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SC seeks CCI response in Kerala State Beverages Corp caseThe Supreme Court has sought responses from the Competition Commission of India and others. This follows an appeal by the Confederation of ...
Inspectors seize thousands of Diageo whisky, vodka bottles in food safety crackdownIndian inspectors seized approximately eighteen thousand boxes of Diageo liquor bottles. These bottles allegedly lacked required markings f...
'Start companies while in school': Skyroot CEO Pawan Chandana’s advice to Gen Z & Gen Alpha on taking risks, choosing deep tech and building earlySkyroot Aerospace's CEO, Pawan Chandana, calls on young innovators to initiate bold projects in vital sectors such as space and defense. Fo...
Premiumisation lifts liquor companies' June quarter topline amid cost headwindsPremiumisation is the key growth driver for India's alcoholic beverages industry. Major spirit makers expanded revenue and protected margin...
FSSAI crackdown sends food, beverage firms back to drawing boardAmid heightened regulatory scrutiny, Indian food and beverage companies are taking steps to update product labels and advertising claims. R...
Kedarnath Yatra: Police seize liquor worth Rs 12 lakh, drugs worth Rs 6.3 lakhRudraprayag Police are intensifying their crackdown on illegal liquor and narcotics trade. Approximately fifty-three cases under the Excise...
The ethanol story is changing. Is investing in the ecosystem the better way? 15 stocks across different market cap segmentsThe ethanol story started simply enough: Cut India's dependence on imported crude oil. It would save foreign exchange. Give farmers a new a...
FSSAI names United Spirits, INBREW in crackdown over added flavours voilation in alco-bev productsThe FSSAI has issued notices to several liquor manufacturers for adding artificial flavors. These companies are accused of imitating natura...
SC Judge V Mohana recuses from hearing Senthil Balaji's anticipatory bail pleaJustice V Mohana recused herself from hearing V Senthil Balaji's bail plea. The Supreme Court will hear the urgent plea later today. Balaji...
Global Market: China, Hong Kong stocks slip as AI selloff hits chip shares; defensive sectors gainChina's equity markets tumbled on Thursday as a global selloff in AI-linked stocks triggered steep declines in semiconductor and optical tr...
Spider-Man Brand New Day Twitter review: 7 tweets to read before watching Tom Holland's biggest superhero movie in IndiaTom Holland's Spider-Man: Brand New Day released in Indian theaters today, July 30. Advance bookings for the film exceeded expectations, su...
India's Ahimsa indices mark beginning of a new era in ethical investingIndian stock exchanges have launched new ethically-anchored indices. These indices align with indigenous values like ahimsa and saatvik pri...
Global travel restrictions benefited premium Indian liquor retail: CartelBros’ Mokksh SaniGlobal travel restrictions redirected premium liquor sales to domestic retail markets. This shift occurred as duty-free sales at Indian air...
AlcoBev company ABDL targets mid-teen growth in FY27, aims to cross Rs 600 crore EBITDAAllied Blenders and Distillers expects mid-teen revenue and volume growth by FY27. The company is focusing on premiumisation and expanding ...
Tamil Nadu cracks down on liquor overcharging, repeat offenders face dismissalTamil Nadu has introduced strict new rules for state-run liquor outlets. Staff overcharging above the Maximum Retail Price will face progre...
RJ Corp picks former Diageo maven Prathmesh Mishra to expand drinks playRJ Corp, led by Ravi Jaipuria, has appointed former Diageo executive Prathmesh Mishra as it explores expanding into the premium alcoholic b...
Scotch at a discount post UK FTA is only half the story for India's whisky marketIndia's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices...
From craft beer darling to founder's exit: Bira 91's journey ahead of a revival bidBira 91 founder Ankur Jain has exited the company after a settlement. This agreement allows for the company's recapitalization and operatio...
Absolut vodka maker Pernod Ricard withdraws plea against $314 mn India tax demandFrench firm Pernod Ricard has withdrawn its court challenge against India's tax demand. The company faced a $314 million demand for underva...
Som Distilleries shares jump 14% as ace investor Prashant Jain buys 25 lakh shares in Q1. What is he seeing?Shares of Som Distilleries surged after veteran investor Prashant Jain acquired a 1.22% stake in the company during the June quarter, accor...