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LIQUOR INDUSTRY COMPETITION
India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- 5 mid-cap stocks from different sectors with an upside potential of 13 to 24% in one year, according to analystsWhen mid-caps were rising, every concern on valuation was treated as unnecessary caution. Investors who advised patience were told they wer...
- NCLAT rejects pleas against Kerala's liquor procurement agency; upholds CCI orderThe Appellate Tribunal NCLAT has upheld a decision by the fair trade regulator CCI. The CCI had closed a complaint alleging abuse of domina...
- CCI orders antitrust probe into liquor major Pernod Ricard, seven othersThe Competition Commission of India (CCI) has ordered an investigation into French liquor major Pernod Ricard over allegations that it ente...
- India-New Zealand FTA duty concessions under to help boost exports of single malt whisky: CIABCIndia's free trade agreement with New Zealand is set to boost Indian liquor exports. Duty concessions will make Indian single malt whisky a...
- 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...
- Nitish Kumar leaves behind mixed legacy - from 'development with justice' to political flip-flopsNitish Kumar leaves behind a mixed legacy, credited with improving governance and welfare delivery in Bihar, but criticised for frequent al...
- Raise the bar: Delhi govt's new excise plan pours in premium choicesDelhi's government is finalizing a new liquor policy. Premium liquor brands will soon be available at government vends. Exclusive beer bars...
- How Tilaknagar Industries' name came up in Andhra liquor scamTilaknagar Industries is facing scrutiny as Andhra Pradesh's liquor scam chargesheet implicated the company in an alleged kickbacks case. T...
- Surge of foreign liquor brands challenges local premium labels in Uttar PradeshThe retail sector of Uttar Pradesh is witnessing an influx of international liquor labels that pose formidable competition to local premium...
- Eating out, buying alcohol to get 30% costlier in Delhi"If on-premise places like restaurants, clubs and hotels have to buy at full MRP now, there will be menu price hike by 20-30%," said Rahul ...
- "Unfair playing field" against domestic liquor; makers ask Maha govt to reconsider duty reduction on imported productsIn November, the Maharashtra government had announced to reduce the excise duty on imported liquors by half, which is from 300 % to 150 % o...
- Liquor industry wins anti-trust suit against Uttarakhand state armThe Competition Commission of India (CCI) has penalised the Uttarakhand Agricultural Produce Marketing Board (UAPMB) for anti-competitive w...
- Liquor apex body CIABC objects reducing basic customs duty on imported spirits before trade talks with UK“India exports just Rs 5 crore worth of alcoholic beverages annually to UK against an import of Rs 1300 crores. Exports to UK constitute on...
- 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...
- LDF government to review liquor ban in Kerala: Finance minister designate Thomas IsaacIssac said a final decision on changing the UDF-imposed policy “will be taken by the government during the annual review of the liquor poli...
- 93% of alcohol consumed in India is hard liquor, beer and wine far behindThe consumption of beer stood at only 7 per cent leaving wine consumption with a statistically negligible figure of 0.1 per cent.
- Diageo to sell Whyte & Mackay biz amid UK regulatory concernsDiageo has offered to sell most of Whyte & Mackay's biz to ease competition concerns arising from its acquisition of a controlling interest...
- Competition panel to examine state policiesState governments still harbouring a legacy of the control and licence raj will have some tough questions to answer now.
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