cigarette

Godfrey Phillips India (GPI), the second largest cigarette maker, plans to launch new Marlboro variants and manufacture the cigarette locally, as it seeks to boost market share in the Rs

Diversified business group ITC Ltd today said it will resume production of cigarettes only after receiving a formal government notification on what pictorial warning should be printed on packs.

ITC, India’s largest tobacco company, and all other cigarette and bidi manufacturers have stopped production, complaining of lack of clarity in the new law on graphical warnings. As a

Cigarette-to-hospitality major ITC may buy the de-merged cigarette division of Kolkata-based RDB Industries in a deal worth Rs 300-350 crore, according to sources close to the development.

The government today banned foreign direct investment (FDI) in cigarette manufacturing.

"FDI will be prohibited in the manufacture of cigarettes whether it is for domestic consumption

ITC Ltd today said that hike in cigarette prices was inevitable due to imposition of excise duty on tobacco in the Union Budget for 2010-11.

"Increase in cigarette prices is