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Kamat Hotels: A Century-Long Journey of Consistent Growth

Vishal Kamat, executive director of Kamat Hotels (India) Ltd, shares the story of their ₹700-crore empire built on hyper-consistency, from his grandfather's humble beginnings to managing 22 hotels. Discover why growth for growth's sake is not their mantra

ITC shares plunge 14% on steep tobacco tax hike

ITC shares hit a 3-year low after a steep excise duty hike on tobacco, eroding ₹72,300 crore in shareholder wealth. LIC faces a massive ₹11,460 crore loss. Key brokerages downgrade the stock.

Tobacco Duty Hike: Why Some FMCG Stocks Unaffected

Union Budget 2026's additional excise duty on tobacco had a mixed impact on FMCG stocks. Discover why shares of companies like ITC, Godfrey Phillips, and VST Industries reacted differently.

ITC Shares Drop Over 5%, Tobacco Stocks Slide

ITC shares fell more than 5% on Friday, dragging down the broader tobacco sector. The sell-off follows a recent government report and ongoing regulatory pressures. Discover the key reasons and market impact.

ITC Stock Hits 52-Week Low on New Tobacco Tax

ITC share price crashed over 5% to ₹345.35 after the government announced a fresh excise duty on cigarettes. Get the full details on the market impact and new tax rates effective February 1.

Cigarette Prices to Rise 20% from February 1

Cigarette prices in India are expected to surge by up to 20% from February 1, 2025, following a significant increase in the National Calamity Contingent Duty. This move will impact major tobacco companies and consumers nationwide.

Stock Market Flat on 2026's First Day; ITC Falls

Indian stock markets began 2026 on a muted note with Sensex closing flat near 80,000. ITC was the biggest laggard, while broader markets showed resilience. Read the full analysis.

ITC stock crashes 10% on new tobacco excise duty

ITC shares tumbled nearly 10% to a three-year low after the government announced a new excise duty on cigarettes. Analysts warn of price hikes and volume impact. Read the full analysis.

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