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TOBACCO FIRMS
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...- These 6 banking stocks have an upside potential of up to 30% in 1 year, according to analystsIt is a question often heard on the street: Which is better, private or PSU banks? To some extent, it is a meaningless question. Both priva...
- 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...
- From machine tools to military tech: German industry dons fatiguesDefence and security-related firms for the first time have their own section at the world's top industrial fair in Hanover this week -- a s...
- DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraudDGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...
- Sector rotation underway: 3 themes to watch for your portfolio, says Devang MehtaIndia's stock markets are experiencing a sector rotation, with consumption stocks like tobacco and alcobev surging after years of quiet. In...
- Will suggest correction of duty inversion in some electronics and leather goods: Rajesh Kumar Singh, DPIITDPIIT plans to address duty inversion in electronics and leather goods in the upcoming customs duty review and may crack down on tobacco fi...
- Karnataka’s municipal bodies barred from engaging with tobacco firms on public campaignsThe notification from the Municipal Administration department follows a direction from the Centre to all states to draw up a code of conduc...
- 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.
- DIPP calls meeting of stakeholders on FDI in tobacco sectorCurrently, FDI is prohibited in manufacturing of cigars, cigarettes and tobacco substitutes. However, it is permitted in technology collabo...
- State insurers need not pare investments in tobacco companies like ITCLast month, 7 persons had filed a PIL in the Bombay HC against IRDAI, and five state-run insurance companies for investing in tobacco compa...
- Globally, insurers have small holding in tobacco firms, but some moving awayIn most cases the insurance companies are privately owned with a clear profit motive, and their stakes are limited to 2-3% of the total sha...
- Govt plans to stop financial support to tobacco firmsThe move assumes significance as India has so far been firm on its anti-tobacco stand and has implemented a higher tax regime as well as la...
- Government should ensure total ban on FDI in tobacco, demands Crusade Against TobaccoAsking the Centre to "urgently plug all loopholes in the FDI policy on tobacco" in order to ensure a comprehensive ban, as the health of th...
- CSR by tobacco companies: Brand promotion or social welfare?The new Companies Act makes it mandatory for all major corporate entities to spend at least 2 per cent of profit on CSR (Corporate Social R...
- Tobacco pictorial warnings will be bigger: GovernmentThe statements of the two BJP members that there was no Indian study to link use of tobacco with cancer had triggered a row recently.
- Police plan to turn Kerala capital 'tobacco-free'City Police Commissioner H Venkitesh said major state-run firms & their premises would be declared smoke-free zones & strict vigil would pu...
- Post tax hike on cigarettes, tougher anti-tobacco law in the offingFrom banning branding on cigarette packets to raising the age limit on tobacco consumption, the government is considering many amendments t...
- Gutkha ban: Health Ministry mulls penalising companies for ad blitzHealth Ministry is mulling to penalise firms manufacturing smokeless tobacco products for violating key provisions of food safety law.
- Mutual funds stub out tobacco stocks!Whether or not smokers take warnings against tobacco use seriously, mutual funds are slowly kicking the habit - by halving their exposure t...
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