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US stocks today: S&P 500, Nasdaq close lower amid mixed show by tech stocks ahead of earningsU.S. markets ended mixed with Nasdaq under pressure as software stocks dragged while chip stocks gained. Investors remained cautious ahead ...- 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...
- ITC's business with BAT grows 10% to Rs 1,587 crore in FY26, but dividend payout falls 9%ITC's business with major shareholder British American Tobacco (BAT) saw a 10% expansion in sales to Rs 1,587 crore in FY26, though dividen...
- ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
- Shopify to ban vapes as US authorities crack down on illegal e-cigarettes industryShopify is poised to ban all vape sales from its platform this week, responding to pressure from U.S. state attorneys general. This move ta...
- Two Trades for Today: A top tobacco and cigarette maker for an 8.6% rise, a large-cap NBFC stock for a 6% gainOur technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
- ITC shares fall 2% after Q4 results. What Goldman Sachs, Morgan Stanley and others are saying?ITC shares slipped on Friday despite a 5% rise in Q4 standalone profit and strong FMCG growth. Brokerages remained cautious, with Goldman S...
- Cigarette makers shifted to biodegradable overwrap on packets, well ahead of plastic banThe ban on single-use plastics, which was announced last year, has come into effect from Friday.
- ITC Q1 results: Profit may rise 10-14%; volume may moderate to 5-6%DFC Securities expects a 3 per cent volume growth for the cigarette maker.
- Cigarette makers fear duty hike in budgetTop players in the tobacco industry have gone into a huddle before the budget, fearing a further hike in excise duties on cigarettes and ot...
- India's biggest cigarette maker ITC shuts plants from May 4 to comply with new pictorial warnings ruleITC shut its plants from May 4 to comply with a new stipulated pictorial warnings rule issued by the central government, the company said i...
- GST effect: Investors dump cigarette makersGodfrey Phillips slipped 4.47 per cent (down 5.56 per cent), followed by VST Industries and Golden Tobacco, which declined 3.18 per cent an...
- Tobacco stocks surge up to 20% on reports of cigarette price hikeGodfrey Phillips surged 13.08 per cent to Rs 800 after ET Now reported that the company would raise cigarette prices by an average of Rs 12...
- ITC, VST Industries rolling out premium variants, smaller-sized cigarettes to protect marginsSince consumers in the entry segment have cut back on cigarette smoking, companies are hopeful these strategies will help them protect marg...
- Budget 2014: Cigarette makers urge government to not increase excise dutyWorried by falling stock prices cigarette makers are lobbying hard to prevent the government from hiking excise duty for the third straight...
- 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.
- Cabinet to take a call on cigarette makers' plea on health warningsProduction halt by companies citing lack of clarity on picture to be used on packaging to hit government revenues, lakhs of workers.
- ITC shuts cigarette units; scrip down 3.5%ITC, India's top cigarette maker, has stopped production in all its units because of lack of clarity about pictorial warnings to be carried...
- Altria may step up acquisitions after Kraft spinoffAltria Group, parent of the world’s largest cigarette maker, will probably accelerate tobacco-company takeovers after spinning off its 89 p...
- Benson & Hedges could soon get a Japanese parentGallaher Group, the fifth-largest publicly traded cigarette maker, received a takeover approach that may lead to the biggest ever European ...
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