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ITC TOBACCO EXPORTS
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...- DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraudDGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...
- FMCG sector set for steady Q4 on rural demand and volume growthThe FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segme...
- BAT bets big on India again, as ITC seeks to expand tobacco trade dealITC's raw tobacco sales to British American Tobacco (BAT) surged by 35% to ₹1,445 crore in FY25, accompanied by a near doubling of advances...
- ITC Q2 Results: PAT grows 3% to Rs 5,078 crore, revenue rises 16%ITC’s Q2 revenue was ahead of street estimates while net profit was in line with the expectations. Nuvama Institutional Equities said ITC’s...
- ITC to double raw tobacco exports to BAT by 2025-26ITC Ltd plans to significantly increase exports of raw tobacco to British American Tobacco (BAT), targeting a value of up to Rs 2,350 crore...
- ITC spots another $500 million opportunity in tobacco businessHigh-end nicotine is seeing growing demand due to the rise of vapes and pouches globally. Indian tobacco is well placed since it has a high...
- ITC expects to sell more than Rs 2k-cr worth raw tobacco to BAT in FY24ITC said its proposed transaction with BAT for the next fiscal year would account for around 3.64% of the annual consolidated sales for the...
- 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...
- Buy ITC, target price Rs 310: ICICI DirectITC, incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 328784.47 crore) operating in Tobacco sector.
- ITC to foray into boutique lifestyle hotel segment with new brandThe conglomerate is also diversifying its flagship tobacco business into manufacturing of nicotine and nicotine salts primarily for export ...
- ITC diversifying tobacco business into manufacturing of nicotine and nicotine saltsThe conglomerate will undertake this new business through a newly set up wholly-owned subsidiary, ITC IndiVision Limited. ITC IndiVision wi...
- ITC merges tobacco leaf, agri-business unitsKolkata-based ITC named Sanjiv Rangrass the chief executive of the merged, Rs 8,265-crore, agri-business which was earlier headed by S Siva...
- Low production doesn't set tobacco prices on fireIndian farmers, who largely cultivate Virginia tobacco, may get some 5% better realisation for their produce this time as against the over ...
- Buy ITC Ltd. target Rs 320 : UBSBuy ITC Ltd. at a price target of Rs 320 and a stoploss at Rs $stopLossL from entry point
- Hiccups at home fuel cigarette exports over 36%During the nine-months period ended December 2014, a growth of over 39% compared with Rs 790 crore registered in the same period of previou...
- Godrej, Emami and Dabur are safe bets in FMCG: Dipan Mehta'The likes of Godrej Consumer or Emami or Dabur even Jyothy Laboratories should be certainly preferred over the Indian MNCs.'
- Output crunch triggers price rally in tobacco, prices may further rise as BAT & Philip Morris buying from IndiaTobacco cultivation has taken a hit this year in the prime belt of Karnataka due to patchy monsoon, pushing up auction prices, which may im...
- Cigarette import curbs likely: End of the road for Camel Marlboro, Benson & Hedges?The move comes two years after India disallowed foreign direct investment in cigarette manufacturing.
- Government bans FDI in cigarette manufacturingThe government on Thursday banned FDI in cigarette manufacturing, shutting the doors permanently on foreign companies such as Japan Tobacco...
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