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LIQUOR COMPANIES
Govt moves to resolve Scotch tariff dispute under UK trade pact, sources sayIndia has assured industry executives that it will honor the trade pact with Britain regarding Scotch whisky tariffs. Ongoing investigation...- Why is India's probe of Scotch imports from Britain rattling liquor majors?India's investigation into bulk Scotch whisky imports has triggered the first major trade dispute under the India-UK free trade agreement. ...
- Mass brands give liquor companies a hangover"It is difficult to pinpoint the reasons for the slowdown, even in states such as Uttar Pradesh which had recorded strong growth earlier," ...
- 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...
- Govt to meet liquor firms as domestic giants join foreign peers in Scotch disputeIndia's government is holding talks with liquor companies regarding tariff reductions on bulk Scotch imports. Major firms, including Diageo...
- United Spirits' mass-market liquor sales slump as inflation squeezes lower-income consumers, premiumisation takes centre stageUnited Spirits is facing subdued demand in its mass-market liquor portfolio as inflation squeezes lower-income consumers, while regulatory ...
- Diageo's India unit searched as state tax officials review Scotch importsUnited Spirits, the Indian subsidiary of Diageo, was searched by Maharashtra tax authorities due to an investigation. The authorities are p...
- Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon EnergyIndian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares ...
- United Spirits’ popular segment sales fall 22.7% as state policies squeeze marginsUnited Spirits reported a 22.7% decline in its popular liquor segment sales during Q2 FY2027. The decline was attributed to increased taxes...
- Jay-Z to headline next year's Super Bowl LXI halftime show: What is the rapper’s net worthJay-Z's impressive net worth of $2.8 billion stems from a mix of his music career and savvy business moves, including his involvement with ...
- Global Market: China, Hong Kong stocks rebound as SK Hynix earnings lift AI optimismChinese and Hong Kong stocks rebounded after two sessions of losses, led by technology shares amid renewed optimism over artificial intelli...
- Tax officials visit Radico Khaitan offices and plant amid probe into bulk Scotch imports under India-UK pactTax officials from the Directorate of Revenue Intelligence have visited offices and a manufacturing facility of Radico Khaitan. These actio...
- Radico Khaitan’s premium spirits have a moment as regular volumes lose groundRadico Khaitan’s net revenue rose 16.8% year on year to Rs 1,745.1 crore in Q2 FY27, while net profit jumped 66.1% to Rs 230.9 crore. Premi...
- Sugar stocks: Short-term pain is real; has the long-term case broken? 7 stocks from the sugar-ethanol ecosystemThough this year's ethanol tender leaves sugar out, the long-term blending roadmap still points to rising ethanol use. The move is aimed at...
- 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...
- Climbing down the Moutai: Is the prestigious Moutai brand crumbling under China's anti-extravagance campaign and economic turmoil?Moutai, a prominent baijiu brand in China, has experienced significant fluctuations in demand and prices. The brand's popularity is affecte...
- Global Market: China, Hong Kong stocks fall as CATL slump, consumer worries weighChinese and Hong Kong stocks fell as slower profit growth at CATL and concerns over weak domestic consumption weighed on sentiment. Consume...
- Paul John may retain 10-20% stake in John Distilleries after Sazerac takeoverPaul John, founder of John Distilleries, is considering retaining a minority stake of 10% to 20%. Sazerac, which now holds 65.7% of the com...
- China stocks end higher as strong GDP outweighs AI jittersChina's economy expanded 4.5% year-on-year in the third quarter, topping forecasts and reducing the urgency for Beijing to step up support ...
- Defence canteens suspend orders for 3 Old Monk variants after Maharashtra FSSAI actionOrders for three variants of Old Monk rum have been suspended by the defence ministry's canteen stores department due to regulatory action ...
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