The company has slashed its issue size and is likely to raise about Rs 950-1,000 crore through its initial stake sale. However, the company...

Nashik accounts for 80% of the total produce. Of the 93 wineries in the country, 75 are in Maharashtra and 37 in Nashik alone.

The deal values India's top winemaker at Rs 700 crore, and provides a handsome exit to its early financial investors led by Everstone Capit...

Global luxury giants such as LVMH’s investment wing L Capital and Thai Beverage were also reportedly in the fray to pick up a stake.

Singh, founder of Max Healthcare, has placed a bid to acquire 33% stake in India's largest winemaker Nashik Vintners, parent of the Sula br...

Thai Beverage, better known as ThaiBev, is also in the fray for the stake purchase, sources said. The offers value Sula up to $120 million.

Winemakers have opened up a new revenue stream by throwing open their vineyards and wineries to tourists.

With the growing popularity of wine festivals, wineries are increasing the scale of the events, which help create awareness.

Nashik Vintners, owners of Sula wines, has kicked off a big stake sale to facilitate exit for financial investors who control around 50% in...

The financial services company will join Singapore-based wine investor Ravi Viswanathan as a key stakeholder in the combined entity, Grover...

Peter Beckingham, also observed that the city has unlocked business potential which can be exploited for its growth on many fronts.

The country's low wine consumption presents a huge opportunity, despite setbacks the sector has suffered in the past two-three years.

Wine may not remain a case of sour grapes for the bulk of India for long. Producers in India’s wine capital of Nashik in Maharashtra, long ...

All eyes are on the Indian wine market which is now on the threshold of its first major milestone, crossing the one million cases mark in 2...

UB Group is also planning to export to the UK, a whisky drinking non-wine making country among other international markets. Enjoy the wine,...

Alcohol giant Diageo’s plans to uncork an Indian wine is entering the final stages.

Domestic wine maker Sula Vineyards has charted out a fund raising programme to fund its aggressive growth plans.