increase in cigarette taxes. This after a few years of accelerating levies that, being passed on to consumers, have inevitably hurt demand. Just like that, the stock rose 10 p
Mar 9, 2016 Financial Times (uk)
added Mar 9, 2016 14:42