ITC of India reported a net profit of INR19.28 billion ($350.3 million) in the quarter ending March 31, up 19.45 percent from the comparable quarter last year. The company’s non-tobacco FMCG business contributed a net profit of INR118.7 million during the quarter, compared with a net loss of INR166.8 million in the 2012 quarter. ITC’s [...]
The Tobacco Board of India has increased Karnataka’s authorized 2013–14 crop size by about four percent on that of 2012–13, according to a report in the latest issue of the BBM Bommidala Group newsletter. The crop size has been set at 102 million kg, up from 98 million kg in 2012–13 and 100 million kg [...]
In an unusual move that has attracted some criticism, India’s Uttar Pradesh state government has slashed the VAT on cigarettes and cigars from 50 percent to 25 percent. According to a report in the latest issue of the BBM Bommidala Group newsletter, the decision to reduce VAT was taken at a meeting of the state [...]
At a meeting with the filmmaker on April 17, the Indian Ministry of Health and Family Welfare agreed to consider the possibility of replacing the current anti-smoking disclaimers played in movie theaters with more creative ones, reports The Times of India. Filmmakers and broadcasters said they are not opposed to laws that prevent glorification of [...]
It could be hard to believe but careless smokers ended up causing more than 2,410 fire accidents and several crores-worth of property loss in the last seven years in the Hyderabad, Andhra Pradesh. A study by A.P. Fire Services Department revealed careless smoking as one of the main causes for the increasing incidence of fire [...]
India, the third largest producer of tobacco, is due to host an international anti-tobacco conference in Delhi later this year. The International Conference on Public Health Priorities in the 21st Century: The Endgame for Tobacco will take place on September 10–13. “The conference is a call for collective resolution to fight tobacco through global cohesion [...]
Uttar Pradesh, India’s most populous state with more than 200 million residents, has started implementing a ban on the sale of gutka. This action follows the Supreme Court’s denial of a tobacco industry petition to stay implementation of the ban. Altogether, 23 of India’s 28 states and five of seven union territories have now joined the [...]
The Indian group of companies that includes Chaitanya Packaging now also supplies rotary dies for use on packaging and converting machines. By George Gay As I traveled with T.R. Prabhu, the chairman of a group of companies that includes Chaitanya Packaging, between some of his factories and godowns on the outskirts of Guntur, [...]
