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TELANGANA LIQUOR DUES
Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...- ‘We are not going to do charity’: Kingfisher beer maker United Breweries plans to exit unprofitable states amid cost surge, pricing curbsUnited Breweries, a major player in India's beer market, is preparing to withdraw from unprofitable regions due to soaring input costs and ...
- Global liquor giants seek $337 million overdue payment from TelanganaMajor alcohol companies are pressing the Telangana government to pay 29.85 billion rupees owed for supplies. Delays risk disrupting the sup...
- K T Rama Rao says Congress forcing bureaucrats into corruption in TelanganaA senior IAS officer's early retirement has ignited a political firestorm in Telangana. The opposition alleges bureaucrats are pressured in...
- Liquor sales on the rocks: Regulatory roadblocks slow Pernod Ricard, Heineken sales in key Indian marketPernod Ricard and Heineken experienced slower sales growth in India during the March quarter due to regulatory hurdles and temporary disrup...
- United Breweries expects further price hikes in India's top beer-consuming stateUnited Breweries may further raise beer prices in Telangana after the state's recent approval allowed price increases for the first time in...
- Telangana rations Kingfisher beer after Heineken turns off taps in price rowTelangana, the largest beer-consuming state in India, is rationing Kingfisher beer after United Breweries, controlled by Heineken, halted s...
- Diageo, Pernod Ricard and Carlsberg demand $466 million from Telangana in payments row, sources sayGlobal alcohol companies, including Heineken's United Breweries, Diageo, and Pernod Ricard, are demanding $466 million in unpaid dues from ...
- Heineken-controlled United Breweries halts beer supply in TelanganaUnited Breweries has suspended beer supply to a state-run corporation in Telangana, halting sales of brands like Heineken and Kingfisher. T...
- CID probe on irregularities in liquor sale during YSRCP rule soon: Chandrababu NaiduAndhra Pradesh Chief Minister N Chandrababu Naidu announced that a CID probe will soon investigate irregularities in liquor sales during th...
- YSRCP govt liquor policies led to financial loss of Rs 18,860 cr : AP CM Chandrababu NaiduAndhra Pradesh Chief Minister N Chandrababu Naidu accused the previous YSRCP government's liquor policies of causing a Rs 18,860 crore loss...
- Som Distilleries shares tumble nearly 16% after children rescued from Madhya Pradesh plantShares of Som Distilleries plunged by almost 16%, reaching a low of Rs 105 on the Bombay Stock Exchange (BSE) on Tuesday. This drop occurre...
- Tipplers toast local labels as big brands lose way in policy mazeState liquor policy changes result in scarcity of popular brands like Royal Stag, Budweiser, and Old Monk. Liquor stores push new brands du...
- Assembly polls: All unauthorised liquor outlets will be shut in Telangana if BJP comes to power, says Kishan ReddyThe state government is generating over Rs 40,000 crore annually through liquor sales, he claimed. The BRS government is severely hurting p...
- Liquor biggies raise a toast to Uttar PradeshAs a market, Uttar Pradesh is the largest in the country, accounting for more than 10% of the overall consumer products industry. In spirit...
- Liquor sales decline up to 60% in May-June in states with high Corona cess: ReportAfter the retail sales of liquor were resumed after six weeks of closure in May, several state governments facing shortage of financial res...
- Government officials rush to denotify highways running through citiesSome states are lobbying with the Centre while one state, Kerala, is planning to seek grace time from the court for implementing the order.
- RBI reverses tax deduction from Telangana accountWith this reversal, the dispute between the Telangana government and the I-T department is set to resume as the reversal will now leave the...
- Telangana govt accuses RBI of violating AP Reorganisation ActTelangana has urged Finance Minister Aurn Jaitley to direct the Reserve Bank of India to credit back Rs 1,274.21 crore in the account of st...
- I-Brands eyes low-cost whisky marketAfter tasting success in the premium segment, liquor startup International Brands Beverages plans to enter the lowcost whisky market in Oct...
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