Cigarette

Revenue from operations in consolidated terms grew to ₹14,240.76 during the quarter under review, as opposed to ₹10,478.46 crore in the same quarter last year

The 35 goods, which will be left in 28% slab once the new GST rates are implemented from 27 July, include AC, digital camera, cement, automobile parts, tyres, motor vehicles. aerated drinks, tobacco and cigarette

According to the India-specific report by FSFW, 68% of smokers reported that they were well informed about the impact of smoking on their health, and 51% were willing to quit it

ITC profit rose to Rs2,561 crore in its first quarter ended 30 June from Rs2,385 crore a year earlier

Other cigarette companies VST Industries, Golden Tobacco and Godfrey Phillips India jumped up to 4% too

Researchers at University of California did not find any evidence that e-cigarettes have caused youth smoking to decline in the US

In previously unreported letters from Philip Morris, the firm said the 'discriminatory' and 'protectionist' proposals would represent a blow to its investment plans in India

As per the proposal, the ministry has proposed to ban FDI in licensing for franchisee, trademark, brand name and management contracts in the sector, say people aware of the development

In the year to December, cigarette sales dropped to 88.1 billion sticksa 15-year low and a decline of 8.2% from 95.9 billion sticks sold in 2014, says Euromonitor study

CII, FICCI wrote letter to Nadda seeking the minister's intervention to resolve the uncertainty that tobacco companies are facing