CIGARETTE
Milk & money: What’s making India’s daily dose of doodh more expensive?
Amul and Mother Dairy have recently raised milk prices by Rs 2-4 per litre to address higher production costs. Karnataka's Nandini also increased prices in early November to enhance farmer earnings. Rising expenditures for fodder, cattle feed, and operational costs have pressured dairy companies. Although India remains the largest milk producer, growth rates have slowed, affecting supply dynamics.
Amul milk, Cigarettes, Surf Excel: From dairy to detergent, check what has become costlier and how much more you will pay after price hikes
Milk, ghee, butter, curd, detergents, soap and cigarettes have become costlier following a series of price revisions in the last two months. Amul, Mother Dairy and Nandini have raised dairy prices, while HUL has revised rates of Surf Excel, Rin and Wheel products. ITC has increased Gold Flake Premium prices, and commercial LPG rates have risen for two consecutive months. Here is a product-wise breakdown of the old and new prices, the amount of each increase and when the revisions took effect.
Cigarettes to get costlier: ITC hikes Gold Flake Premium prices for the second time this year; here's how much a pack will now cost
ITC Ltd has raised the price of its Gold Flake Premium cigarettes by Rs 10 per pack, taking the MRP of a 10-cigarette pack to Rs 135 from Rs 125. This is the second price increase for the brand in 2026, following a hike in June. The revision comes as cigarette makers face higher taxes and pressure on legal market volumes, while ITC looks to expand its FMCG and other non-cigarette businesses.
Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone Idea
Indian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life insurance companies and Tata Power reported notable quarterly earnings results. HDFC Life and LIC showed healthy premium growth, while Tata Power recorded a record profit in Q2 FY27. Other companies like Cupid and Mishra Dhatu Nigam also reported impressive profit increases during the quarter.
Country music singer CJ Beach, 22, dies in car crash after performing in Florida; heartbroken father seeks road safety changes
Country music singer CJ Beach, a rising talent from Tallahassee, Florida, has died at the age of 22 in a tragic car crash in Wakulla County. His father, Charles Beach, paid an emotional tribute to his son on Facebook and urged local authorities to install warning lights and warning signs along the dangerous curve on Rehwinkle Road, where the crash occurred.
Q2 Earnings Scorecard: Which sectors outperformed and which fell behind?
The September quarter results indicate strong revenue and profit growth in sectors like automobiles and banking. In contrast, sectors such as IT and pharmaceuticals showed weakness amid inflationary pressures. Automobile sector leaders like Maruti Suzuki and Bajaj Auto reported significant growth in sales and exports. L&T's orders surged, while the cement sector faced challenges with fluctuating prices.
Godfrey Phillips Q2 profit down 37% to Rs 190 cr; revenue up twofold at Rs 4,198 cr
Godfrey Phillips India Ltd reported a significant 37.73 percent decrease in net profit for the September quarter, primarily driven by a substantial tax increase from the previous fiscal year. Despite this, the company's total consolidated income surged to Rs 8,139.64 crore during the first half of FY27. To counteract the volumetric impact from rising taxes, a tactical pricing strategy was implemented.
Digital brands, premium FMCG to drive ITC's growth ambitions
Amid challenges in its cigarettes business, ITC is focusing on expanding its non-cigarette offerings. The FMCG segment has shown significant growth, leading to an improved product mix and margins. Digital-first brands such as Yoga Bar and Prasuma have also reported strong revenue increases. The paperboard and agri businesses are benefiting from rising demand and exports of value-added products.
ITC shares jump 6% in two days after Q2 results. More upside ahead?
ITC shares rose to Rs 283.5 apiece on NSE on Wednesday morning, the highest level seen by the stock in nearly three months. The stock has now recovered more than 12% in five sessions after hitting a 52-week low of Rs 253 apiece in late October.
Halloween is a Time to Remember Dead Brands
The emotional resonance of discontinued brands often sparks nostalgia among consumers, igniting movements to bring back beloved food items. The recent relaunch of Hostess Twinkies and Reliance's Campa underscores this trend, driven by consumer demand. This longing for the past reflects the deep connections people form with brands, demonstrating how marketing influences consumer behavior and their affinity for familiar products.
ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?
ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its FMCG business delivered strong growth. Jefferies, Nuvama, Emkay and DAM Capital remain positive on the stock, with target prices ranging from Rs 300 to Rs 355.
ITC Q2 net profit falls 20% as high taxes keep margins in check
ITC reported a 20% decline in standalone net profit for the September quarter despite a 45% increase in revenue. The rise in cigarette taxation significantly impacted profitability, forcing ITC to absorb part of the price hikes. Non-cigarette businesses showed strong growth, achieving the highest revenue growth in 14 quarters. Factors such as inflation and geopolitical tensions continue to affect the operating environment.
Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma
Indian equity benchmarks experienced gains, with Nifty nearing the 23,500 resistance level and strong corporate earnings reported. ITC faced a decline in consolidated net profit, impacted by the cigarette business, despite revenue growth. Marico saw a significant rise in net profit and expanding EBITDA margins during the quarter. Container Corporation of India reported a subdued performance with a slight decline in net profit compared to last year.
ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70%
ITC Ltd has reported a significant increase in its digital-first and organic FMCG portfolio, achieving over 70% year-on-year growth. However, the company is facing considerable pressures due to rising illicit cigarette trade and increased taxation impacting legal volumes. The fresh food segment has also expanded significantly, reflecting ITC's focus on organized markets. Additionally, challenges in West Asia have disrupted agricultural exports, although value-added products showed better performance.
Yoga Bar maker Sproutlife Foods to merge with ITC; board approves scheme
ITC Ltd has received board approval for a scheme to merge Sproutlife Foods into its operations. This move is designed to streamline business processes and enhance value creation for ITC. Sproutlife, focusing on health-centric food products, achieved a turnover of Rs 451.71 crore in FY26. ITC clarified that no new shares will be issued in this merger, set to be effective from April 1, 2026.
ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%
ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earnings from its cigarette business weighed on overall profitability despite strong growth in its FMCG, agriculture and paper businesses.
ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite
ITC is expected to report a weak Q2, with brokerages forecasting an 8% decline in cigarette volumes and a drop of up to 29% in cigarette operating profit following tax hikes. Nuvama expects consolidated revenue to fall 3% YoY and EBITDA to decline 20%. Growth in FMCG and paper businesses could provide some support against the pressure.
Sun Pharma’s specialty portfolio, Organon deal to drive growth
Sun Pharmaceutical achieved notable revenue growth in the September quarter, driven by strong performance in India and specialty medicines. The company anticipates medium-term growth from therapies like Ilumya and ongoing innovative projects. Although profitability was affected by acquisition and litigation costs, the domestic market share increased to 8.6% from last year. R&D investments are expected to rise in the second half of FY27 as development accelerates.
Shah Rukh Khan and Lucky Biryani Bandra connection: How a chance encounter helped him land his first film
Lucky Restaurant in Bandra is renowned for its exquisite mutton biryani and has been pivotal in shaping Bollywood's narrative. A memorable encounter within its walls led to a film offer for a young Shah Rukh Khan, thanks to producer Viveck Vaswani's mentorship after Khan faced personal tragedy. Though Deewana premiered first, it was Raju Ban Gaya Gentleman that truly launched Khan’s career.
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