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...
24 Jun, 2026, 12.29 AM IST
ITC Q4 results: After margin surprise, all eyes now on cigarette tax impact, says Gaurang ShahITC Limited reported a steady March quarter. Strong operating margins were a key positive. EBITDA margins exceeded expectations. The compan...
22 May, 2026, 11.17 AM IST
ITC Q4 preview: Will cigarette slowdown, tax hit weigh on earnings despite FMCG strength?ITC is expected to deliver a muted Q4 as cigarette volumes stay flat and higher taxes weigh on margins, despite strong double-digit growth ...
20 May, 2026, 12.16 PM IST
ITC, Godfrey Phillips shares rally up to 7% on reports of 17% hike in cigarettes priceITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much...
29 Apr, 2026, 02.23 PM IST
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...
20 Apr, 2026, 09.47 PM IST
Explained: Why ITC shares jumped after GST overhaul hit cigarettesITC Limited shares experienced a surge following the government's GST revision. The GST Council is streamlining tax slabs, potentially bene...
04 Sep, 2025, 11.53 AM IST
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 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
How ITC succeeded in pivoting from its traditional tobacco business to FMCG under Sanjiv PuriA look at ITC’s top line shows the revenue share of its tobacco business has nearly halved—from 62% in FY14 to 37% in FY23. This change can...
11 Dec, 2023, 09.15 AM IST
ITC shares fall as GST Council rejects tobacco industry's proposal to reconsider compensation cessThe tobacco industry had sought "uniform additional compensation cess on cigarettes, compensation cess on bidis, additional compensation ce...
04 Oct, 2023, 03.30 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
Devraj Lahiri to head ITC's cigarette businessErstwhile chief executive Sandeep Kaul has become a corporate management committee member for ITC overseeing businesses like tobacco, match...
12 May, 2022, 09.51 AM IST
LIC has faced objections to tobacco investmentsAn independent board member had raised the issue of LIC investing in a tobacco company in 1997.
15 Apr, 2017, 11.53 AM IST
Outgoing chief executive YC Deveshwar bets on tobacco biz for ITC shareholders' goodDeveshwar, who will relinquish his executive roles in February and would become a non-executive chairman, said, "We are not competing withi...
22 Jul, 2016, 07.53 PM IST
ITC forays into E-cigarettes segment, will be rolled out pan-India in phasesITC group has forayed into electronic cigarettes to offset shrinking sales of its conventional tobacco cigarettes due to recurrent price in...
15 Aug, 2014, 04.00 AM 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
ITC stock plunges: Main business vulnerable to threats of regulationTobacco continues to be the company's bread and butter and an area that is being threatened by regulation and heavy taxation across the wor...
16 Aug, 2012, 04.12 PM IST