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NASHIK VINTNERS
Remy Martin maker Remy Cointreau may shut India officeThe French premium drinks maker has already served notices to over 30 employees of its five-year-old wholly-owned Indian subsidiary, source...
Aptech CEO Ninad Karpe loves brewing his own wine"I do it for myself," Karpe says during an interview at his well-appointed Worli pad. ‘‘This is the first time I am talking about it beyond...
Reliance Capital, VisVires India Wineries acquire stake in Sula wine's maker Nashik VintnersThe deal values India's top winemaker at Rs 700 crore, and provides a handsome exit to its early financial investors led by Everstone Capit...
Anil Ambani along with Singapore-based wine investor Ravi Vishwanathan to buy 30% stake in Sula for Rs 200 croreGlobal luxury giants such as LVMH’s investment wing L Capital and Thai Beverage were also reportedly in the fray to pick up a stake.
Max Healthcare founder Analjit Singh vies for 33% stake in Nashik VintnersSingh, founder of Max Healthcare, has placed a bid to acquire 33% stake in India's largest winemaker Nashik Vintners, parent of the Sula br...
Everstone buys minority stake in fashion house Ritu Kumar for Rs 100 croreThe ethnic retailer is the latest in women’s wear brands to have received risk capital funding in the past year.
Everstone Capital to buy 25% in HR outsourcing firm Aparajitha Corporate ServicesEverstone Capital, is acquiring a stake of about 25% in a tier-two HR outsourcing firm, Aparajitha Corporate Services, for an estimated Rs ...
Singapore investor, Premji & L Capital vie for Sula stakeThai Beverage, better known as ThaiBev, is also in the fray for the stake purchase, sources said. The offers value Sula up to $120 million.
French premium liquor giant Remy Cointreau eyes joint venture with SulaRemy Cointreau, the French premium liquor giant, is likely to form a joint venture with Nashik Vintners , owner of Sula wine, for launching...
Valued at $125 mn, Nashik Vintners attracts interest of L Capital and RemyNashik Vintners, owners of Sula wines, has kicked off a big stake sale to facilitate exit for financial investors who control around 50% in...
- Bangalore’s Grover Vineyards merges with Valle De Vin
Grover Vineyards has merged with Nashik-based Valle De Vin to create Grover Zampa Vineyards, the second-largest Indian vintner after Sula.
- New wine from new player
The country's low wine consumption presents a huge opportunity, despite setbacks the sector has suffered in the past two-three years.
- Valle de Vin set to merge with Grovers Vineyards
In a bid to overcome the tax issues between Maharashtra and Karnataka, Grover had set up a bottling plant in Sangli.
- Wine industry adopting contract manufacturing route to counter greater installed capacity
With an installed capacity for wine making being more than two times higher than consumption, it is only natural that some wineries become ...
- Ravi Jain joins Deepak Roy's wine company
Ravi Jain, one-time confidante of liquor baron Vijay Mallya, has joined Valle de Vin, the Nashik-based wine firm set up by the industry vet...
- UB, Jonty to bring South African wines to India
The UB Group has decided to sell South African wines from10 Chapter Pty in India soon. The wines will be sold through United Vintners, a su...
- Wineries of Nashik can be exotic than wines
The wineries of Nashik attract wine tourists, thereby,enhancing tourism along with bringing in big bucks for the vineyards and wineries.
- Wineries, vineyards spell magic for Indian vacationers
Several political and industry majors are also buying land in Nashik, with plans to set up wineries. World of wines I Business Humour | CEO...
- Wine tourism with bubbling bars
Nashik, the country’s unofficial wine district, is witnessing a new trend: set up a wine bar on the winery premises to promote tourism.
- UB raises first toast to wine market, sets up co in state
The UB group, a leader in India’s spirit and beer market, has set up its first wine company in Maharashtra signalling hectic activity in th...