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Sebi approves IPOs of Bombay Coated, Bonfiglioli Transmissions and Swaraj Green PowerSebi has approved IPO proposals of Bombay Coated and Special Steels, Bonfiglioli Transmissions and Swaraj Green Power and Fuel. The approva...- QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impactRising fuel and LPG prices are impacting India's consumption landscape unevenly. While some sectors like QSR face margin compression due to...
- Piccadily Agro Q4 Results: Profit rises 14% to Rs 45 cr; FY26 revenue crosses Rs 1,110 cr markets stocks earningsPiccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit ...
- Six new K-dramas to watch in India this week on OTT starring Ahn Hyo Seop, Shin Hye Sun, Byeon Woo Seok: Filing for Love to Perfect CrownThis week's K-drama lineup has a diverse range of genres for every viewer. From the dark crime thriller The Scarecrow to the romantic offic...
- IRB Infrastructure plans to offer VM7 HAM project to IRB InvIT FundIRB Infrastructure Developers, in a statement, said the project is a 27.5 km (220 Lane Kms) stretch and has a cost of Rs 1,702 crore.
- Crypto whales ramp up buying ahead of US inflation report and Fed meetingCPI report impact on crypto: Ahead of the US CPI report, crypto whales are strategically positioning themselves across various tokens. Ethe...
- Budget 2024 impact: Will liquor prices fall as Extra Neutral Alcohol to be out of GST's purview?Budget 2024: Section 9 is being amended to take Extra Neutral Alcohol used in manufacture of alcoholic liquor for human consumption out of ...
- GST Council Meeting: Tax rates slashed on millet products, molasses and other key decisionsThe Goods and Services Tax (GST) Council in India has decided to reduce the GST on millet flour in powder form from 18% to 5%. The move aim...
- GST Council decision on ENA to bring stability in industry: CIABC"The GST Council's decision is a big relief to the industry, it will bring stability and settle nerves all over," Vinod Giri, Director Gene...
- GST Council cedes right to levy tax on distilled alcohol to statesFinance Minister Nirmala Sitharaman said that Allahabad High Court had ruled that states have no power to impose tax on Extra Neutral Alcoh...
- Iraqi actress Enas Taleb to sue ‘The Economist’ for using her picture in article on ‘fat women’, calls it an insult to Arab womenTaleb said that it was disappointing that an international label chose to label her.
- Headwinds expected in ENA prices as govt routes ethanol to oil cos for blending with petrol: Radico KhaitanHowever, Radico Khaitan - maker of 8PM Whisky, Magic Moments Vodka, Rampur Single Malt Whisky and Jaisalmer Gin - said it is largely self-d...
- GST Council decides extra-neutral alcohol taxation to stay with statesCurrently, alcohol for human consumption or potable alcohol is out of the ambit of GST and states are free to levy taxes on them. However, ...
- GST Council meeting: Arunachal Pradesh supports Sikkim's proposal for seeking of concurrence for levy of COVID Cess on power and pharmaceutical sectorGoa also supported this proposal and thereafter Chairperson assured to form a committee of Group of Ministers (GOM) as done earlier for all...
- Alcohol manufacturers plead NITI Aayog for import duty exemption on ENAThe alcohol manufacturers have pleaded that there is a massive shortage in domestic supplies of ENA following diversion of ethyl alcohol fo...
- GST Council may give 1-year extension to anti-profiteering authorityThe NAA is keen for a two-year extension, the official said, adding the final call will be taken by the GST Council in its meeting on June ...
- Liquor stocks rise as critical input left out of GST AmbitWhile liquor is not under the ambit of GST, analysts were expecting the government to include ENA,
- United Spirits Ltd seeks shareholders' nod to guarantee PDL's Rs 100 crore loanThe loan would augment the production capacity of PDL, which would in turn secure supply of ENA (extra neutral alcohol) and IMFL to UK-base...
- United Spirits gains control of Sovereign DistilleriesVijay Mallya-led United Spirits has increased its stake in Sovereign Distilleries, giving it direct control over the Karnataka-based compan...
- Your drink may come at a higher pricePrice hike in extra neutral alcohol, a key ingredient, may result in liquor prices going up by rs 10 a bottle.
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