ITC Plunges Most in Over Two Years on Higher Cigarette Tax Shock
A cigarette vendor sells a package of cigarettes at shop in New Delhi, India. (Photographer: Sanjit Das/Bloomberg News)  

ITC Plunges Most in Over Two Years on Higher Cigarette Tax Shock

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(Bloomberg) -- ITC Ltd. plummeted the most since July 2017 after India’s Finance Minister Nirmala Sitharaman proposed higher levies on cigarettes and other tobacco products.
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