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Godfrey Phillips India
Business  /  Published 20.10.21

Sensex retreats from 62000 level

Equity benchmarks closed with modest losses on Tuesday after a seven-session winning streak as investors opted to pocket some gains at record levels.   FMCG counters led the losses after Hi...
By Our Special Correspondent in Mumbai

Business  /  Published 11.11.20

GAIL net drops 8.5% on marketing loss

GAIL’s second-quarter consolidated net profit dropped 8.5 per cent to Rs 1,068.16 crore, or Rs 2.47 per share, after losses on gas marketing offset gains made in the gas transportation business....
By Our Bureau in Calcutta, New Delhi

Business  /  Published 23.08.20

Four Square maker profit down by over 50%

Cigarette maker Godfrey Phillips India on Saturday reported a 53.56 per cent decline in its consolidated net profit at Rs 55 crore for the first quarter ended June 30, 2020. The company had reported ...
By PTI in New Delhi

Business  /  Published 03.02.20

Cigarette price hike to cover tax

Market leader ITC may be forced to make a double-digit hike in cigarette prices to tackle the tax whammy dealt by the Union Budget on Saturday.Brokerages and industry sources differed on the extent of...
By Sambit Saha in Calcutta

Business  /  Published 09.03.19

ED investigating Philip Morris, Godfrey Phillips

The Enforcement Directorate (ED) is investigating Philip Morris International Inc and its Indian partner Godfrey Phillips for alleged violation of foreign direct investment rules, a senior directorate...
By Reuters in New Delhi

Business  /  Published 06.03.19

Philip Morris skirted FDI rules in cigarettes

Philip Morris International Inc has for years paid manufacturing costs to its Indian partner to make its Marlboro cigarettes, circumventing a nine-year-old government ban on foreign direct investment ...
By Reuters in New Delhi

Business  /  Published 28.01.20

Godfrey Phillips, Modi on warpath

A fresh family feud has broken out in the corridors of corporate India — and this time it has engulfed the KK Modi group, which is the promoter of cigarette maker Godfrey Phillips India, with the b...
By Our Special Correspondent in Mumbai


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