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Headlines Tagged with ITC 601 headlines found


[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

[India] ITC declines on concerns of cigarette volumes fall

Cigarette major ITC slipped nearly 1 percent on Thursday on reports that cigarette volumes of the company may decline going forward. / Television Eighteen (in)
added Mar 24, 2013 17:12

[India] ITC to enter the dairy market in 14 months

ITC started the dairy business as part of its integrated animal husbandry programme, the firm's CSR initiative
Business Standard (in)
added Mar 13, 2013 10:47

[India] President to attend ITC-sponsored event, says no tobacco promotion

President Pranab Mukherjee will on Monday attend an award function jointly organised by the Confederation of Indian Industries and ITC and his office said the event had nothing to do with promotion of tobacco.
Deccan Chronicle (in)
added Jan 14, 2013 00:03

[India] Concerns overdone for ITC

Relatively inelastic cigarettes business with strong pricing power will help drive growth
Business Standard (in)
added Sep 11, 2012 15:13

[Australia, India] ITC’s cigarette biz huffs and puffs, FMCG is burning cash

, investors and smokers, here’s some bad news for you: There is heightened global pressure on the cigarette industry with Australia, the UK, Canada and Russia taking stringent action that can cap cigarette sales and dilute brand franchise. (in)
added Aug 13, 2012 15:08

[India] ITC profit up by 26 per cent in Q4, driven by cigarette business

The Economic Times (India)
added May 26, 2012 13:04

India's ITC Ltd June qtr profit up about 7.4 pct

India's Itc Ltd :June quarter profit 25.61 billion rupees versus profit of 23.85 billion rupees last year.Consensus forecast for June quarter net profit was 25.81 billion rupees.June quarter total income 142.77 billion rupees versus 136.74 billion rupees
added Jul 28, 2017 20:20

[India] Tobacco Tax U-Turn Burns $7 Billion Hole in ITC's Market Cap

ITC Ltd., Asia’s second-largest cigarette maker by value, plunged the most in 25 years after India surprised investors by raising levies on tobacco products. The stock slumped 12 percent to 285.1 rupees at 3:12 p.m. in Mumbai, erasing $7.5 billion from
Bloomberg News
added Jul 18, 2017 22:52

[Asia, India] Should the govt hold stake in tobacco firms?

That’s the substance of a case filed by a group of individuals, some of whom run the Tata Trusts, in the Bombay high court. The case—the court is yet to decide whether to admit it or not—specifically names ITC Ltd, which it refers to as “primarily” a tob (in)
added Apr 17, 2017 19:19
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