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MAHARASHTRA MADE LIQUOR
United Spirits’ popular segment sales fall 22.7% as state policies squeeze marginsUnited Spirits reported a 22.7% decline in its popular liquor segment sales during Q2 FY2027. The decline was attributed to increased taxes...- Radico Khaitan’s premium spirits have a moment as regular volumes lose groundRadico Khaitan’s net revenue rose 16.8% year on year to Rs 1,745.1 crore in Q2 FY27, while net profit jumped 66.1% to Rs 230.9 crore. Premi...
- Sugar stocks: Short-term pain is real; has the long-term case broken? 7 stocks from the sugar-ethanol ecosystemThough this year's ethanol tender leaves sugar out, the long-term blending roadmap still points to rising ethanol use. The move is aimed at...
- Fortress Delhi: Jantar Mantar wears deserted look as Dipke, four former CMs among 7,000 protesters detainedIn New Delhi, a large-scale security operation resulted in the detention of over 7,000 protesters on Saturday. The protesters were primaril...
- Karnataka liquor volumes flat in H1 as beer gets three cheersKarnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however,...
- The debate is settling, the business is moving. Time to look at a larger set? 9 sugar-ethanol ecosystem stocks for the watchlistA new fuel programme is not an easy thing to implement. And it sparks intense debate. Ethanol, for instance, has taken over two decades to ...
- Devans expands beer footprint as costs squeeze marginsDevans Modern Breweries is expanding its beer business into new Indian markets. The company is also developing a premium spirits portfolio ...
- Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
- Diageo agrees to reformulate India whisky, rum drinks after flavouring breach, sources sayDiageo has agreed to reformulate some of its best-selling whisky and rum brands in India after the food safety regulator banned them in som...
- Cardamom or pan masala? Why Shah Rukh Khan, Ajay Devgn, Tiger Shroff face FDA action over Vimal adsMaharashtra’s Food and Drug Administration has warned Shah Rukh Khan, Ajay Devgn and Tiger Shroff over advertisements for Vimal cardamoms, ...
- Diageo India unit tells court rum ban lacked due process: ReportUnited Spirits challenges a government ban on its popular rum in Maharashtra. The company argues the prohibition order was issued without f...
- Bacardi, United Spirits move HC against Maharashtra liquor policyMajor liquor companies are challenging a new Maharashtra government policy in the Bombay High Court. They claim the policy unfairly benefit...
- Diageo, Pernod Ricard's Indian lobbying group ISWAI sues Maharashtra over tax hike and exclusion from lower-levy categoryDiageo and Pernod Ricard's Indian lobbying group has sued Maharashtra state over a sharp tax hike on affordable liquor brands and exclusion...
- Maharashtra govt permits production of grain-based liquorThe Maharashtra government is set to boost revenue by allowing the manufacture of grain-based liquor and reviving underutilised potable liq...
- Sula Vineyards, GM Breweries shares jump up to 18%. What's making their brew stronger?Sula Vineyards and GM Breweries shares surged as Maharashtra's new liquor policy spared beer and wine from excise duty hikes, benefiting co...
- United Spirits, other liquor stocks slide up to 6% after Maharashtra hikes excise dutiesShares of liquor companies declined after the Maharashtra government approved changes to liquor taxation and regulation to boost excise rev...
- After Ladki Bahin scheme, Maharashtra hikes liquor duties to ease cash crunchFacing a cash crunch due to payout schemes, the Maharashtra government has decided to hike excise duty on Indian-made Foreign Liquor (IMFL)...
- Maharashtra cabinet gives nod to hike excise duty on liquor, grant statutory status to SC commissionThe Maharashtra cabinet has approved changes to boost revenue. Excise duty on liquor will increase. A new category for locally made liquor ...
- "Unfair playing field" against domestic liquor; makers ask Maha govt to reconsider duty reduction on imported productsIn November, the Maharashtra government had announced to reduce the excise duty on imported liquors by half, which is from 300 % to 150 % o...
- Liquor prices set to rise in Maharashtra as govt plans to hike excise dutyThe excise department’s proposal for a hike in excise on IMFL has been approved and is awaiting clearance of excise minister Chandrashekhar...
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