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PHILIP MORRIS
US Stock Market: Earnings season gathers pace as AI heavyweights, chipmakers take centre stageUS corporate earnings season is set to accelerate this week with key tech giants announcing their results for this quarter. Investors antic...- Wall Street Week Ahead: Alphabet, Intel results in focus for AI trade as US earnings rev upCorporate earnings season is gaining momentum with key tech updates expected soon. Investors anticipate strong profit growth, which has sup...
- India customs becomes second agency to fight Adani over nicotine pouchesIndian customs authorities support the health ministry's stance against Adani Group's airport nicotine pouch sales. The customs department ...
- India seeks to quash Adani airport's nicotine pouch court challenge citing illegality, health riskIndia's government argues Adani Group's airport sale of nicotine pouches violates drug laws. The government asserts these sales pose a seri...
- FDA issues modified risk orders for 20 ZYN nicotine pouch productsThe FDA has authorized Philip Morris International's ZYN nicotine pouches for reduced-risk marketing. This marks the first such approval fo...
- BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
- Philip Morris India calls for stronger enforcement and collaboration to disrupt illicit tobacco ecosystemAs per the Tobacco Institute of India (TII), in India, illicit cigarettes represent nearly one-fourth of the domestic market, with estimate...
- US Stocks: Philip Morris trims annual profit forecast amid nicotine pouch uncertaintyPhilip Morris International cut its annual profit forecast on Wednesday amid regulatory uncertainty over its Zyn nicotine pouches and risin...
- India sticks to e-cigarette ban in snub for Philip MorrisIndia has firmly rejected Philip Morris International's extensive lobbying efforts. The government will not relax its 2019 ban on e-cigaret...
- Philip Morris weighs cigar sale amid smoke-free shiftPhilip Morris International is considering a sale of its US cigar business, with hopes of fetching over $1 billion. This move aligns with t...
- Godfrey Phillips India shareholders reject proposal to sell unmanufactured tobacco to Philip Morris ProductsAs many as 57.94 per cent of the shareholders present at Godfrey Phillips India's annual general meeting on September 1 voted against the "...
- Philip Morris says Indian partner charges machinery costs; calls it 'business expense'Philip Morris and Godfrey have said they comply with Indian rules.
- Philip Morris paid for India manufacturing despite ban on foreign investmentIndia has 106 million smokers, second only to China, and a young demographic makes it an attractive market for tobacco companies.
- Philip Morris International appoints Alexander Reisch as IPM India Wholesale Trading MDIPM India Wholesale Trading is a joint venture between Philip Morris Brands Sarl of Switzerland, Godfrey Phillips India and K.K. Modi Inves...
- KK Modi eyes 51% in Godfrey PhillipsThe KK Modi group is set to wrest majority control in cigarette maker Godfrey Phillips India (GPI) from American tobacco major Philip Morri...
- KK Modi to buy partner's 10.8% in GodfreyThe KK Modi Group is acquiring a 10.8% stake in Godfrey Phillips India (GPI) from joint venture partner Philip Morris for an estimated Rs 1...
- Philip Morris, Modis settle Marlboro rowThe two companies had clashed in 2003 after Philip Morris bypassed its Indian partner and struck an arrangement with a local distributor to...
- Godfrey Phillips may make, sell MarlboroPhilip Morris is in discussions with KK Modi-led GPI to manufacture and mkt marquee cigarette brand Marlboro through GPI’s facilities. Stat...
- Modi denies sell-off plansIn context, it may be mentioned that speculation has surfaced once again about Philip Morris renewing an offer to Modis since they got back...
- Philip Morris may go soloUS cigarette major seen interested in buying out partner in Godfrey Phillips, but Modis deny move.
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