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Govt moves to resolve Scotch tariff dispute under UK trade pact, sources sayIndia has assured industry executives that it will honor the trade pact with Britain regarding Scotch whisky tariffs. Ongoing investigation...- Why is India's probe of Scotch imports from Britain rattling liquor majors?India's investigation into bulk Scotch whisky imports has triggered the first major trade dispute under the India-UK free trade agreement. ...
- Global beverage majors advance India IPO plans, from DRHP filing to board approvalCarlsberg has filed an updated draft red herring prospectus for its potential IPO in India. Pernod Ricard continues to prepare for its prop...
- Govt to meet liquor firms as domestic giants join foreign peers in Scotch disputeIndia's government is holding talks with liquor companies regarding tariff reductions on bulk Scotch imports. Major firms, including Diageo...
- Diageo's India unit searched as state tax officials review Scotch importsUnited Spirits, the Indian subsidiary of Diageo, was searched by Maharashtra tax authorities due to an investigation. The authorities are p...
- Global FMCG giants find an Indian answer to their Western slowdownGlobal consumer giants including PepsiCo, Nestle, Unilever, Pernod Ricard and Coca-Cola are increasingly looking to India for growth as dem...
- Tax officials visit Radico Khaitan offices and plant amid probe into bulk Scotch imports under India-UK pactTax officials from the Directorate of Revenue Intelligence have visited offices and a manufacturing facility of Radico Khaitan. These actio...
- A little Nashik goes a long way in ItalyThis month saw a Nashik company make waves by exporting wine equipment to Italy, a clear demonstration of India's burgeoning potential in t...
- India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group saysThe British government said "iconic UK products" like whiskies would benefit from the pact. Indian investigators, however, have privately t...
- 'Ease non-tariff curbs to ensure alcohol enters the market freely'"The spirit of the free trade agreement is twofold-tariffs and regulations that ensure businesses operate a bit more freely," Ian Duddy, th...
- India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...
- Pernod Ricard India sales grow 19% in Sept qtr; IPO plan awaits board approvalPernod Ricard has demonstrated remarkable sales growth of 19 percent in India for the September quarter, driven by strong market demand and...
- Global Market: European shares fall as global tech selloff, rate fears weigh on sentimentEuropean shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX...
- India keeps Pernod Ricard in high spirits even as its top markets cut down on the cheersPernod Ricard has reported a 19% rise in sales in India, providing some relief against drops in bigger markets like the US and China. Overa...
- 'Whisky shortage, cheaper imports to weigh on Amrut's sales through 2030'Amrut Distilleries is facing an inventory shortage as whisky demand continues to exceed production capabilities. The company's managing dir...
- From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...
- Dwayne Johnson launched Teremana Tequila in 2020; 6 years later, the brand was reportedly valued at about $3.5 billionDwayne Johnson launched Teremana Tequila in 2020 with three partners. Six years later, the brand was reportedly valued at $3.5 billion. Joh...
- Pernod Ricard India begins operational steps ahead of potential IPOPernod Ricard India is actively working on transforming its legal structure from a private entity to a public one. This maneuver positions ...
- John Distilleries surpasses Rs 10,000 crore revenue in FY26; Sazerac become majority shareholderIn FY26, John Distilleries Ltd demonstrated remarkable growth, achieving a revenue of Rs 10,820.10 crore and a net profit of Rs 11.6 crore,...
- Happy Hours! UK trade pact brings scotch prices down in IndiaScotch prices in India have decreased significantly for the first time following the India-UK free trade agreement. Major brands like Johnn...
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