ITC shares fall 3% to fresh 52-week low; Motilal Oswal sees more pain aheadITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Bro...
03 Jun, 2026, 12.01 PM IST
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...
26 May, 2026, 06.17 AM IST
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...
29 Apr, 2026, 02.23 PM IST
IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
21 Apr, 2026, 05.30 AM IST
FMCG sector set for steady Q4 on rural demand and volume growthThe FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segme...
20 Apr, 2026, 06.01 AM IST
Cigarette prices jump as new excise regime kicks in, stoking smuggling fearsCigarette prices have significantly increased following a new excise duty. This tax hike, the first in seven years, aims to align India's t...
02 Feb, 2026, 12.09 PM IST
Classic, Gold Flake or Marlboro: How your cigarette bills may get costlier from February 1From February 1, 2026, cigarettes will cost more -- and it’s not just the brand that matters. Short sticks see smaller hikes, but king-size...
01 Jan, 2026, 02.27 PM IST
Cigarette demand likely to rise by 7-9 pc this fiscal: CrisilThe return of employees to offices and a stable tax regime are expected to increase cigarette demand by 7-9% this fiscal year, according to...
21 Sep, 2023, 04.44 PM IST
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...
12 Oct, 2017, 08.49 PM IST
ITC increases cigarette prices by 4-8% as a result of higher taxA 20-cigarette pack of Classic and Gold Flake Kings will now cost Rs 300, compared with their earlier maximum retail price of Rs 278.
25 Jul, 2017, 10.36 AM IST
Cigarette prices set to go up by 9% after higher cessThe Tobacco Institute of India said this will put severe pressure on the legal cigarette industry by leading to increased smuggling and ill...
18 Jul, 2017, 11.35 PM IST
Cigarette industry body wants GST Council to roll back tax increaseThe GST Council at its meeting on Monday increased the compensation cess rate on various segments of cigarettes ranging from Rs 485 to Rs 7...
18 Jul, 2017, 08.03 PM IST
Government needs to introduce tobacco regulation to prevent trade in illegal cigarettesSales volume has declined by as much as 15 per cent in the last two quarters, with the affordable sub-65 mm length cigarettes prices having...
01 Sep, 2015, 03.48 PM IST
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...
17 Jun, 2015, 03.24 AM IST
Budget 2015: Cigarette prices raised even before companies’ notificationIn last budget, duty on cigarettes was up by 11-72%. This time, it is 25% on cigarettes of length not exceeding 65 mm & 15% for cigarettes ...
10 Mar, 2015, 12.56 PM IST
Smokers cough up more than MRPUnlike most products that face excise duties, this is one item where prices start moving up even before a formal announcement is made in th...
29 Jul, 2014, 11.45 AM IST
- VST Industries: Analysts remain bullish, despite continuation of poor performance
According to a report after the results, company’s cigarette volumes in the March quarter fell 15% y-o-y and for FY13 they were down 12%.
25 Apr, 2013, 12.25 PM IST