The material is composed of cigarette stubs, separated into fibres and cleaned and bleached after being gathered from the city streets where they had been discarded along with millions of others
However, the counter has lost over 5 per cent from its recent high of Rs 346.25 hit on September 23, 2022 and has underperformed the S&P BSE Sensex, which has lost nearly 2 per cent since then
ITC has launched two brands - Storii, in the boutique premium segment, offering immersive experiences, and Mementos, a collection of unique luxury properties across destinations
ITC Chairman and Managing Director Sanjiv Puri's three years in charge have seen structural shifts that steadied the cigarettes to hotels major against a tough business environment
Canada is poised to become the first country in the world to require that a warning be printed on every cigarette. The move builds on Canada's mandate to include graphic photo warnings on tobacco products' packaging -- a policy that started an international trend when it was introduced two decades ago. "We need to address the concern that these messages may have lost their novelty, and to an extent we worry that they may have lost their impact as well," Minister of Mental Health and Addictions Carolyn Bennett said at a news conference Friday. "Adding health warnings on individual tobacco products will help ensure that these essential messages reach people, including the youth who often access cigarettes one at a time in social situations, sidestepping the information printed on a package." A consultation period for the proposed change is set to begin Saturday, and the government anticipates the changes coming into force in the latter half of 2023. While the exact messaging printed
New Zealand plans to ban young people from ever buying cigarettes in their lifetime in one of the world's toughest crackdowns on tobacco.
Vectura withdraws support for Carlyle deal; Philip Morris is offering 150 pence in cash for every Vectura share
Even as Covid protocols restrict international and domestic transport, the cross border crime syndicates continue to make big money by smuggling truck loads of 'sin goods' into India
Cigarette maker Godfrey Phillips India Ltd on Saturday reported an 8.09 per cent increase in its consolidated net profit
Farmers' body asked PM Modi to recall the proposed bill to amend the law regarding cigarettes and other tobacco products
India has over the years introduced tobacco controls and launched campaigns to deter its use, but enforcement of the law has been a challenge
Federation of Retailer Association of India, a representative body of micro, small and medium retailers urged PM to order recall of proposed amendments in law on cigarettes and other tobacco products
Analysts view the development as negative for ITC, Godfrey Phillips and VST Inds
Already the world's largest cigar producer, Dominican Republic is on track to export a record $1 billion worth of tobacco products this year
Document calls for structural modification in workplaces, installation of physical barriers such as clear glass.
A tax overhang and ESG concerns over cigarettes have been among key factors hurting investor sentiment
It is learnt that ITC has five cigarette manufacturing plants across Kolkata, Munger, Saharanpur, Ranjangaon and Bangalore
The commerce dept has reportedly suggested to the finance ministry that the upcoming Budget prohibit purchase of cigarette cartons at duty-free shops.
The ministry, as per the sources, has also recommended to the Finance Ministry that purchase of cigarette cartons at duty-free shops should be prohibited
The bill seeks to replace an ordinance the government had issued on September 18 banning the use of e-cigarettes