Shares of ITC, Godfrey Phillips, and VST Industries will be in focus on Monday, February 3, after the Finance Minister kept excise duty/NCCD on cigarettes and other tobacco products unchanged in ...
with the long-term trends showing continued decline in tobacco usage across the world. Acknowledging that, ITC has been reducing its reliance on the cigarettes business, with their revenue ...
Keeping with its trend of appointing young executives in key roles, ITC has appointed 49-year-old Sandeep Kaul as chief executive of the cigarette business. IIM-Ahmedabad alumnus, Kaul has played ...
ITC share price: International brokerage firm Jefferies sees the upcoming Union Budget as a crucial event for tobacco taxation. The brokerage is factoring in a potential 5% hike in the effective ...
ITC’s gross cigarette sales rose 8% year-on-year to ₹8,940 crore, while Godfrey Phillips, a pure-play tobacco major, posted a sharp 27% year-on-year increase in core revenue, reaching ₹1,896 ...