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...
30 Jun, 2025, 12.09 AM IST
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...
24 Oct, 2024, 09.00 PM IST
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...
01 Jul, 2024, 04.37 PM IST
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...
13 Dec, 2023, 05.24 PM IST
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...
14 Feb, 2023, 01.24 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
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.
19 May, 2022, 09.29 AM IST
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 ...
14 Jul, 2021, 01.24 PM IST
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...
14 Jul, 2021, 11.54 AM IST
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...
23 Feb, 2018, 12.00 AM IST
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 ...
14 Feb, 2017, 05.46 PM IST
- Buy ITC Ltd. target Rs 320 : UBS
Buy ITC Ltd. at a price target of Rs 320 and a stoploss at Rs $stopLossL from entry point
01 Dec, 2016, 03.06 PM IST
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...
20 Feb, 2015, 04.24 PM IST
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.'
26 Nov, 2014, 03.58 PM IST
- Output crunch triggers price rally in tobacco, prices may further rise as BAT & Philip Morris buying from India
Tobacco cultivation has taken a hit this year in the prime belt of Karnataka due to patchy monsoon, pushing up auction prices, which may im...
05 Nov, 2012, 05.09 AM IST
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.
02 May, 2012, 02.46 AM IST
- Government bans FDI in cigarette manufacturing
The government on Thursday banned FDI in cigarette manufacturing, shutting the doors permanently on foreign companies such as Japan Tobacco...
09 Apr, 2010, 04.22 AM IST