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India's finance ministry says govt divests part of its stake in ITC to LIC of India

Friday, 24 Mar 2017 07:29am EDT

India's Ministry of Finance: Government has divested a part of its stake in ITC to Life Insurance Corporation of India .India's Ministry of Finance says government has received an amount of INR 66.82 billion from the transaction.

Philip Morris International says CEO André Calantzopoulos' total compensation for 2016 was $18.1 mln

Thursday, 23 Mar 2017 06:22am EDT

Philip Morris International Inc :CEO André Calantzopoulos' total compensation for 2016 was $18.1 million versus $16.3 million in 2015 - SEC filing.

Eastern Co raises price of cigarette brand

Thursday, 23 Mar 2017 03:12am EDT

Eastern Co : Raises price of cigarette brand 'cleopatra box red and blue' to EGP 12.75 per pack from EGP 12 per pack Source:(http://bit.ly/2o7rCni) Further company coverage: [EAST.CA] ((Bangalore.newsroom@thomsonreuters.com;)).

Philip Morris announces EUR300 mln investment in smoke-free product manufacturing facility in Greece

Wednesday, 22 Mar 2017 06:26am EDT

Philip Morris International Inc : Philip Morris International announces EUR300 million investment in smoke-free product manufacturing facility in Greece . Philip Morris International Inc - plant will have an annual capacity of around 20 billion tobacco sticks. . Philip Morris International Inc - construction on site will commence immediately, with production scheduled to begin in January 2018. . Philip Morris International Inc - 400 new jobs to be created from the investment . Construction on site will commence immediately, with production scheduled to begin in January 2018 .Philip Morris International Inc - smoke-free product Iqos is expected to be available in key cities in over 30 markets in 2017.

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