Indian Cigarette Maker ITC Slumps After India Raises Tobacco Tax
Shares of ITC Ltd., a top cigarette maker in India, plunged the most in nearly six years after India announced higher taxation on tobacco products.
By Satviki Sanjay, Alex Gabriel Simon ยท Bloomberg Markets
Shares of ITC Ltd., a top cigarette maker in India, plunged the most in nearly six years after India announced higher taxation on tobacco products.