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CIGARETTE MANUFACTURER 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...
- India shows that forcing teens off their phones isn’t always goodThe UK's initiative to restrict social media access for individuals under 16 mimics India's stance, rooted in fears surrounding child well-...
- Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sectorAditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players lik...
- 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...
- Strong revenue growth fails to shield India Inc margins in March quarterCorporate India's March 2026 quarter results showed a mixed performance. While revenues grew strongly, input cost inflation and a weaker ru...
- 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...
- In a volatile market, odds do favour contrarians, but only if they have an edge: 4 stocks from different sectors with dividend yield of up to 5.8%When a fundamentally strong business is available at 4% dividend yield, the probability that you will have both dividend and the capital ga...
- GST officers arrest one for Rs 129 crore tax evasion through illegal manufacture, supply of cigarettesInvestigation conducted across Delhi and Haryana revealed that Sharma manufactured and supplied cigarettes under his registered brands 'Nid...
- 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...
- Cigarette stocks rally after Cabinet bans e-cigarettesFollowing the announcement, stocks of cigarette manufacturers in India spiked.
- 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 ...
- 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.
- Lalit Modi to sell two divisions of Godfrey Phillips, says son Ruchir ModiModi junior said the GPI board has mandated Lalit Modi to spearhead the GPI deal with Credit Suisse as the investment bank.
- ITC hits out at large graphic warning rule on cigarette packsThe performance of the cigarettes business during the quarter was subdued on account of continued regulatory and taxation pressures on the ...
- Protest goes up in smoke: ITC to resume cigarette manufacturing after court orderThe Kolkata-headquartered firm had suspended manufacturing at all its five cigarette factories saying there was a lack of clarity in policy.
- Cigarette import curbs likely: End of the road for Camel Marlboro, Benson & Hedges?The move comes two years after India disallowed foreign direct investment in cigarette manufacturing.
- Budget 2012: Raise import duty on cigarettes to 150 pc, demands PHD chamberPHD chamber has asked the govt to hike import duty on cigarettes to 150% in Budget 2012 to check tax evasion through under invoicing of the...
- 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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