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DELHI BEER CRISIS
United Breweries to shut Ludhiana brewery by JuneUnited Breweries has decided to close its Ludhiana brewery in Punjab, effective June 30, 2026, after entering into a long-term capacity lea...- No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%In the current phase of market volatility, the only solace to be derived is from market history. And history tells us that, just like good ...
- European alcoholic drinks companies seek India tariff relief as shortages of cans, bottles loomIndian liquor firms are grappling with rising costs for glass bottles and cans. Supply chain disruptions, linked to the Iran war, are causi...
- Brewers in India warn of shortages as Iran war hits glass bottle, can makersGlobal brewers in India face potential price hikes and supply disruptions due to a gas shortage impacting glass bottle production. Shipping...
- Delhi beer crisis: Why Bhutanese and Nepalese beers are flooding the national capitalDelhi is currently experiencing a beer shortage. Popular beer brands are scarce in retail stores, bars, and restaurants. Beers from Bhutan ...
- Summer products sales go off the chartsDemand for ACs surges in India as retailers face shortages, leading to production challenges for brands like Haier. Voltas office saw a ret...
- Delhi beer sales dip 52% in May due to bad weather, less stock in stores, etcDelhi sold 83 lakh liters of beer in May this year as opposed to 173 lakh litres during the same month last year. The first five months of ...
- Beer giant AB InBev donates medical infra to help Indian states fight Covid-19 second waveLast year, the brewer had provided hand sanitizers and masks to frontline workers across Delhi, Maharashtra, Uttar Pradesh, Karnataka, Tela...
- BEER ratio suggests stocks have turned unattractive. So, what lies ahead?On Monday, India’s 10-year bond yield rose 1.17 per cent to 6.20. It was ruling at sub-6 per cent level before the Budget, but has risen si...
- United Breweries may be among the biggest beneficiaries as bars slowly reopen across the countryThe UBBL stock has declined 23% in the last one year and 15% in the past two years with steep taxes by states, increase in input prices in ...
- United Breweries expects normalcy to return only after FY21The company said it expects sales and demand of its main brands to be under pressure due to closure of key consumption points, including ba...
- Coronavirus fee: Cash-strapped states rush to raise taxes on alcoholIn India, several states either control liquor retailing or wholesale distribution or both.
- NRAI launches ‘Rise For Restaurants’ platform to offer relief to F&B sectorDiners can support restaurants by buying virtual cash worth Rs 1000 at a flat 25% discount today from an expansive list of restaurants acro...
- India in grip of severe water crisis; government mulls making demand management a priorityGovt is planning to make demand management a priority by funding drip irrigation, penalising overexploitation of groundwater, enacting a mo...
- Rain water harvesting boon for industries during water cutsAccording to the Industries Association, industries will be able to sustain the water cuts due to the rain water harvesting system they hav...
- Brands, both big & small, hiring foreign models to sell apparel in IndiaWith the crisis deepening, there has been a rise in those seeking work in India, for opportunities that continue to stay afloat amid global...
- Ireland looks to cash in on India connectBut there are many a reason the Irish relate themselves to Indians: both were once an English colony, both witnessed early settlement of mo...
- Diamond makers ask DTC to widen supply chainBut De Beers' distribution arm remains cautious as global consumer demand for luxury goods yet to recover.
- UB, rivals (beer) belly up to Pepsi for barleyPepsi has already signed a three-year exclusivity contract with Vijay Mallya’s UB for the high-grade two-row barley. High-end whiskies
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