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INDIAN CIGARETTE MARKET
Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...04 May, 2026, 12.27 PM IST- Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...29 Apr, 2026, 03.55 PM IST
- 4th richest Indian shrugs off ESG rules to own one-third in a cigarette firmRadhakishan Damani is the fourth richest Indian, with a net worth of $29.4 billion, as per Forbes.13 Oct, 2021, 10.13 AM IST
- Budget 2020: Smokers to pay more on cigarettes, excise duty hiked on tobaccoPrice of cigarettes will go up by 6-7% in case of lower priced packs where the stick size is small and has borne the maximum increase in du...21 Dec, 2020, 09.46 AM IST
- Illegal cigarettes account for one-fourth of market: ReportThe report by tobacco industry body The Tobacco Institute of India (TII), the steep tax increases on cigarettes have provided a boost to il...03 Nov, 2020, 07.08 PM IST
- Buy ITC, target Rs 382: HDFC SecuritiesBuy ITC Ltd. at a price target of Rs 382.27 Sep, 2018, 09.09 AM IST
- Cigarette sales will continue to be under pressure in India: ReportIn case of the economy cigarette segment, total tax accounts for over 75% of the price, while it is 50% in case of premium cigarette brands...12 Oct, 2017, 08.49 PM IST
- Lalit Modi to sell two divisions of Godfrey Phillips, says son Ruchir ModiModi junior said the GPI board has mandated Lalit Modi to spearhead the GPI deal with Credit Suisse as the investment bank.03 Apr, 2017, 12.59 AM IST
- Kerala government to ban e-cigarettesK K Shylaja directed additional chief secretary (health) to issue an order banning the production, sale and advertisement of 'electronic ci...01 Jul, 2016, 11.57 AM IST
- Philip Morris eyes Godfrey Philips brands, tobacco business within FDI rulebookPhilip Morris International has initiated talks with its Indian partner, KK Modi-led Godfrey Philips India (GPI), in an attempt to take con...06 Jan, 2016, 08.16 AM IST
- How increased excise duty on cigarettes has made the Indian market vulnerable to Chinese brandsIn a country where about 102 billion cigarette sticks were smoked in FY15, illegal brands and cheap imports aren’t new, although they’re sp...01 Sep, 2015, 10.57 AM IST
- Smokers cough up more than MRPUnlike most products that face excise duties, this is one item where prices start moving up even before a formal announcement is made in th...29 Jul, 2014, 11.45 AM IST
- Cigarette makers launch smaller price packs to revive marketAnalysts say it's a healthy strategy to focus on smaller sized packs as gross margins are almost the same for both small and big cigarettes.18 Oct, 2013, 04.00 AM IST
- Contraband cigarettes market estimated at Rs 1,900 crore this yearHigh excise duty on cigarettes in India has resulted in the growth of contraband trade of the product with the total market estimated to re...15 Jan, 2012, 04.33 PM IST
- Marlboro man rides into Indian terrainAfter years of coming in through the imported route, the ‘Marlboro Man', as its quintessential mascot is known, has now made India too his ...09 Sep, 2009, 08.21 AM IST
- Low-cost filter cigarette brands burn a hole in fag leaders' pocketsLow-cost filter cigarette brands are rivalling industry leaders like ITC and Godfrey Phillips, which are finding it unviable to sell filter...13 Jun, 2008, 09.00 AM IST
- FDI in tobacco will increase contraband trade: TIIExpressing concern over the possibility of FDI in the Indian tobacco sector, Tobacco Institute of India (TII) has said such a move will not...23 Apr, 2007, 10.20 AM IST
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