Philip Morris International’s India affiliate appoints Navaneel Kar as managing directorNavaneel Kar has been appointed as the managing director of Philip Morris International Indian operations, IPM India. Prior to this role, h...
11 Jan, 2024, 07.23 PM IST
Ferrari CEO resigns 2 years after replacing Sergio MarchionneChairman John Elkann will take over until a successor is named, Ferrari said in a statement. Louis Camilleri, who took over as CEO in 2018 ...
11 Dec, 2020, 05.35 PM IST
Godfrey Phillips India Q1 results: Net profit falls 54% to Rs 55 croreGodfrey Phillips' total income from operations during the April-June quarter stood at Rs 503.60 crore, down 41.33 per cent, compared with R...
22 Aug, 2020, 03.17 PM IST
Godfrey Phillips' cigarette plant located in Navi Mumbai resumes production"Our plant at Rabale, Mumbai, has resumed manufacturing operations to produce for export purposes in accordance with the order issued by th...
10 Aug, 2020, 01.09 PM IST
Godfrey Phillips' arm partially resumes production at Ghaziabad plantInternational Tobacco Co Ltd, which does contract manufacturing exclusively for the company, resumed partial operations with restricted cap...
19 May, 2020, 03.36 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
Russia's recession is so bad it's changing people's smoking habitsThe decline in cigarette industry volume accelerated to 4.2 per cent in the quarter resulting in a June year-to-date decrease of 6.5 per ce...
22 Jul, 2015, 12.14 PM IST
Hindustan Unilever Ltd appoints Kalpana Morparia an independent directorMorparia is an independent director on the boards of several companies including Dr Reddy's Laboratories Ltd, Bennett Coleman & Company Ltd...
09 Oct, 2014, 08.12 PM IST
- Godfrey will soon sell Marlboro in India
Cigarette company Godfrey Phillips India (GPI) — the joint venture company between the KK Modi Group and international tobacco giant Philip...
10 Jun, 2009, 01.00 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
- 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
- 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