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CIGARETTE TAX
Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...02 Aug, 2026, 12.48 PM IST- Divi's Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%The firm’s revenue from operations meanwhile rose around 28% YoY to Rs 3,080 crore in Q1 FY27, from Rs 2,410 crore reported in the year-ago...01 Aug, 2026, 01.00 PM IST
- ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...01 Aug, 2026, 08.21 AM IST
- ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitabilit...30 Jul, 2026, 01.01 PM IST
- VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in reven...29 Jul, 2026, 10.05 AM IST
- Stocks in news: L&T, Tata Capital, Ambuja Cements, Suzlon Energy, RVNLIndian stock markets closed lower on Tuesday after early gains faded. Larsen & Toubro and Tata Capital reported strong profit growth for th...29 Jul, 2026, 06.00 AM IST
- Godfrey Phillips shares fall 6% as Q1 net profit declines over 44% amid tax-led price increaseGodfrey Phillips reported a 44.3% year-on-year decline in June-quarter net profit as higher excise duty weighed on earnings, even as gross ...28 Jul, 2026, 11.03 AM IST
- Mamdani plans to offer 30% discount on meat and produce at city-owned grocery storesNew York City plans government-owned grocery stores to combat rising food prices. These five shops will offer a thirty percent discount on ...28 Jul, 2026, 07.00 AM IST
- ITC charts growth strategy as cigarette tax hike hits stockITC Chairman Sanjiv Puri said the company is tackling higher cigarette taxes through calibrated price hikes, product innovation and diversi...23 Jul, 2026, 07.08 PM IST
- Delhi world's cheapest for dates, buying properties among major cities; salary among lowestNew Delhi offers the world's cheapest date and broadband internet services. Property prices in Delhi remain relatively low compared to glob...18 Jul, 2026, 05.21 PM IST
- India and UK in talks on Britain's carbon tax rules: Commerce Secretary Rajesh AgrawalIndia and the UK are discussing Britain's carbon tax regulation. The new free trade agreement ensures market access for India's steel secto...15 Jul, 2026, 12.35 AM IST
- Quote of the day by Spencer Tracy: 'Acting is not the noblest profession in the world, but there are things lower than...' - thought-provoking life lessons by Oscar-winning actor of Captains Courageous and Captains Courageous reveals why your values and character matter more than your professionQuote of the day by Spencer Tracy: Spencer Tracy's quote humorously contrasts acting with other professions. He suggested politicians somet...11 Jul, 2026, 05.18 PM IST
- Blue-Chip Blues: A quarter of India's top stocks have failed to deliver meaningful returnsA significant portion of BSE 100 companies, 23 to be exact, have struggled to deliver robust annual returns over the past three years, with...06 Jul, 2026, 05.34 AM IST
- Below-normal monsoon won't derail rural demand, says Nomura's Mihir ShahDespite fears of a weaker monsoon, Nomura's Mihir Shah anticipates muted impact on rural demand due to healthy reservoir levels and improve...30 Jun, 2026, 04.02 PM IST
- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...27 Jun, 2026, 03.38 PM IST
- No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...24 Jun, 2026, 12.58 PM IST
- ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...24 Jun, 2026, 12.29 AM IST
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