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Headlines Tagged with ITC 595 headlines found


[Asia, India] ITC to pick up tobacco stocks

chief minister N Chandrababu Naidu has requested the Centre to immediately press its agencies into purchases. He suggested that the tobacco board or the state trading corporation (STC) be allowed to pick up the stocks from the market on war footing basis.
Times of India
added Sep 17, 2015 12:38

[Asia, India] ITC is ready to foray into electronic cigarettes business

India's largest cigarette maker, ITC, is ready to foray into electronic cigarettes and has engaged with the government to come out with a policy framework to launch them, chairman YC Deveshwar said.
The Economic Times (India)
added Aug 1, 2014 15:18

[India] President’s decision to attend tobacco firm’s event sparks row

Government might have banned the sponsorship of sporting events by tobacco firms, but President Pranab Mukherjee is all set to endorse a tobacco company by attending an award function on Monday at Vigyan Bhawan in New Delhi.
Jagran Post (in)
added Jan 14, 2013 11:25

[Asia, India] LIC Thinks PIL Against Its Investments in Tobacco and ITC Is Frivolous

Kicking off a public interest litigation (PIL) filed against Life Insurance Corporation’s (LIC) investments in tobacco majors such as Indian Tobacco Company Ltd (ITC), LIC told the Bombay high court on Friday that the petition was “frivolous,” an “abuse o
The Wire (in)
added Jun 27, 2017 00:16

[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
IBT - International Business Times
added Jul 22, 2016 18:57

[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
added May 9, 2016 22:16

[Asia, India] Why ITC stock is up despite higher duties on tobacco products

ITC has increasingly diversified its product portfolio to the point where close to 50% of its revenues come from its non-cigarettes business. The rural push of the government could help grow its non-cigarettes FMCG business. This part of the Budget found
Business Standard (in)
added Mar 1, 2016 17:23

India moves toward ban on loose cigarettes to deter smoking

India moved a step closer to banning the sale of unpackaged cigarettes... More than 70 percent of the cigarettes sold in India are loose. The federal health ministry has accepted the recommendation of an internal panel and will seek cabinet approval befo
added Nov 26, 2014 10:58

[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

[Asia] Govt of India is the biggest tobacco offender – and the biggest investor in ITC

Consider this for irony. The government taxes cigarettes heavily. But it is government that is most invested in ITC, India's largest cigarette maker. Government is taxing its own biggest investment, but benefits from both. (in)
added Jul 31, 2014 12:53
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