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SPIRITS SALES SLIDE
C’mon SEBI, step out & save: The market regulator should fix flawed IPO rules to stem inflated valuations, and capital flightCoca-Cola may list on Indian stock exchanges next year, a significant shift after 50 years. This move could expose inflated valuations due ...- Jack Daniel’s sales tank 62% as Canadian boycott deals a major blow to whiskey giantJack Daniel’s has been hit with one of its steepest sales drops in decades after a 62% collapse in Canadian sales. The sharp decline comes ...
- Pernod Ricard launches restructuring plan as spirits sales slidePernod Ricard is reorganizing its business structure by consolidating brands into two primary divisions, as revealed in internal documents....
- Trump's tariffs set to drive up bar bills and cut booze jobsUS President Donald Trump's tariffs will lead to higher prices for drinks, job losses, and the disappearance of numerous imported brands fr...
- Trump's tariffs set to drive up bar bills and cut jobsTrump's reciprocal tariffs, including a 25% levy on beer imports and higher EU alcohol duties, threaten U.S. bar menus, sales, and jobs. In...
- Stocks in news: HDFC AMC, HCL Tech, Delta Corp, United Spirits, BELIT services company HCL Technologies reported 6% growth in its consolidated net profit at Rs 4,591 crore for the quarter ended December 202...
- Drop by drop, indices in deep waterThe NSE Nifty fell 0.87% or 218.85 points to close at 24,795.75. The BSE Sensex declined 0.78% or 638.45 points to close at 81,050. Both in...
- From wine to fishing tackle, retailers pray Advent calendars draw in shoppersThe calendars traditionally mark every day in December of Advent, a time of reflection for Christian believers and of preparation for the N...
- PV, tractor retail sales shine in festive season, two-wheelers skidPassenger vehicle (PV) and tractor registrations at regional transport offices (RTOs), which are a proxy for automobile retail, grew by 14%...
- Beer jostles for space in the Indian fridge amid Covid-19 crisis; hard spirits gain advantageWhile consumption of alcohol is not taboo in most Indian households, the habit of stocking beer in a family fridge is not routine. Its shor...
- Budget 2019: Auto sales continue to move in reverse gearJune car sales shrink by double digits for third month in a row; commercial vehicles skid too.
- Stocks in the news: HDFC, Tata Motors, DLF, Marico and SBIHere's a look at the top stocks that may hog the limelight in today's session.
- Paradise Papers: Here’s how to fix this corporate messPerfect solution would be to equalise corporate taxes everywhere. But that would be extremely uncomfortable not only for the tax havens, bu...
- Tamil Nadu sees dip in liquor sales, but revenue upBy hiking the prices, the government seems to have achieved the twin objective of bringing down alcohol consumption and increasing the reve...
- Glenlivet tops Indian single malt marketThe world's largest whisky nation is revving up a single malt story, which some of the most storied brands are out to win.
- Ratan Tata seeks shareholders' support for Cyrus Mistry at his last AGM as chairmanRatan Tata sought shareholders' support for his successor Cyrus Mistry, who will take over the mantle of the salt-to-software giant in Dece...
- See fair amount of buying opportunities in midcaps: Deepak MohoniThe midcap index is not in an intermediate downtrend, unlike other sections, and there are still buying opportunities, said Deepak Mohoni.
- Champagne corks popping again in luxury businessChampagne corks are popping again in the luxury business as "It" bags and expensive watches this year sell like hotcakes from Beijing to Ne...
- Global recession has little impact on 'sin stocks'Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, alcohol, cigarette and candy makers are all r...
- Recession? Eat, drink, smoke and be merryEven as consumers face soaring energy costs, rising food prices and higher mortgages or rent, they're not prepared to forgo life's little t...
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