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Certain species of plants and animals that are endangered or threatened due to commercial exploitation are protected under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES)

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Says Shounak Chakravarty, Director, Crisil Ratings, "Despite the unabated rise in raw tobacco prices, improving realisations owing to rising share of the mid-premium segment, will keep the EBIT (earnings before interest and taxes) margin for cigarette companies healthy at 62-63% this fiscal compared with ~64% last fiscal

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