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WHISKY REGULATIONS IN INDIA
For investors who focus on the long term: 5 mid-cap stocks from different sectors with upside potential up to 28%When prices fall, caution comes naturally. Investors hesitate, portfolios are reviewed less often, and even optimists become careful. But w...
India has a story to tell in single malts that is not borrowed from Scotland or Japan: Alcobrew’s Romesh PanditaIn a freewheeling chat, Romesh Pandita, Chairman and Managing Director, Alcobrew Distilleries India, highlights how Indian single malts are...
Why Pernod Ricard is facing heat in one of its most crucial liquor marketsFrench liquor giant Pernod Ricard faces significant hurdles in India, its largest global market by volume. The company is embroiled in a ma...
Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
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...
CCI approves Tilaknagar Industries proposal to acquire Pernod Ricard's Imperial Blue bizFair trade regulator CCI has approved Tilaknagar Industries' acquisition of the Imperial Blue whisky business from Pernod Ricard India. The...
Country's liquor companies may approach FSSAI for separate standard for Indian single malt whiskyIndian liquor makers are seeking a separate standard for Indian single malt whisky from the FSSAI. This will help maintain its reputation a...
Sazerac may be ready in a few years to acquire maker of Paul John whisky: CEO Jake WenzSazerac Company, aiming to fully acquire John Distilleries within the next few years. This move signifies Sazerac's confidence in the India...
India's whisky takes on Scottish peers, boosting this tiny stock 290%Piccadily Agro Industries Ltd. has surged by its daily limit in two sessions this week after its single-malt Indri Diwali Collector’s Editi...
FSSAI amends alcoholic beverage norms; says no nutritional info on label except energy contentIn the amendment, the FSSAI has also defined single malt whiskey and single grain whiskey. "Alcoholic beverage shall not contain any nutrit...
Actor Sanjay Dutt invests in alcobev startup Cartel & BrosThe startup’s first product is blended Scotch whisky brand Glenwalk, which the company is importing from Scotland, to be followed by brands...
Sanjay Dutt invests in alcobev startup Cartel & BrosActor Sanjay Dutt, along with other investors, has invested in Cartel & Bros, which plans to import and retail a range of liquor brands suc...
Price control hurting liquor business in India: John Distilleries"There seems to be no coordination between state and central regulation and nobody wants to take an interest in that. At some point in time...
Bacardi witness one of its highest growth despite covid-led restrictions: MD Sanjit RandhawaFor the maker of the eponymous rum brand, India is the second-largest market by volume and one of the fastest growing markets globally. How...
Why rare whisky is rarer in India"If there are only 20 bottles produced in the world, we can't afford to send one to the lab for testing," said the marketing head of one of...
Regulator steps in: Whisky will be whisky, not rumThe draft regulations define an alcoholic beverage as a “beverage or a liquor or brew containing more than 0.5% ethyl alcohol (ethanol) by ...
- GI status gives Scotch Whisky new high in India
India has granted GI status to Scotch Whisky, a legal protection that will help prevent the sale of counterfeit products in the Indian mark...
- Scotch sales in India, China may receive a blow
The Westminster Government has come up with detailed legislative proposals to give geographical definitions to protect its Scotch whisky in...