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AMERICAN TOBACCO PLC
Indus Towers block deal size increased to 17.98% from 9.94%The term sheet issued on Tuesday stated that Vodafone PLC would sell a 9.94% stake in the tower company. The shares are expected to be sold...19 Jun, 2024, 09.33 AM IST- India’s rising valuations spur foreign firms to sell holdingsAt least seven firms including US home appliance giant Whirlpool Corp. and Singapore Telecommunications Ltd., have reduced holdings in thei...13 Mar, 2024, 10.53 AM IST
- BAT to sell 3.5% stake in ITC via block dealITC's largest shareholder BAT Plc on Tuesday said in a statement that its wholly-owned subsidiary Tobacco Manufacturers (India) Ltd will se...13 Mar, 2024, 06.41 AM IST
- BAT planning to launch ITC selldown as soon as this weekLondon-listed BAT has been speaking with Bank of America Corp. and Citigroup Inc. about a potential divestment of around $2 billion to $3 b...11 Mar, 2024, 09.45 PM IST
- BAT takes stance, gets ready to cut stake in ITCBAT chief executive Tadeu Marroco said in its preliminary earnings release for 2023 that the company continues “to pursue all opportunities...09 Feb, 2024, 06.33 AM IST
- ITC director David Robert Simpson resignsDavid Robert Simpson was on the ITC board as a representative of Tobacco Manufacturers (India) Ltd, a subsidiary of British American Tobacc...16 Jan, 2024, 03.03 PM IST
- ITC is world's 3rd most valuable tobacco company after London-based BAT sinksLondon-based BAT has seen a sell-off in its shares in the past week, rendering its market cap below ITC to $64 billion. The stock fell shar...10 Dec, 2023, 10.45 AM IST
- This fund manager trounces most Indian peers by betting against ESG tradeThe Parag Parikh Flexi Cap Fund boosted its holdings of Indian cigarette maker ITC Ltd and Coal India when valuations were low, according t...05 Jun, 2023, 11.16 AM IST
- US FDA halts sales of Juul e-cigarettesJuul, along with other e-cigarette brands including British American Tobacco Plc's Vuse and Imperial Brands Plc's Blu, had to meet a Septem...23 Jun, 2022, 08.41 PM IST
- ITC to sell Rs 1,990 crore of raw tobacco to British American TobaccoThe conglomerate is also revising the salary of chairman and managing director Sanjiv Puri and two executive directors, Nakul Anand and B S...23 Jun, 2022, 12.31 PM IST
- EXPLAINER: How Russia could use bankruptcy law to punish foreign companiesRussia's law, however, generally prioritizes the needs of creditors who are owed money. This means creditors, including the Russian governm...18 Mar, 2022, 06.28 PM IST
- Pat on the back from BAT to make Sanjiv Puri's job easierITC's largest shareholder expresses confidence in new chairman; indicates it has no plans for now to raise stake in the Indian co.15 May, 2019, 07.09 AM IST
- After 4,200% stock jump, new ITC CEO has a tough act to followDeveshwar, 69, who joined ITC in 1968, is seeking shareholder approval to serve a three-year term as chairman of the British American Tobac...23 Jun, 2016, 03.28 PM IST
- ITC Q4 net profit up 3.65% at Rs 2,361.18 croreFor the quarter ended March 31, ITC earned Rs 2,361 crore ($371.6 million), while analysts were expecting the company to earn Rs 2,519 cror...23 May, 2015, 02.29 AM IST
- British American Tobacco edges out SingTel as largest MNC by value of equity in IndiaThe 109-year-old tobacco giant ousted Singapore telco SingTel from the top slot as the value of its holdings in ITC Ltd and VST Industries ...13 Apr, 2011, 04.40 AM IST
- Finland all out to ban smokingMarlboro Man lit up his last cigarette on Finnish TV screens in 1978. Soon, his smokes will be out of plain sight in stores and selling tob...02 Oct, 2010, 04.12 AM IST
- Global recession has little impact on 'sin stocks'Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, alcohol, cigarette and candy makers are all r...14 Aug, 2008, 01.54 AM IST
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