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POPULAR LIQUOR SEGMENT DECLINE
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...- Ladakh has only one operational liquor shop, LG Admin rebuts Sonam Wangchuk's claimsSonam Wangchuk has raised concerns over the increase in liquor outlets in Ladakh, leading to protests by women. The UT administration respo...
- 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...
- Max Financial Services reports massive profit growth of Rs 100 crore in Q2 FY26Max Financial Services recorded a substantial rise in net profit during the second quarter to ₹100 crore. This marks a significant increase...
- 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...
- Netflix stock price is down 32 per cent this year: What led to this downfall? Check predicted target price, market valueNetflix trades at nearly 18.3 times expected earnings over the next 12 months, compared with 14.76 times for Walt Disney and 6.26 times for...
- 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...
- Cipla Q2 Results: Profit falls 35% YoY to Rs 878 crore; revenue slips 2%Cipla reported a 35% drop in consolidated net profit for Q2FY27, which stood at Rs 878 crore. The company also experienced a 2.4% year-on-y...
- Digital payments mandatory for liquor purchases above Rs 1,000 in Tamil Nadu from November 1: Check what changesTamil Nadu’s state-run TASMAC will make digital payments mandatory for liquor purchases exceeding Rs 1,000 from November 1. Customers can p...
- The Rs 1.5 lakh crore MTF problem: How shrinking leveraged positions are deepening India's smallcap sell-offIndia’s smallcap sell-off is intensifying as margin trading facility (MTF) positions decline from record levels. With nearly Rs 72,000 cror...
- 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...
- MS Dhoni’s advice for Gen Z, millennials: Why everyone needs to hear his message on fitness, health and his opinion about India’s carbohydrate-rich food cultureIn a heartfelt message about wellness, MS Dhoni provides valuable insights on fitness and health for everyone. He points out how today's fa...
- Smallcap mutual funds attract 44% of equity inflows despite stretched valuations. Should investors be cautious?Investor confidence in small and mid-cap stocks is strong, with rising valuations when compared to large caps. Last month, small and mid-ca...
- 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...
- India smartphone shipments fall to decadal low as prices squeeze demandIndia's smartphone market experienced significant declines in shipments during the July-September 2026 quarter. Shipments fell by 20% year-...
- Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressureIn the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by ...
- 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...
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