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DISTILLERIES IN MAHARASHTRA
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe latest escalation in the US-Iran war means that crude oil price is back as a risk for India. Although we are in a market already strugg...- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- 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...
- 'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...
- Rs 10 sugarcane FRP hike: Small raise, big questions for farmers and millsFarmers call the hike inadequate while industry warns of rising cane arrears
- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets closed with modest gains led by SBI and ICICI Bank, as auto and energy sectors recovered; Nifty 50 up 0.05% at 24,364.85, Se...
- Pernod Ricard to set up malt distillery in MaharashtraPernod Ricard India will establish a malt distillery and maturation facility in Maharashtra, investing up to Rs 1,785 crore over the next 1...
- Pernod Ricard to invest euro 200 million to build its biggest Asian distillery in MaharashtraFrench distiller Pernod Ricard plans to invest euro 200 million to build its biggest Asian distillery in Nagpur, Maharashtra. The distiller...
- For want of proper licences, Maharashtra mills may lose out on ethanol opportunityTo supply ethanol, mills must have licences from PESO as mandated by the National Green Tribunal.
- Animal feed industry cross-subsidises grain-based alcoholAs the oil companies have raised use of ethanol for blending with petrol, prices of molasses-based ethanol have risen from about Rs 27/litr...
- Sovereign Distilleries becomes wholly-owned subsidiary of United SpiritsVijay Mallya-led United Spirits said Karnataka-based Sovereign Distilleries (SDL) has become a wholly-owned subsidiary.
- Vijay Mallya-led United Spirits Q1 net profit increases 13.76%Vijay Mallya-led United Spirits's net profit grew 13.76% year-on-year to Rs 137.71 crore in the first quarter, against Rs 121.05 crore in t...
- United Spirits gains control of Sovereign DistilleriesVijay Mallya-led United Spirits has increased its stake in Sovereign Distilleries, giving it direct control over the Karnataka-based compan...
- USL buys 41.54 pc stake in Sovereign DistilleriesLiquor manufacturer United Spirits Ltd said it has acquired 41.54 per cent stake in Karnataka-based Sovereign Distilleries for an undisclos...
- United Spirits to buy Pioneer DistilleriesSpirits major United Spirits has signed an agreement to acquire a majority stake in Maharashtra-based Pioneer Distilleries for Rs 74 crore.
- Radico Khaitan to set up distillery in MaharashtraRadico Khaitan, the second largest spirit manufacturer and producers of 8 PM Whisky is setting up shop in Maharashtra, considered a bastion...
- Radico Khaitan takes 36% in Rs 160-cr greenfield distilleryIndia’s second largest spirits marketer, Radico Khaitan, will take 36% stake in a mega greenfield distillery project in Maharashtra.
- Pioneer gains on land bank valueThe Pioneer Distilleries scrip has been in the thick of action of late on talk that the company is setting up a power plant on its premises...
- Dwarikesh sugar on expansion spreeDwarikesh Sugar Industries Limited on Wednesday said it is planning to set up a distillery unit at Bareilly in Uttar Pradesh at an investme...
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