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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...- 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...
- 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...
- 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...
- Indian spirit makers flag discrimination against domestic brands by states' excise policiesIndian spirit makers have alleged bias in several state excise policies, claiming imported alcoholic beverages are taxed more favourably th...
- Why Delhi’s liquor consumers are crossing state borders for getting their alcohol bottlesDelhi faces significant revenue loss. Residents prefer buying liquor in Gurgaon, Faridabad, and Noida. They seek lower prices and wider cho...
- India-UK FTA will make Scotch whiskies more competitively priced: Pernod Ricard IndiaPernod Ricard India announced it will pass on the benefits of reduced import duties on premium Scotch whiskies to consumers following the I...
- India Glycols partners Amrut Distilleries, plans to demerge spirits bizIndia Glycols Ltd (IGL) partners with Amrut Distilleries to tap into the premium whisky market in north India. IGL, eyeing double-digit mar...
- Pernod Ricard aims to triple net sales in India by next decadeFrench Spirits maker Pernod Ricard expects a threefold jump in its sales in the Indian market by next decade, led by macroeconomic tailwind...
- New excise policy: Delhi may see rise in liquor pricesThe Delhi government's excise department, which is in the process of fixing maximum retail price (MRP) of brands to be registered in Delhi,...
- Restaurants knock on govt's doors for permission to sell premium country liquorAt present, most states allow restaurants and bars to sell only Indian-made foreign liquor (IMFL) or imported alcohol and beer. There is no...
- Top liquor firms urge Delhi CM Arvind Kejriwal to review new excise policyThe representation urged Delhi CM to bring no change in the free pricing criteria cut off as existing today of Rs 400 per bottle for 750 ml...
- Delhi government earns Rs 3,150 crore excise revenue from liquor sale"We have collected a total of Rs 3,151.63 crore in the year 2013-14 from sale of IMFL," Excise Commissioner J B Singh said.
- Liqour in Delhi become costlier from TuesdayDelhi government has decided to increase the retailer's profit margin in order to promote fair play and make the liquor trade look more pro...
- Liquor prices to go up by 20%Tipplers may have to shell out extra pennies as molasses have become costlier by 75 per cent in the past one year.
- Manufacturing norms for country liquor on anvilThe Bureau of Indian Standards is in the process of setting fresh norms for country liquor. Invest in wine I High-end whiskies I Heavy drin...
- Liquor price may sober up to one rate in IndiaIt is proposed that tax on Indian-made foreign liquor should be two-third or one-third of its MRP. In case of beer and wine, tax should be ...
- No small change: Govt levies 10% tax on industrial scrap, IMFLIf you thought trading in scrap means earning small change, you are mistaken. The government reckons that tax evasion is rampant on profits...
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