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BEER SALES CONTRACTION
Asgard Alcobev ties up with Mohan Meakins for Golden Eagle BeersAsgard Alcobev will brew and sell Golden Eagle Beers in Northeast India and Bhutan. Its subsidiary CMJ Breweries has an agreement with Brew...- Investors take control of Bira 91's Beer Cafe amid cash crunchIn a decisive move, Kirin Holdings, the principal stakeholder of Bira 91, along with its financial partner Anicut Capital, have taken charg...
- Heineken to sell less beer in 2025 as demand faltersHeineken has again lowered its 2025 beer sales volume guidance, citing worsening macroeconomic challenges. Despite a CEO's expectation of d...
- Beer sales in Karnataka contracting due to high taxes, bringing down tax revenues in state: BAIThe beer industry has urged Karnataka to halt frequent tax hikes, as recent increases have stalled beer sales and risk investments of over ...
- Summer Rush: Consumer companies' production in top gearWhite goods makers are increasing production and running their cooling product line of air conditioners, refrigerators, coolers and chest f...
- Indian environment, highly uncertain and volatile: Carlsberg CEO Cees't HartThe world's third-biggest brewer said its Indian business at off-trade or retail channel fell 40% in the quarter ended September. Also, man...
- India's diamond trade has one less problem to solve amid pandemicDe Beers and ALROSA, the two biggest miners in the trade, have decided to extend by a quarter the existing long-term rough diamond supply c...
- The great diamond glut: Miners stuck with gems worth billionsThe five biggest producers are probably sitting on excess inventories worth about $3.5 billion.
- Spirits, cigarettes sales down amid spending slumpHistorically, both segments are impacted only after tax hikes and subsequent price increases.
- Carlsberg recovers from highway ban hangover, volumes up 9.4%Carlsberg has been focusing on brands such as Tuborg Strong and Elephant in India because strong beer accounts for 80% of country's overall...
- How in the second wave of craft beer, the action is shifting to canning and bottlingIn Bengaluru, the original beer capital of India, three of the best known brewpubs — Arbor Brewing Company, Toit and Windmills Craftworks —...
- De Beers fighting to restore monopoly; challenges lie aheadSince its inception, De Beers has survived two World Wars, the Great Depression, the break-up of the USSR and the end of apartheid in South...
- Indage Vinters to bottle Foster's wine brandsIndian wine company Indage Vinters, formerly Champagne Indage, has signed a three-year contract with Foster’s to bottle the latter’s wine b...
- InBev-Jaipuria to uncork beer in Mallya's home turfThe world’s largest brewer by volume, InBev, is likely to start operations in Bangalore, right at the heart of Vijay Mallya’s brewing empir...
- Cobra Beer ties up with Mohan Rocky SpringwaterKaran Billimoria-promoted Cobra Beer on Monday said it has entered into a collaboration with Mohan Rocky Springwater Breweries for the cont...
- Cobra set to pick up 76% in Regal BreweriesNRI millionaire Karan Billimoria’s Cobra Beer is taking 76% stake in Regal Breweries, a joint venture with local partner NV Group promoted ...
- UB weighs brewery shift as pollution row ferments in Andhra PradeshConcerns over water pollution have hit one of the key plants of United Breweries (UB) in Andhra Pradesh.
- Cobra Beer set to ink three bottling dealsThe UK-based Cobra Beer is set to ink three new bottling deals with independent brewers in India.
- Billimoria may sell stake in Cobra BeerNRI millionaire Karan Billimoria-owned Cobra Beer may look at divesting a significant stake to a global brewer, sources said.
- SABMiller looks to brew in TNSABMiller has entered into talks with its main rival UB to buy the latter’s brewery in Tamil Nadu.
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