ITC tanks 5% as BAT mulls stake sale
Shares of ITC drop 5% as British American Tobacco reviews its stake.
Shares of ITC drop 5% as British American Tobacco reviews its stake.
Nine-member group to develop roadmap for tobacco tax policy to help India comply with WHO norms.
The passing away of ITC chairman Y.C. Deveshwar marks the end of an era for ITC which he saw as an Indian multinational. Sanjiv Puri has now been named the new chairman and MD of the company.
The tobacco-to-hotels conglomerate’s improved performance during the second quarter of fiscal 2018-19 was driven by higher revenue from business verticals including hotels, tobacco and consumer goods.