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| ITC: Cigarettes steal the show | 29-JUL-09 |
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| The June 2009 quarter is the sixth consecutive quarter in which ITC has reported losses of around Rs 100 crore for the non-cigarette FMCG business. While the losses in themselves are about 19 per cent, what is disconcerting is that the foods segment isn’t quite gaining the kind of momentum that it should be. |
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| A patch up? Really? | 25-JUL-09 |
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| There are several ugly faces of fashion: anorexic models who survive on cigarettes and coffee is just one such instance. But, by far the ugliest thing that has happened to Indian fashion is the ongoing fight between the various “bodies”. Two bodies — FFI and the government mandated FDPC — have triumphantly announced that they have now merged and will work for the betterment of fashion. |
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| ITC Q1 net up 17.36% at Rs 879 cr | 23-JUL-09 |
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| ITC, a multi-business conglomerate having presence in cigarettes, hotels, speciality papers and packaging, has posted a rise of 17.36 per cent in its profit after tax for the quarter ended June 30, 2009 at Rs 878.70 crore as compared to Rs 748.67 crore in the corresponding quarter a year ago. The company's total income during the period stood at Rs 4,220.49 crore as against Rs 4,014, up 5.14 per cent. |
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| KIT: The Indian tobacco industry | 02-JUN-09 |
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| India is the second- largest producer of tobacco in the world after China. However, it holds a meagre 0.7 per cent share of the $30-billion global trade in tobacco. |
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| Tobacco products warning rules from May 31 | 06-MAY-09 |
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| The Supreme Court today recorded the undertaking of the central government that the the Cigarette and Other Tobacco Products (Packaging and Labelling) Rules will be implemented from May 31 and there will be no further extensions. |
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| ITC: FMCG blues | 21-NOV-08 |
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| With operating margins under pressure, profits may grow at a slower pace this year. |
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| Cheap cigarettes flood Kerala | 01-SEP-08 |
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| Filter cigarette brands, unheard of earlier, make inroads into the market share of big tobacco companies; sources say these are cheaply priced as tax evasion is rampant. |
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| High taxes take toll on cigarette output | 14-MAR-08 |
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| Weighed down by higher taxes in the past three years, cigarette production has declined for the first time in 2007-08. According to the Tobacco Board of India, the cigarette production has dipped by 1 |
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| UP govt's duty on cigarettes worries industry | 07-JUN-07 |
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| Cigarette manufacturers across the country are worried that the excise duty of 32.5 per cent levied by the Uttar Pradesh (UP) government will lead to a rampant increase in smuggling of cigarettes into |
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