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Psychology says people who skip self-checkout aren't inefficient; they may be holding onto a small social need the machine quietly erasedSmall, everyday interactions with acquaintances significantly boost happiness and belonging, research reveals. Even brief, warm exchanges w...
Ivanka Trump 'swam' to a 1,400-Hectare Mediterranean island. Now she and Jared Kushner are building a $1.5 billion resort thereIvanka Trump and Jared Kushner are spearheading a massive luxury tourism development on Albania's Sazan Island, a former military outpost. ...
Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...
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...
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
Global Markets | European shares climb to one-month high as Middle East peace hopes emergeEuropean shares rallied to their highest intraday level in over a month on Tuesday, as investors welcomed signs of possible Middle East pea...
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.
ITC Q4 preview: Net profit may fall 2% YoY, operating margin likely to shrinkThe company’s net sales in the reporting quarter may see a growth of 12.2 per cent on-year to Rs 12,169.7 crore aided by the low base of th...
Shorts pile up on ITC counter; but a neutral Budget can send it soaringThis time around, there are heightened concerns after the government proposed a new cigarette policy that could severely dent the prospects...
ITC still mainly a cigarette company, and still a dividend stockHigh taxation has been a major pain point for the country’s top cigarette-selling company.
ITC net up 12.6%, operations revenue slowsEarnings climbed to Rs 3,173.94 crore from Rs 2,818.68 crore a year earlier.
Godfrey Phillips Q4 profit fall 18% to Rs 35.36 croreThe company had reported a profit of Rs 43.11 crore in the January-March quarter a year ago.
ITC jumps 2% after hiking prices of select brandsThe leading cigarette make has increased the prices by about 7 per cent to 14 per cent on these brands.
Cigarette price hikes key to ITC stock performance: Morgan StanleyThe firm has retained overweight rating on the stock with a target price of Rs 320.
After two years of decline, cigarette sales likely to rebound this yearIndustry expects the sales to grow by 5-6 per cent this year bringing relief to revenue which was battered due to recurrent measures by the...
Pakistan losing Rs 24 billion due to illicit cigarette trade: ReportThe pricing and regulatory differential with neighbouring Afghanistan also plays a key role in the continued inflow of smuggled cigarette i...
WHO wants to ban e-cigarettes indoorsReport also demands that restrictions be placed on advertising and the sale of e-cigarettes to minors, as well as highlighting the need for...
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.
- What is pushing ITC towards record highs?
The FMCG major has been investors’ darling so far in the year 2013, hitting record highs on a regular basis.
- Puffing ITC non-filter cigarettes to cost dear
The company would only look at a price hike if the conversion rate to filter cigarettes is quite low.