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LIQUOR FIRMS
Pune hooch tragedy: Toll rises to 17 as 22 police, excise officials suspended, methanol supplier tracedA spurious liquor tragedy in Pune and Pimpri Chinchwad has claimed 17 to 18 lives. Most victims were daily wage labourers. The state govern...
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 ...
India’s brandy boom still feels uncool. Liquor cos want to give it a makeoverBrandy, a spirit deeply entrenched in South India's culture and cinema, is now undergoing a national makeover. Despite being India's second...
Indian regulators oppose Pernod Ricard's liquor plea, firm says business 'hopelessly fettered'Indian regulators are opposing Pernod Ricard's latest court attempt to regain its Delhi liquor license. The French company's license was re...
‘We are not going to do charity’: Kingfisher beer maker United Breweries plans to exit unprofitable states amid cost surge, pricing curbsUnited Breweries, a major player in India's beer market, is preparing to withdraw from unprofitable regions due to soaring input costs and ...
India's premium liquor boom defies global slowdownIndia's demand for premium liquor is surging. This trend defies global patterns where consumers are buying less expensive options. Despite ...
United Spirits brands to cost more in KarnatakaUnited Spirits, the country's biggest liquor firm, said price tags for its brands will go up by 14-17% in Karnataka after the state announc...
Liquor body CIABC urges centre to not reduce customs duty on importsThe body, that represents leading liquor firms, has submitted a representation which states that any reduction in BCD must be gradual to pr...
Covid-19 impact: Liquor firms fear return of restrictions amid chaos at outletsRetailers that opened doors in Karnataka, Maharashtra, Delhi, West Bengal and Andhra Pradesh noted serpentine queues as tipplers planned st...
Boutique Spirit Brands is on a high with $1 million funding from Kae CapitalBira’s success has prompted investors to look at the alcohol beverage space closely with Kae Capital investing about Rs 6.8 crore in hard l...
Supreme Court allows Bihar liquor firms to dispose stock outside stateIt has been submitted by the Confederation that the existing stock of liquor is of value of almost Rs 200 crore and the firms be allowed to...
Carlsberg's Asia business takes a big hit in Q1 due to India's highway liquor banThis is the first instance of a global liquor firm commenting on the impact of the SC order that forced nearly a third of all outlets to sh...
I-T searches on Delhi-based liquor firm for tax evasionTeams from the IT depart swooped down on a total of 13 premises in Delhi, Chandigarh and parts of Punjab and seized Rs 1 cr cash and 4 kg j...
Radico Khaitan Q2 profit up 25% at Rs 19 croreLiquor firm Radico Khaitan posted a 25.01 per cent rise in net profit at Rs 18.64 crore for the second quarter ended September 30.
Pincon Spirit lists on Bombay Stock ExchangeLiquor firm Pincon Spirit Ltd today got listed on the Bombay Stock Exchange (BSE), where its shares closed at Rs 68.15 on the first day of ...
- UP govt plays Bacchus to liquor baron, Ponty Chadha
UP is under the influence of liquor baron Gurdeep Singh aka Ponty Chadha as the country’s rapidly globalising alcoholic beverage sector loo...
- Mallya mulls takeover bid for NZ liquor firm
Continuing with his acquisition juggernaut on foreign shores, liquor baron Vijay Mallya of United Breweries Group has now set his sights on...