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...
22 Apr, 2026, 07.33 PM IST
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...
11 Feb, 2026, 02.19 PM IST
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...
03 Mar, 2025, 03.02 PM IST
Philip Morris bids $16 billion for Swedish Match in quest for alternatives to cigarettesSwedish Match shares hit a record high on Tuesday after PMI confirmed reports it was in talks to buy the Swedish firm, betting on the fast-...
11 May, 2022, 01.31 PM IST
Philip Morris says Indian partner charges machinery costs; calls it 'business expense'Philip Morris and Godfrey have said they comply with Indian rules.
13 Mar, 2019, 10.38 PM IST
Godfrey Phillips rejects FDI norms violation allegations; says in complete compliance with lawGodfrey Phillips has an exclusive procurement and supply agreement with Philip Morris International to manufacture and distribute Marlboro ...
11 Mar, 2019, 11.20 PM IST
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.
06 Mar, 2019, 02.07 PM IST
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...
10 Dec, 2018, 12.42 PM IST
Godfrey Phillips gains 4% on takeover talks with Phillip MorrisGlobal tobacco giant Philip Morris International has initiated talks with Godfrey Philips India (GPI) take control of the cigarette brands.
06 Jan, 2016, 09.58 AM IST
Wipro bags $35-million IT outsourcing contract from Philip Morris“Wipro can confirm it has secured an infrastructure management services contract from Philip Morris International,” Wipro said.
05 Sep, 2014, 05.19 AM IST
- KK Modi to buy partner's 10.8% in Godfrey
The 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...
26 May, 2009, 01.35 AM IST
- Philip Morris, Modis settle Marlboro row
The two companies had clashed in 2003 after Philip Morris bypassed its Indian partner and struck an arrangement with a local distributor to...
28 Apr, 2009, 01.08 AM IST
- Philip Morris International to buy Canada's Rothmans
Philip Morris International said Thursday it has struck a friendly matchup with Canadian tobacco company Rothmans Inc in a two billion Cana...
01 Aug, 2008, 02.47 AM IST
- Godfrey Phillips may make, sell Marlboro
Philip Morris is in discussions with KK Modi-led GPI to manufacture and mkt marquee cigarette brand Marlboro through GPI’s facilities. Stat...
28 Jan, 2008, 04.20 AM IST
- Modi denies sell-off plans
In context, it may be mentioned that speculation has surfaced once again about Philip Morris renewing an offer to Modis since they got back...
28 Jan, 2008, 01.58 AM IST
- Philip Morris may go solo
US cigarette major seen interested in buying out partner in Godfrey Phillips, but Modis deny move.
14 Sep, 2007, 09.30 AM IST
- Altria may spin off global arm of cigarette business
The board of the parent company of Philip Morris USA and Philip Morris International is to meet next week to decide whether to spin off the...
27 Aug, 2007, 03.08 AM IST