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Headlines Tagged with ITC 608 headlines found

15 Views

[Asia, India] Govt strictness over pictorial warning on cigarette packs may force ITC to explore other options

After the company shut its manufacturing plants in the wake of government's new rule of larger pictorial warnings, ITC will have to stress on steaming other businesses and also attract health-conscious consumers.
Business Insider
added Apr 7, 2016 19:48
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
6 Views

[Asia, India] Cigarette shortage: More pain for smokers?

cigarette distributors have nearly halved supply to retailers in anticipation of shortage, reports Priya Sheth quoting sources. Major cigarettes manufactures including ITC , Godfrey Phillip and VST have decided to shut all their factories and stop m
Moneycontrol.com / Television Eighteen (in)
added Apr 4, 2016 23:33
9 Views

[Asia, India] Govt-tobacco industry standoff: ITC says it will not print large health warnings on cigarette packs

The standoff between the government and the tobacco products' companies refuses to die down with India's largest cigarette manufacturing company ITC Limited saying it would not print larger health warnings on its cigarette packs. ITC ltd. informed the B
IBT - International Business Times
added Apr 4, 2016 17:34
12 Views

[Asia, India] Not ready to print larger pictorial warnings on cigarette packs, says ITC

said it is not ready to print larger pictorial warnings on its cigarette packs, as required under a new government norm, and its factories will be shut till clarity emerges on the matter. Since yesterday, under a new government notification, tobacco prod
DNA India (in)
added Apr 3, 2016 18:24
7 Views

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
Reuters
added Mar 11, 2016 19:05
10 Views

[Asia, India] ITC: smoking again

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
Financial Times (uk)
added Mar 9, 2016 14:42
10 Views

[Asia, India] Smoking hot! ITC leads tobacco pack despite excise duty smog in budget

A strong rally in the stocks of tobacco product manufacturers and cigarette makers led by ITC saw these stocks scaling highs during the session, notwithstanding the Finance Minister Arun Jaitley’s proposal to hike excise duty on tobacco products by 10-1
India Infoline.com
added Mar 1, 2016 17:27
8 Views

[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
18 Views

[Asia, India] ITC drops over 3% on fears over likely hike in excise duties on cigarettes

The Economic Times (India)
added Feb 22, 2016 13:42
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