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MAHARASHTRA MADE LIQUOR
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...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
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 ...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
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...
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...
Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
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...
Maharashtra govt puts one big condition on new liquor shop licences in the stateMaharashtra Deputy Chief Minister Ajit Pawar on Sunday clarified that no new liquor shop licences will be issued in the state without takin...
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...
Sena slams minister for suggesting use of feminine brand names to boost liquor salesThe NDA constituent said it was shocking that a minister made such comments when women in the state had been holding regular protests again...
- Centre-states talks on liquor tax plaint
The European Union’s (EU) appeal to the World Trade Organization (WTO) against discriminatory taxes levied by certain states in India on fo...
- Manufacturing norms for country liquor on anvil
The 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...