New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
03 May, 2026, 06.54 PM IST
No decision yet on India unit listing; exploring strategic options to boost value: Pernod RicardFrench spirits giant Pernod Ricard has stated no decision is made on listing its Indian subsidiary. The company is exploring options to enh...
23 Apr, 2026, 01.20 PM IST
John Distilleries open to further stake sale to Sazerac, founder saysJohn Distilleries founder Paul John is open to selling his remaining stake to US spirits group Sazerac. Sazerac already holds a significant...
23 Apr, 2026, 11.02 AM IST
Alcobev industry associations ask Telangana govt to clear Rs 3,151 crore duesAlcobev industry associations have urged the Telangana government to clear Rs 3,151 crore in dues owed to suppliers, warning of supply disr...
09 Oct, 2025, 05.45 PM IST
Monika Alcobev IPO lists today. Check GMP ahead of debutMonika Alcobev is ready for its stock market launch on July 23. The IPO aims to raise ₹165 crore. Funds will support working capital and de...
23 Jul, 2025, 07.47 AM IST
Monika Alcobev IPO subscribed 2.15 times on Day 3 so far. Check GMP, other detailsMonika Alcobev IPO: In the unlisted market, Monika Alcobev was trading at a grey market premium (GMP) of Rs 0. A GMP of zero indicates mini...
18 Jul, 2025, 02.12 PM IST
Monika Alcobev IPO subscribed 1.32x on Day 2 so far; Check GMP, and other detailsMonika Alcobev plans to raise Rs 165.63 crore through its IPO, comprising a fresh issue of 47.91 lakh shares valued at Rs 137.03 crore and ...
17 Jul, 2025, 11.55 AM IST
Monika Alcobev’s Rs 166 cr IPO opens today. No GMP buzz ahead of launchMonika Alcobev, a luxury alcohol importer, will launch its IPO on Wednesday. The company aims to raise Rs 165.63 crore. The IPO includes a ...
16 Jul, 2025, 07.42 AM IST
Raise the Spirits: Whisky and rum dominate India's rising thirst for premium alcoholIndia's alcohol beverage market has evolved beyond sheer volume, now ranking 5th globally in revenue contribution at 3.1%. Alongside China,...
12 Jul, 2024, 11.22 PM IST
Bacardi high on premiumisation of portfolio in IndiaAccording to industry body Confederation of Indian Alcoholic Beverage Companies, alcobev drinks priced over ₹1,000 have grown four times fa...
11 Apr, 2024, 12.35 AM IST
Amrut: Investors want to raise a toast amid single malt whiskey wave and global cheersAmrut Distilleries, a key player in the Indian single malt whiskey industry, is seeing increased interest from investors but remains focuse...
30 Mar, 2024, 01.49 PM IST
India’s alcobev sector to touch $64 billion by 2030According to International Spirits and Wines Association of India (ISWAI), the alcobev sector accounts for 2% of India’s nominal GDP and ge...
01 Nov, 2023, 06.41 PM IST
Premium spirits sales on a high as big stores bloom"Transformation in the alcobev retail environment, with larger browsable retail formats with a range of imported and domestic brands and ca...
06 Apr, 2023, 12.40 AM IST
High taxation rates crippling liquor trade: ISWAI"The Indian alcobev industry is in deep crisis due to inflation on one hand and high taxation rates. In this context, it is needed to decre...
18 Dec, 2022, 12.33 PM IST
Regulatory overhangs to pose challenges for India's alcoholic beverage industry: United SpiritsIn states, where the government controls pricing, a price increase is based on government notifications, while in states where retailing is...
15 Jul, 2022, 05.25 PM IST
View: With an eruption in the spirits' portfolio, the consumer is far more experimental and progressively cognisantWith such vivid experiences, the Indian consumer of alcobev has pegged his benchmarks higher when it comes to product choices and tastes or...
29 Apr, 2022, 11.28 PM IST
One thing Covid and its variants failed to stop in India: Alcohol salesIndustry executives attributed the revival to strong at-home consumption, people opting for higher-priced brands, and increasing footfalls ...
15 Feb, 2022, 08.52 AM IST