Photo: Euro News
Tobacco Industry Likely To Suffer Loss Due To Newly Proposed Rules
Following government's new and stricter rules regarding tobacco sale in India, companies such as ITC and Godfrey Phillips are expected to face severe blows. According to Reuters report, entities contributing to the $12 billion tobacco industry have started opposing the new rules. Reportedly, ITC generated a whopping $6 billion from cigarettes alone in FY2020. The Federation of Retailers Association of India has claimed that the changes have… read-more
Tags: Tobacco Products, ITC, Godfrey Phillips, business
Courtesy: Business Insider
Photo: The Economic Times
Chennai's ITC Chola Becomes COVID Hotspot After 85 Turn Positive
Chennai's ITC Grand Chola Hotel has become a hotspot for COVID-19 as 85 people out of 609 tested turned positive in the past fortnight. Directing all the luxury hotels for testing, the Greater Chennai Corporation authorities have advised following guidelines issued by the government strictly. Meanwhile, the hotel has informed that most associates were working from home while avoiding contact with other guests and associates.
Tags: ITC, Grand Chola, Covid-19, covid positive, Chennai
Courtesy: The Indian Express
