Global tobacco majors Philip Morris International and Japan Tobacco International on Friday deplored as "discriminatory," the Indian government's decision to ban foreign investment in cigarettes.......
The world's third largest tobacco company by sales volume, Japan Tobacco Inc, has invested $65 million (Rs 293 crore) in its Indian unit without increasing its shareholding, just days ahead of a......
International governments and global tobacco players from Switzerland, Japan and the US have come together to lobby against a government move to ban Foreign Direct Investment in tobacco. India......
The Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce has called a meeting on July 10 to discuss the foreign direct investment (FDI) policy in the cigarette......
The Department of Industrial Policy and Promotion in the Commerce Ministry proposes to scale back the Foreign Direct Investment ceiling for the tobacco industry from 100 to 74 per cent and insert a......