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ALCOHOLIC BEVERAGES MAKER
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...- Keenly watching India-US trade deal developments: Brown-Forman India MDBrown-Forman, the maker of Jack Daniel's, is closely monitoring the India-United States trade deal. Positive signs are emerging for the bil...
- Dividends, stock splits: L&T, Havells among 15 stocks turning ex-date this week. Check detailsInvestors should note upcoming corporate actions. Several companies including GM Breweries, Havells India, and Larsen & Toubro will turn ex...
- 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...
- Sebi approves IPO plans of Neolite Lightings, Aspri Spirits and SS RetailSebi approved IPO plans of Neolite ZKW Lightings, Aspri Spirits and SS Retail, enabling them to raise funds through fresh issues and OFS ro...
- No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
- India-New Zealand FTA duty concessions under to help boost exports of single malt whisky: CIABCIndia's free trade agreement with New Zealand is set to boost Indian liquor exports. Duty concessions will make Indian single malt whisky a...
- 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...
- ₹10, ₹20 cola bottles heating up soft drinks fight this summerSoft drink competition is intensifying as new entrants gain market share, prompting established players to boost marketing and distribution...
- Why Pepsi could be seeking a 'high' in IndiaSoft drink giants like PepsiCo and Coca-Cola are venturing into the premium ready-to-drink (RTD) alcoholic beverage market to counter seaso...
- CIABC seeks uniform taxation, global push for Mahua, FeniConfederation of Indian Alcoholic Beverage Industry requests uniform taxation. It also seeks promotion of Indian heritage spirits like Mahu...
- 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...
- Alcoholic beverage makers' body seeks curb on dumping, expand market for Indian productsThe Confederation of Indian Alcoholic Beverage Companies (CIABC) has requested the government to impose strict measures against the dumping...
- United Spirits invests in non-alcoholic and coffee-based alcohol companies to fuel new growthThe company will acquire 15% in V9 Beverages that markets and sells India’s first distilled non-alcoholic spirit brand Sober Gin, Sober Rum...
- United Spirits Q3 Results: Profit slumps 64.4% QoQ hurt by soaring input costsThe Bengaluru-based scotch maker's revenue fell 25% to 66.12 billion rupees in the quarter, while net sales fell nearly 10% to 2.78 billion...
- Liquor industry urges state governments to allow increase in prices"Unprecedented inflationary trends in raw material and services and transportation for alcoholic beverages in the past three to four months...
- G&T maker Salud Beverages gets funding from actor Rana DaggubatiThe investment comes barely a week after Nao Spirits, maker of Greater Than and Hapusa gins, raised $2 million in a series A funding round.
- Alcoholic beverage makers to seek approvals for new labelling norms: FSSAIThe Food Safety and Standards Authority of India (FSSAI) had last year issued a regulation on alcoholic beverages and the same became effec...
- Breweries want beer to be delinked from hard liquors for taxesIndian beer makers have demanded that all the state governments should delink the beverage from hard alcoholic liquors as far as levying ta...
- Coke, Pepsi join hands for beverage associationCoca-Cola & Pepsi have come together along with other beverage makers, bottlers to form the Indian Beverage Association. Best champagnes | ...
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