Tobacco

Indian Tobacco Association urges govt to extend RoDTEP benefits to tobacco

The association said that India is well-positioned to become a major player in the global tobacco market if it can harness the emerging opportunities through price competitiveness.

Tobacco Harm Reduction - A Missed Public Health Opportunity for India

Working with consumers to end tobacco’s death toll

ITC delivered superior performance, but market not reflecting it: Sanjiv Puri

Addressing shareholders during the company’s 110th annual general meeting, held virtually on Wednesday, Puri said some of the reasons for this are short-term such as the impact of the pandemic on cigarette, hotel and education businesses, while there are concerns around ESG (environmental, social and corporate governance) even though ITC is already a global exemplar in these and strengthening its credentials with sustainability 2.0 initiatives.

NCLT dismisses minority shareholders plea for forensic audit at Golden Tobacco

The NCLT also dismissed the plea of minority shareholders, who together hold about 28.28%, to set aside a land deal that the maker of Panama cigarettes had entered into at Guntur in Andhra Pradesh.

ITC's cigarette business may light up the stock soon

"We make a lot of jokes (on ITC) and a lot of memes are going around on Twitter but I personally like the stock.​"

ITC diversifying tobacco business into manufacturing of nicotine and nicotine salts

The conglomerate will undertake this new business through a newly set up wholly-owned subsidiary, ITC IndiVision Limited. ITC IndiVision will be setting up a plant near Mysuru in Karnataka to manufacture nicotine and nicotine derivative products.

License needed to sell tobacco products in Uttar Pradesh

According to the government spokesman, the Union Ministry of Health and Family Welfare had sent an advisory letter to all the state governments recommending the licensing of tobacco vendors to the municipal corporation. In view of this, this system has been implemented in UP.

Cigarette makers denying link between smoking and COVID-19 risk, Maharashtra government to High Court

The bench had last month asked the state government if such a link existed, and had said the state should consider a temporary ban on the sale of cigarettes and beedis.

Proposals in COTPA Amendment Bill curtails consumer freedom: Report

The report, released on Thursday by PRAHAR (Public Response Against Helplessness and Action for Redressal), said 82% respondents do not support banning designated smoking areas in airports, hotels, restaurants and equalled the proposed move to 'harassment'.

View: There is a need for high taxes uniformly across all tobacco products

Higher taxes will work in tandem with greater controls, and will help GoI pay for all the direct and indirect costs it incurs due to tobacco consumption. But higher taxes must be uniformly imposed, or users will simply shift from the expensive to cheaper product.

FRAI urges PM Modi to order recall of proposed changes in law on cigarettes, other tobacco products

FRAI, which claims to represent 4 crore micro, small and medium retailers from across India with membership of 34 retail associations from northern, southern, eastern and western part of the country, said small retailers are already reeling under impact of the COVID-19 pandemic and "this fresh attack will be devastating for their families".

Tobacco industry voices concern over govt's draft cigarette and other tobacco products bill

The tobacco industry body, The Tobacco Institute of India (TII), said the draft bill will have far reaching consequences for 4.57 crore people whose livelihood is dependent on this industry. These include small retailers, traders, farmers, tribals and tendu leaf pickers, it said.

Tax on cigarette: India doesn’t tax them enough, below best international practices, says report

India got an overall score of 1.88 out of 5 possible points, which is slightly better than the South-East Asia average (1.82), but lower than the global average (2.07) and scores of top performing countries (4.63), a Tobacconomic report said.

Ensure implementation of new set of health warnings on tobacco products: Centre to states

According to rule five of the Cigarettes and Other Tobacco Products (Packaging and Labelling) Rules, the specified health warning on tobacco product package shall be rotated every twenty-four months.

Lalit Modi's son Ruchir seeks SFIO, Sebi probes into Godfrey Philips

After KK Modi's death on November 2, 2019, his son Lalit Modi, who is now a fugitive in London, had sought sale of the family assets under the terms and conditions of the trust deed executed by his father, which envisages sale of assets if there is lack of consensus among the family members/trustees.