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ALCOBEV MANUFACTURERS
AlcoBev makers challenge FSSAI directive over flavoring, labelling norms in High CourtsIn a significant move, United Spirits and Associated Alcohol & Breweries are contesting a directive from the food regulator regarding flavo...- India-UK FTA unlikely to hurt domestic consumer brands, industry saysDomestic companies expect the India-UK trade pact to spur innovation and not create serious competition. The agreement reduces tariffs on m...
- India exports $140 million worth of goods at zero duty on first day of UK trade pactThe CETA allows entry of nearly 99% of Indian exports at zero duty, and offers significant duty concession to a host of UK imports such as ...
- India-UK trade pact comes into force, gold standard of FTA for bothIndia and the UK have operationalized a free trade agreement, enhancing economic ties. This pact allows zero duty entry for many Indian goo...
- FSSAI crackdown serves food for thought as packaged food makers seek clearer rulesIn a bid to strengthen consumer protection, India's food regulatory body is intensifying efforts against packaged food companies. The lack ...
- Raising the bar: India-UK FTA seen driving next wave of premiumisation in alco-bev industryUnder the India-UK trade deal, set to take effect on July 15, India will be reducing duty on UK whisky and gin from 150% to 75% and further...
- India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
- Dividend alert! Last date to buy Tata Tech, HDB Financial, 6 other stocks for dividends worth Rs 36The shares of Tata Technologies on Thursday will turn ex-record date for a special dividend of Rs 3.35 per share and a final dividend of Rs...
- Dividends and bonus issues: 31 stocks turning ex-record date this week. Do you own any?As many as 31 companies, including HDFC Bank, Tata group firms and Brigade Enterprises, will turn ex-record date for dividends and bonus is...
- Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 croreCupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. T...
- Karnataka rolls out new alcobev policy, distillers unhappyBengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drin...
- Alcobev margins to drop 150–200 bps as glass bottle shortage drives up costs: CrisilIndia's alcoholic beverage industry is grappling with profit pressures this financial year. The skyrocketing costs of glass bottles, attrib...
- Scotch, whiskey & more: Why the world is raising a toast to Indian tipplersTop spirit makers, including United Breweries, AB InBev, and Carlsberg, are investing over Rs 3,500 crore in Indian breweries by 2025, driv...
- Country's liquor companies may approach FSSAI for separate standard for Indian single malt whiskyIndian liquor makers are seeking a separate standard for Indian single malt whisky from the FSSAI. This will help maintain its reputation a...
- Indian alco-bev industry one of the world’s most dynamic markets: Piccadily Agro’s Siddhartha SharmaMaker of Indri single malt whisky plans to establish its first international distillery in Portavadie, Scotland, and also cater to connoiss...
- Paul John single malts to step up exports, says company chairmanJohn Distilleries Ltd expanded its Goa distillery's capacity to 3 million litres annually, investing Rs 100 crore. This expansion aims to m...
- Why Coca-Cola is looking for fizz in a different bottleIntroducing an alcohol brand in India, Coca-Cola is strategically investing in the liquor market, propelled by an expanding middle-class, p...
- Delhi govt's new excise policy will boost revenue, trade of alcoholic beverages: ISWAIIn a letter, the body has also sought an appointment with Lieutenant Governor Anil Baijal to put their case concerning the new policy.
- In a first, Sequoia Capital invests in craft beer brand Bira 91The $6 million in series A funding will be used in marketing of the brand as well as starting a production facility in Madhya Pradesh by Ma...
- Hindusthan National Glass to acquire Germany's Agenda Glas for Rs 320 croreHindusthan National Glass Industries said it will acquire Germany-based Agenda Glas, AG, entailing an investment of nearly Rs 320 crore ove...
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