India considers FDI ban in local tobacco industry

India could be set to serve a stunning blow to the foreign tobacco sector by banning companies such as Japan Tobacco, the Altria Group and British American Tobacco (BAT) from investing in the country, therefore providing a boon for India-based ITC Limited.

Food for thought

There is a growing trend to improve national food security by investing in foreign farmlands. But will it actually work, or does it raise a whole new range of social and political risks, asks Adrian Lewers of Lloyd’s insurer Beazley.

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