Philip Morris

Philip Morris raises profit forecast as nicotine pouch demand grows

ZYN has emerged as a bright spot thanks to booming growth, while regular hikes to cigarette prices have helped offset consistent volume declines across the industry

Updated On: 23 Jul 2024 | 11:18 PM IST

Nestle, Philip Morris, gamemaker Sony join move away from Russia amid war

Nestle, Philip Morris and videogame maker Sony joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in West to take stand against Ukraine invasion

Updated On: 10 Mar 2022 | 10:01 AM IST

Cigarette maker Philip Morris to buy UK producer of respiratory treatments

Vectura withdraws support for Carlyle deal; Philip Morris is offering 150 pence in cash for every Vectura share

Updated On: 09 Jul 2021 | 7:41 PM IST

Philip Morris in talks with Altria to create $200-billion tobacco group

Analysts and investors have long speculated that the companies would merge

Updated On: 28 Aug 2019 | 1:42 AM IST

Cigarette maker Philip Morris suspends social media marketing campaign

Philip Morris said its suspension of the social marketing campaign is "concrete proof" of its "conviction to achieve a smoke-free world through socially responsible practices"

Updated On: 12 May 2019 | 12:33 AM IST

FDA clears Philip Morris's heat-not-burn IQOS tobacco device for sale in US

Following a review of about two years, the FDA determined that authorizing the device for sale in the US market was 'appropriate for the protection of public health'

Updated On: 01 May 2019 | 10:27 AM IST

ED investigating Philip Morris, Indian partner Godfrey Phillips: Report

Philip Morris has for years paid manufacturing costs to Godfrey Phillips to make its Marlboro cigarettes, circumventing a nine-year-old govt ban on foreign direct investment in the industry

Updated On: 09 Mar 2019 | 1:47 AM IST

Despite FDI ban, Philip Morris paid Indian partner to make cigarettes

The Indian government in 2010 prohibited foreign direct investment in cigarette manufacturing, saying the measure would enhance its efforts to curb smoking

Updated On: 06 Mar 2019 | 10:03 PM IST

Why Philip Morris anti-smoking ads are being slammed for hypocrisy

Like any other public company, Phillip Morris has a duty to its shareholders, its employees and its manufacturing chain - including tobacco farmers - as well as to its customers

Updated On: 24 Oct 2018 | 10:38 AM IST

Philip Morris to target Indian smokers with pen-like iQOS device: Sources

The health ministry did not respond to a request for comment

Updated On: 08 Jun 2018 | 4:50 PM IST

Philip Morris to fund fight against illegal cigarette trade in India

Philip Morris International has pledged $100 million across three funding rounds of PMI Impact

Updated On: 10 Oct 2017 | 5:57 PM IST

After Philip Morris, Govt threatens ITC with action over alleged violations

The health ministry also sent a letter to ITC Ltd

Updated On: 19 Aug 2017 | 12:15 AM IST

Philip Morris targets India's youth, draws health officials' ire

Govt officials say Philip Morris is using methods that flout nation's tobacco-control regulations

Updated On: 18 Jul 2017 | 5:33 PM IST

Philip Morris looks beyond cigarettes with alternative products

The co said its new IQOS product was a step towards a smokeless future

Updated On: 01 Dec 2016 | 12:52 AM IST