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
Brazil presidential election results: Five economic challenges facing re-elected President LulaBrazil's economy is encountering significant challenges as President Lula starts his fourth term in January. Soaring public debt and rising...
26 Oct, 2026, 06.37 AM IST
ITC shares rise 2% a day after hitting a 52-week low following GQG’s Rs 9,395 crore stake sale. What lies ahead?ITC shares rose after Rajiv Jain-backed GQG sold shares worth Rs 9,395 crore, reducing its stake amid a sharp stock decline. Cigarette tax ...
09 Oct, 2026, 09.53 AM IST
Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this yearITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds...
08 Oct, 2026, 08.07 PM IST
ITC shares slide 3% on block deal buzz; FMCG giant down 29% in 2026ITC shares witnessed a drop on Thursday amid reports of likely block deals, with nearly 39 crore shares changing hands across the NSE and B...
08 Oct, 2026, 11.02 AM IST
Largecap safety trade? 8 Nifty stocks test investor patience with losses for two yearsOver the past two years, eight Nifty stocks have experienced declines, with notable IT giants like TCS and Infosys pressured by shifts in c...
09 Sep, 2026, 09.31 AM IST
ITC Q1 earnings hit by cigarette tax burden; FMCG, paper businesses offer supportITC's June 2026 earnings fell due to higher cigarette taxes and disruptions. Resilient growth in the consumer segment cushioned the overall...
04 Aug, 2026, 05.58 AM IST
Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...
02 Aug, 2026, 12.48 PM IST
ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitabilit...
30 Jul, 2026, 01.01 PM IST
ITC charts growth strategy as cigarette tax hike hits stockITC Chairman Sanjiv Puri said the company is tackling higher cigarette taxes through calibrated price hikes, product innovation and diversi...
23 Jul, 2026, 07.08 PM IST
Cigarette tax hike may boost illicit trade, hurt employment and tax revenue: ReportWith the new excise tax on cigarettes set to drive up prices, authorities may unwittingly trigger a rise in clandestine cigarette trade. Th...
04 Feb, 2026, 04.40 PM IST
Cigarette prices: FAIFA says duty hike on tobacco products will hurt farmers, fuel smugglingThe Federation of All India Farmer Associations (FAIFA) criticizes the government's increased excise duty on tobacco products, warning it w...
02 Jan, 2026, 12.17 PM IST
ITC hit by 6 brokerage downgrades as cigarette tax hike darkens earnings outlook. Should you buy, sell or hold?Brokerages have turned sharply cautious on ITC after the government’s steep hike in cigarette excise duties, triggering downgrades, earning...
02 Jan, 2026, 09.32 AM IST
Budget 2025: Will FM Nirmala Sitharaman increase 'sin tax'?The Indian government held steady on sin taxes for tobacco in the latest budget. Cigarette taxes remained unchanged. A proposed 35% GST on ...
20 Dec, 2024, 03.25 PM IST
Uttar Pradesh, Karnataka and Maharashtra paid maximum tax for tobacco itemsIndia's central government has collected the highest amount of taxes from tobacco and tobacco products from the populous states Uttar Prade...
25 Jul, 2023, 03.23 PM IST
Cigarette taxes are discriminatory: Kurush GrantDiscriminatory taxes on cigarettes have not helped reduce the tobacco consumption in the country, says ITC divisional chief executive (toba...
28 Sep, 2009, 12.52 AM IST