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INDIA TOBACCO DIVISION
Retail inflation edges up to 3.9% in MayEconomists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and ...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIn the stock market, everything has to be seen in context. The most noticeable thing these past few days is that there is not much Gulf-rel...
- Retail inflation up a tad on rise in food, bullion pricesRetail inflation reached a four-month peak of 3.5% in April. This rise was fueled by increasing food and gold/silver prices. Economists ant...
- Food, fuel prices push up March retail inflation to 3.4%India's retail inflation climbed to 3.4 percent in March. Higher food and fuel costs are driving this increase. Experts predict inflation c...
- Lok Sabha passes Central Excise (Amendment) Bill ahead of GST cess phaseout on ‘sin goods’New laws are set to tax tobacco and pan masala products. These bills replace the GST compensation cess. Excise duty will be levied on tobac...
- GST 2.0 reforms: Centre mulls extra duty on tobacco, states want shareTo maintain overall taxation on tobacco products post GST 2.0 reforms, the Centre may impose additional excise or special duty above the pr...
- You may soon need prescription for nicotine gums and patchesAs per the existing provisions under Schedule K of Drugs Rules, 1945, nicotine gum and lozenges containing up to 2mg of nicotine are exempt...
- From a cigarette addict, ITC turns into a social smokerFor the first time, cigarette division’s contribution to company’s topline falls below 50%.
- Karnataka HC strikes down 85% pictorial warning rule for tobacco productsPassing its orders, the high court bench held that the Union Health Ministry does not have any jurisdictional power to make such rules.
- Sugary drinks wreck dental hygiene, doctors opine at AIIMS symposiumAll India Institute of Medical Science is organising an international symposium here on -- 'Is Sugar the New Tobacco' -- on November 11.
- Anti-tobacco drive leaves job scene ashen in sectorThe tobacco industry, which employs over 47.5 mn people, directly and indirectly, has been hit by rising taxes in the recent years, straini...
- ITC plans to offer distribution networks to startups for a feeITC plans to offer its distribution network, covering all parts of the country through 4.3 million shops, to startups and FMCG companies.
- Public Health groups unsure on implementation of new tobacco warning ruleHealth groups are growing sceptical on whether the government would enforce a rule that requires cigarette makers to cover 85% of product p...
- ITC wants to create world-class brands: Y C DeveshwarITC wants to create world-class brands for which it would strengthen its FMCG business, chairman of ITC Ltd. Y C Deveshwar, today said.
- Budget 2014: Cigarette makers urge government to not increase excise dutyWorried by falling stock prices cigarette makers are lobbying hard to prevent the government from hiking excise duty for the third straight...
- Ban on cigarettes, tobacco products in offices in ValleyThe Jammu and Kashmir government today announced a ban on entry of persons carrying cigarettes and other tobacco products in its offices in...
- ITC in talks to buy RDB's cigarette bizCigarette-to-hospitality major ITC may buy the de-merged cigarette division of Kolkata-based RDB Industries in a deal worth Rs 300-350 cror...
- Nipped in butt: Tobacco sales up despite banPictorial warnings on cigarette packs too fail to have an impact on smokers.
- Cigarettes from ITC's Nepal JV flood Indian marketTobacco kiosks across the bordering states of Uttarakhand, Uttar Pradesh and Bihar have stocked up brands like Khukuri, Shikhar, Surya and ...
- ITC to invest Rs 15,000 cr for expansionITC Ltd plans to invest about Rs 15,000 crore in the next 5-7 years in other areas such as hotels, agri-business and FMCG as it seeks to tr...
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