Indian FMCG and tobacco giant ITC's shares settled more than 4.5% higher on Wednesday after rising over 8% during the session, as top shareholder British American Tobacco's $2 billion stake sale ...

Shares in British American Tobacco rose on Tuesday on news the company would buy back 700 million pounds ($895 million) worth of shares this year after selling down its stake in India's ITC .

ITC shares traded at ₹421.20, down 1.14% or ₹4.85 from the previous close of ₹433.90 as British American Tobacco announced plans to sell a 2.3% stake in the Indian consumer goods giant ...