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SPIRIT MAKERS
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...- You can't stay in India and insult its symbols, national anthem, song: UP CM Yogi AdityanathUttar Pradesh Chief Minister Yogi Adityanath led a Tiranga Yatra in Lucknow. He stated that insulting national symbols and personalities is...
- India warned Diageo that its whisky's 'matured in American oak casks' claim was misleadingIndia's food safety regulator has warned Diageo about misleading whisky maturation claims. The FSSAI stated that most of the product was no...
- Tequila giant Becle makes direct India push, appoints Shweta Jain as MDProximo is among the last major global spirits companies to establish a direct India operation. Most of its international rivals are alread...
- High on India growth, Diageo gives region 'Standalone' tagDiageo is taking a bold step by designating India as a distinct operational region, separating it from the Asia-Pacific hub. This strategic...
- Dabur takes FSSAI to court; fourth company to do so in recent weeksDabur India is contesting the FSSAI's recent prohibition on products boasting '100% pure' claims, joining numerous other companies that hav...
- AlcoBev makers challenge FSSAI directive over flavoring, labelling norms in High CourtsIn a significant move, United Spirits and Associated Alcohol & Breweries are contesting a directive from the food regulator regarding flavo...
- Kingfisher maker United Breweries cuts West Asia crisis impact estimate to ₹350-400 croreUnited Breweries is now projecting that the ongoing West Asia crisis will have a reduced effect on its earnings. Strong price adjustments i...
- FSSAI bans old monk: Why did regulator stop sale of three variants of the popular Rum?The Food Safety and Standards Authority of India (FSSAI) has banned sale of old monk and other alcoholic beverage makers. Manufacturers all...
- India bans sale of some Diageo, Inbrew whiskies and rum over flavouringIndia's food safety regulator has banned popular whiskies and rums from Diageo and Inbrew. These beverages were found to use artificial fla...
- Maharashtra FDA trains guns on overpriced drugsMaharashtra FDA plans to approach the NPPA regarding exorbitant drug prices. The agency is examining data and will take action against unet...
- FSSAI's 'energy drink' crackdown sends distributors into panic modeDistributors are refusing to pick up existing energy drink stocks nationwide. This action has led to shortages of popular brands on retail ...
- 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...
- Singapore's Temasek joins race for a slice of the $18.5 billion IPLSingapore's Temasek is exploring investment opportunities within India's Indian Premier League. The league attracts sovereign wealth funds ...
- Madhya Pradesh assembly passes UCC Bill amid protest by CongressMadhya Pradesh's assembly passed the Uniform Civil Code Bill by voice vote. This legislation bans polygamy and mandates live-in relationshi...
- 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...
- Q1 earnings this week: Infosys, Eternal, Bajaj Auto among 256 companies set to announce June quarter resultsThe Q1 FY27 earnings season gathers momentum this week, with 256 companies scheduled to announce their April-June quarter results. Key name...
- FIFA World Cup beer sales are hopping. Brewers hope the stout demand outlasts the tournamentIn the U.S., beer consumption has fallen steadily for a decade, according to the Brewers Association, a trade group for craft brewers. Cana...
- India investing heavily in America, bilateral ties 'really great': senior US officialA senior US official described India as a leader in many areas and highlighted strong bilateral ties. India has made substantial investment...
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