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ALCOHOL POLICY IN MAHARASHTRA
Sebi approves IPOs of Bombay Coated, Bonfiglioli Transmissions and Swaraj Green PowerSebi has approved IPO proposals of Bombay Coated and Special Steels, Bonfiglioli Transmissions and Swaraj Green Power and Fuel. The approva...- Diageo India bets big on premium demandDemand for premium alcohol in India remains robust despite global challenges, says Diageo India's managing director Praveen Someshwar. Howe...
- 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...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- 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...
- Tipplers swap shots for pints as states shake up liquor lawsTipplers in Assam, Uttar Pradesh, Maharashtra, West Bengal, and Meghalaya are choosing beer over hard spirits. This shift follows changes i...
- 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 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...
- Desi brands on the rocks as Indians toast to ScotchImport data shows that BIO whisky shipment into the country increased 108% year on year in 2022-23 against 42% rise in imports of bulk whis...
- Post-pandemic binge: Alcohol imports jump 54% in April-JanuaryImports of mandarins (including tangerines and satsumas) increased 13.5% to $6.63 billion in FY23 (April-January) compared with the previou...
- Rs 3.9 lakh crore alcohol beverage market to grow at 6.8 pc: ICRIERThe market is expected to grow at a CAGR of 6.8 per cent till 2023, it said. The industry contributes to around 15 lakh jobs. ICRIER said o...
- States, UTs cautiously explore home delivery option for liquorAfter Punjab mooted the proposal for home delivery of alcohol and West Bengal and Chhattisgarh started implementing it, many states are exp...
- UBS cuts price target on United Spirits by 9%The current valuation of United Spirits is not pricing in potential negative surprises.
- Why even little amount of liquor be permissible for drivers: High CourtThe Bombay High Court today urged the Centre and the Maharashtra government to adopt "zero tolerance policy", and wondered if anybody who h...
- Alcoholic absurdities: Maharashtra government increases the minimum age for drinking from 21 to 25Ineffective in its purpose, this was one policy that had no place in a state with aspirations for making Mumbai a global hub.
- Maharashtra allows molasses ‘export’Export refers to selling outside the state, something state has not allowed in the past.
- No bread? Have alcohol, courtesy MaharashtraAs many as 36 factories, they pointed out, had been granted licenses by the state government to manufacture alcohol from grain on a massive...
- After ban on smoking, Ramadoss to focus on liquor banUnion Health Minister Anbumani Ramadoss has geared up to launch a campaign against alcohol by bringing in a policy to regulate its sale in ...
- MNCs may drink to licence-free liquorScrapping the licensing requirement would boost manufacture of beer, wine, whisky, rum, brandy and other alcoholic beverages.
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