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CIGARETTE INDUSTRY TAX INCREASE
Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...05 Nov, 2026, 03.30 PM IST- Digital brands, premium FMCG to drive ITC's growth ambitionsAmid challenges in its cigarettes business, ITC is focusing on expanding its non-cigarette offerings. The FMCG segment has shown significan...05 Nov, 2026, 06.57 AM IST
- ITC shares jump 6% in two days after Q2 results. More upside ahead?ITC shares rose to Rs 283.5 apiece on NSE on Wednesday morning, the highest level seen by the stock in nearly three months. The stock has n...04 Nov, 2026, 11.35 AM IST
- ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on prof...03 Nov, 2026, 09.35 AM IST
- Ambani tops Forbes' global billionaire gainers list with $6 bn wealth jump as Reliance shares soarMukesh Ambani has become the largest wealth gainer globally, adding USD 6 billion to his fortune. Reliance Industries shares surged 11.6 pe...03 Nov, 2026, 09.09 AM IST
- ITC Q2 net profit falls 20% as high taxes keep margins in checkITC reported a 20% decline in standalone net profit for the September quarter despite a 45% increase in revenue. The rise in cigarette taxa...03 Nov, 2026, 07.29 AM IST
- Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun PharmaIndian equity benchmarks experienced gains, with Nifty nearing the 23,500 resistance level and strong corporate earnings reported. ITC face...03 Nov, 2026, 06.00 AM IST
- ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70%ITC Ltd has reported a significant increase in its digital-first and organic FMCG portfolio, achieving over 70% year-on-year growth. Howeve...02 Nov, 2026, 09.12 PM IST
- ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earning...02 Nov, 2026, 07.34 PM IST
- GST decriminalisation decisions set benchmark for trust-based governance: CIIThe Confederation of Indian Industry praised the GST Council's recent decisions aimed at decriminalising certain offences. The Council reco...02 Nov, 2026, 10.01 AM IST
- ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes biteITC is expected to report a weak Q2, with brokerages forecasting an 8% decline in cigarette volumes and a drop of up to 29% in cigarette op...02 Nov, 2026, 08.46 AM IST
- Sun Pharma’s specialty portfolio, Organon deal to drive growthSun Pharmaceutical achieved notable revenue growth in the September quarter, driven by strong performance in India and specialty medicines....02 Nov, 2026, 06.48 AM IST
- Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorpIndian equity benchmarks closed higher on Friday, with significant gains recorded in the Nifty 50 and BSE Sensex. Several major companies, ...02 Nov, 2026, 06.00 AM IST
- CII calls for GST-like reforms in land, labour & local approvalsCII has called for extending the GST Council's approach to decriminalise offences in various sectors. This move aims to enhance ease of doi...02 Nov, 2026, 01.09 AM IST
- Horizon Industrial Parks leases record 2.5 million sq ft in Q2, revenue rises 30%Horizon Industrial Parks achieved a 30% increase in revenue, reaching Rs 215 crore for the quarter. The company leased 2.5 million sq ft, e...29 Oct, 2026, 06.10 PM IST
- Abolish LTCG, rationalise STCG, STT rates on equities: PHDCCI to Finance MinistryPHDCCI has recommended abolishing Long Term Capital Gains tax and modifying short-term capital gains taxes. The chamber suggests increasing...29 Oct, 2026, 03.17 PM IST
- Akasa Air hikes pilots' salaries by up to 15% to retain themThe revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from firs...29 Oct, 2026, 01.36 AM IST
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