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BEER MARKET IN INDIA
AB InBev sets aside $30 million for unpaid Telangana dues as delayed payments squeeze brewersAnheuser-Busch InBev has earmarked $30 million for overdue payments from the Telangana government. This situation highlights the challenges...- 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...
- These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsHere’s one thing that is worth clarifying, because it is in the headlines. Large global technology companies have been announcing heavy spe...
- UB expects Q3 profit growth to moderate on rising costsUnited Breweries expects slower profit growth this quarter as raw material costs and marketing expenses increase. Regulatory delays are inh...
- Tuborg maker Carlsberg India moves closer to IPO, files updated DRHP for complete OFS issueCarlsberg India has filed an updated draft prospectus with Sebi for an IPO comprising 8.64 crore shares, entirely through an offer for sale...
- 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...
- Carlsberg said to near public filing for $700 million India IPOCarlsberg is preparing to publicly file for a potential $700 million IPO of its Indian business, with investor roadshows expected next week...
- Gold price surge boosts diamond jewellery sales 15-20%With gold jewellery turning increasingly pricier, consumers are looking at diamond-studded pieces in the Rs 10,000-Rs 1 lakh price bracket....
- Carlsberg India told to close Alwar unit over pollution breach ahead of $700 million IPO plansCarlsberg India's operating consent for its Alwar brewery was revoked due to high particulate emissions. The brewery's pollution levels wer...
- De Beers to open 100 Forevermark stores in India by 2030De Beers aims to establish 100 Forevermark stores across India by 2030 to capitalize on the growing demand. Current demand for diamonds is ...
- Diageo India enters ready-to-drink alcohol market, takes on Bacardi in nascent segment with Smirnoff IceDiageo India is entering the ready-to-drink alcohol market with its Smirnoff brand and various flavors. The company aims to attract younger...
- ET Interview: India’s aspirational middle class gives it demographic edge, says Verlinvest CEO Roberto ItaliaVerlinvest is planning to invest €1 billion in India over the next five years, reflecting the country's economic dynamism. The firm identif...
- Mid-sized restaurants hungry for funds as investors stay awayMid-sized organized restaurant chains face financing challenges. Investors are being more cautious, focusing on sustainable profits and uni...
- Carlsberg India IPO gets Sebi approval along with three other public offers. Check detailsIndia’s IPO pipeline expands as Sebi clears papers for Carlsberg India, Matangi Rubber, Ujin Pharma and TMC Transformer. The approvals come...
- India’s 8% global gems, jewellery share has room to growIndia's gems and jewellery sector currently accounts for 8% of global exports but can expand into new product categories. NITI Aayog's Prav...
- IPO express picks up steam: Anmol Industries, Koolking Industries, 5 other firms file draft papers with SebiSeven companies spanning biscuits, beer, HVAC components, agricultural machinery, engineering, edible oils and telecom infrastructure have ...
- Trans ACNR Solutions, 8 others file IPO papers with SebiIn a significant move, Trans ACNR Solutions along with eight additional companies have recently filed for IPOs with Sebi, reflecting an amb...
- India’s big upgrade wave: Rs 1 crore+ homes, premium cars, Swiss watches & pricier phonesPremiumisation trend is spreading beyond affluent urban consumers, with households upgrading across homes, cars, travel, smartphones, appli...
- Devans expands beer footprint as costs squeeze marginsDevans Modern Breweries is expanding its beer business into new Indian markets. The company is also developing a premium spirits portfolio ...
- Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
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