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Australia's uniform-packaging law begins global cigarette-pack debate

Thursday, August 16, 2012

WN.com - World News
Latest headlines from WN Network
Australia's uniform-packaging law begins global cigarette-pack debate
Aug 17th 2012, 02:31

TOKYO: A day after Australia approved the world's first uniform-packaging law, ITC, India's largest maker of cigarettes, fell 3.6%to 258.35 at the close in Mumbai, the most since May 8. The stock market in India was shut on Wednesday for a public holiday. Investors are "fearing that if the same thing happens in India that would mean significant brand-equity loss for ITC," Nitin Mathur, an analyst...
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