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DELHI LIQUOR MARKET
Beer sales rise 10% in Delhi this May as popular brands regain shelf spaceBeer sales in May surged by nearly 10% year-on-year in Delhi, fueled by the return of popular national brands to retail shelves. These nati...- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThere are market phases when one risk dominates. Then there are phases like this, when risks arrive from every direction and refuse to stan...
- India has a story to tell in single malts that is not borrowed from Scotland or Japan: Alcobrew’s Romesh PanditaIn a freewheeling chat, Romesh Pandita, Chairman and Managing Director, Alcobrew Distilleries India, highlights how Indian single malts are...
- 5 mid-cap stocks from different sectors with an upside potential of 13 to 24% in one year, according to analystsWhen mid-caps were rising, every concern on valuation was treated as unnecessary caution. Investors who advised patience were told they wer...
- Ladakh rings in new excise policy- wider choice in low alcohol content; hard liquor also at retail vendsThe administration’s decision comes in the wake of growing concerns raised by civil society, religious organizations, and medical experts r...
- Delhi HC rejects Pernod Ricard's plea against denial of L1 liquor licenceThe Delhi High Court has rejected Pernod Ricard's plea for an L1 wholesale liquor licence. The French spirits giant faced denial due to a p...
- Pernod’s Delhi drought deepens as Indian court rejects liquor sales pleaA French liquor giant's bid to restart sales in New Delhi has been denied by an Indian court. This marks three years since the company's pr...
- Why Pernod Ricard is facing heat in one of its most crucial liquor marketsFrench liquor giant Pernod Ricard faces significant hurdles in India, its largest global market by volume. The company is embroiled in a ma...
- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- NCLAT rejects pleas against Kerala's liquor procurement agency; upholds CCI orderThe Appellate Tribunal NCLAT has upheld a decision by the fair trade regulator CCI. The CCI had closed a complaint alleging abuse of domina...
- Ban on sale of alcohol in tetra packs? SC seeks Centre's viewThe Supreme Court has flagged alcohol sold in tetra packs and sachets as deceptive. Notices have been issued to the government and manufact...
- India’s brandy boom still feels uncool. Liquor cos want to give it a makeoverBrandy, a spirit deeply entrenched in South India's culture and cinema, is now undergoing a national makeover. Despite being India's second...
- Alcohol-in-beverage: Karnataka leads India’s next liquor tax experimentKarnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates...
- Indian regulators oppose Pernod Ricard's liquor plea, firm says business 'hopelessly fettered'Indian regulators are opposing Pernod Ricard's latest court attempt to regain its Delhi liquor license. The French company's license was re...
- India orders antitrust probe into liquor giant Pernod's dealing with retailersIndia's competition watchdog has launched a probe into French liquor giant Pernod Ricard. Allegations suggest exclusive deals with retailer...
- CCI orders antitrust probe into liquor major Pernod Ricard, seven othersThe Competition Commission of India (CCI) has ordered an investigation into French liquor major Pernod Ricard over allegations that it ente...
- 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...
- 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...
- Why Goa is Goddess' own countryGoa presents a stark contrast to national discussions on women's empowerment. In Goa, women lead mechanic shops and liquor stores. They are...
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