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DISTILLERS CONCERNS KARNATAKA
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
- Karnataka liquor taxation: Distillers to meet CM, seek review of new alcobev tax structureAlcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...
- Stoves to cars: India expands ethanol use amid West Asia warIndia has a massive surplus of ethanol, pushing policymakers and industry to find new uses. Ethanol-powered cooking stoves are being tested...
- Tech advances yet to fix uneven mill performance, data gaps in sugar sector: Food SecretaryDespite technological advancements, sugar mills face challenges like recovery rate variability and energy inefficiencies. Industry leaders ...
- Karnataka's liquor deregulation: Why United Spirits, United Breweries & Allied Blenders are Dalal Street's new favouritesKarnataka is poised for a significant policy shift in its liquor sector, moving towards deregulation. This move is expected to benefit majo...
- Liquor revenues on course but dropping sales worry distillers, retailers in KarnatakaKarnataka is on track to meet its ₹40,000 crore excise revenue target for 2025–26 despite a fall in liquor consumption after repeated tax h...
- Revamped ET Soonicorns Summit 2024 returns to Bengaluru on 20 September with the theme ‘From Resurgence to Resilience’. Have you registered yet?From Minister Priyank Kharge to Indian startup ecosystem’s stalwarts, including Hari Menon, Aman Gupta, Shanti Mohan, Shally Modi, Mayank K...
- Demand for spirits slows on increased taxes and high baseThe Indian spirits industry experienced a slowdown in demand to 2.2% in the quarter ended September, reversing a 7-15% growth trend over th...
- Covid-19 lockdown: Liquor companies want shops to be reopenedIndustry body tells government suspension of sales only helping illegal trade, hurting revenue of states. Food is an essential commodity an...
- Liquor sales lose some spirit in Q4 on rising poll feverSales grew 3% in January-March period; the lowest in six quarters.
- After Market: TCS, RIL slip; 95 stocks look bearishMarket has not been able to take a directional cue overall from the global markets.
- Failed winter rains, looming El Nino challenge India's factoriesThe affected area represents a fourth of the nation’s manufacturing output, and includes global auto giants, textile makers and technology ...
- Shareholder activists blast Diageo for Mallya flip-flopUSL disclosed to exchanges additional inquiries have established a Rs 1,225-crore money trail to beneficiaries controlled by Mallya, deploy...
- Government launches Rs 500 crore mission to protect local cattle breedsThe govt launched 'Rashtriya Gokul Mission' with an outlay of Rs 500 cr for protection, preservation & conservation of indegenous breeds.
- Why government imposes tax on liquor despite being big businessLiquor is big business for governments. So naturally the tax rules are perverse. But there is method in this madness.
- UB Group now focusses on manufacturing to derisk business: Ravi NedungadiRavi Nedungadi, President and Group CFO,UB Group in an interview with ET Now, talks about the group's prospect and its strategic planning.
- 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.
- Tipplers take hotels on a New-Year highLiquor sales at hotels and restaurants reversed out a decline by 12-15% as consumer sentiment improved over last year, which faced the twin...
- Manufacturing norms for country liquor on anvilThe Bureau of Indian Standards is in the process of setting fresh norms for country liquor. Invest in wine I High-end whiskies I Heavy drin...
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