British American Tobacco (BAT), the largest shareholder in ITC Ltd, will continue working with the cigarettes-to-hotels conglomerate as “it’s a good thing” and there is potential for new nicotine products in India. BAT came under pressure to sell its 29.12 per cent stake in ITC and earn cash to manage its £39.28-billion pound… Continue reading Why BAT sees value in holding on to ITC stake