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LIQUOR INDUSTRY
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 ...
- 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 ...
- Delhi starts online liquor booking app: How to order favourite brands without waiting in queues, check process, outlet availability, and key rulesDelhi's latest initiative introduces an online liquor booking app, letting users select their favorite brands and make payments seamlessly....
- 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...
- 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...
- India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...
- From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...
- After flat Indian-Made Liquor sales in April-Sep period, industry body warns Karnataka of harm to revenueThe Confederation of Indian Alcoholic Beverage Companies opposes Karnataka's increased taxation on Indian-Made Liquor. Recent data shows st...
- IMFL segment: Premium products share expected to hit 35-36 pc in 3-4 years, says industryThe India-UK Free Trade Agreement, which became effective from July this year, is supporting premiumisation in the domestic spirits market ...
- John Distilleries surpasses Rs 10,000 crore revenue in FY26; Sazerac become majority shareholderIn FY26, John Distilleries Ltd demonstrated remarkable growth, achieving a revenue of Rs 10,820.10 crore and a net profit of Rs 11.6 crore,...
- Karnataka liquor volumes flat in H1 as beer gets three cheersKarnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however,...
- Industrial alcohol is the GST Council's unfinished federal business: States won the legal fight, but the 18% GST still appliesThe GST Council is set to meet regarding the regulation of industrial alcohol, which has been contested between the government and states. ...
- The debate is settling, the business is moving. Time to look at a larger set? 9 sugar-ethanol ecosystem stocks for the watchlistA new fuel programme is not an easy thing to implement. And it sparks intense debate. Ethanol, for instance, has taken over two decades to ...
- New liquor shops to keep 500-metre distance from schools, religious sites in West BengalWest Bengal has tightened the norms for opening new retail liquor outlets, increasing the minimum distance from schools, colleges and relig...
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