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CIGARETTE MAKERS INDIA
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...
- On their toes: Brands step up anti-counterfeit drive as fake products flood marketsCompanies are fighting a rising tide of fake goods. Brands from toothpaste to cigarettes are changing packaging and tightening checks. Coun...
- Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...
- ITC, Godfrey Phillips shares rally up to 7% on reports of 17% hike in cigarettes priceITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much...
- 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 ...
- 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.
- Cigarette sales will continue to be under pressure in India: ReportIn case of the economy cigarette segment, total tax accounts for over 75% of the price, while it is 50% in case of premium cigarette brands...
- After cigarette, beedi makers stops productionThe body said the curved area and wrapping paper edges of beedi pack prevents printing on a reasonably large area of the curved surface.
- 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 says fiscal challenging for cigarette businessThe company said it has focused on building flexibility and agility across the supply chain to ensure delivery of volume and variety.
- 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 2015: Smokers hit hard as excise duty on cigarettes and cigars hikedSmoking will become costlier yet again with excise duty on cigarettes and cigars being hiked for the fourth consecutive year.
- 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...
- IDFC MF scheme buys Godfrey Phillips shares for Rs 69 croreIDFC Premier Equity Fund today acquired a total of 2.50 lakh shares of leading cigarette maker Godfrey Phillips India for an estimated Rs 6...
- Budget 2013: Cigarettes, cigars to become costlier by 15%As per Budget proposal, prices of entry-level smaller cigarettes, which are of the sub-65 mm length, will remain unchanged.
- 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.
- Low-cost filter cigarette brands burn a hole in fag leaders' pocketsLow-cost filter cigarette brands are rivalling industry leaders like ITC and Godfrey Phillips, which are finding it unviable to sell filter...
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