ITC Raises Classic Cigarettes Rate By 10%

(PTI) Tobacco major ITC (Indian Tobacco Company), the maker of the Navy Cut, Gold Flake and other brands of cigarettes, has hiked price of the premium Classic range by a steep 10% per packet of 20 sticks.
"Prices have been increased in the Classic brand of cigarettes," an ITC representative told PTI today. The firm, however, refused to offer the reason for doing so. The company has increased by 10% the prices of 20-sticks packs of the Milds, the Regular and the Menthol in the Classic range from Rs 100 to Rs 110. Continued