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Liquor

Oct 17, 2019, 11.31 PM IST
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Pernod Ricard India sales grew 3% during July-September

The sale of spirits has been hit by a host of factors like high taxation, restrictive pricing, sporadic prohibitions, among others. India is one of the most profitable regions for Pernod globally and ranks next to the US and China.

8-day rule for whisky, vodka leaves city resto-bars high and dry

Eight-day rule framed by the excise department to control bootlegging and adulteration of premium Vodka and whisky brands has caused a furore among the resto-bars owners in the capital. Bar owners are worried that they would end-up with huge losses.

Waah Taj! IHCL hotels may serve craft beer

The plan, conceptualised by AB InBev’s innovation and investment group ZX Ventures, is to open about 15 outlets at Taj's marquee locations where craft beer will be served.

Gemma Paterson in India to promote The Balvenie brand

The global brand ambassador, Gemma Paterson will hold guided tastings of the hand-crafted single malt whisky in different cities in India

Liquor diktat: Delhi hotels, restaurants get relief

Champagne and sparkling wines must be disposed of within three days, it said now, while removing restrictions on alcopops and beers.

Pernod Ricard's Indian unit grew 20 per cent in FY19

In comparison, Diageo's prestige and above segment, where it competes with the French rival went up 12% in the country.

Destroy alcohol lying in bar for longer than eight days: Delhi excise dept to restaurants

Restaurateurs said this move will result in at least Rs 20 lakh worth of spirits going down the drain every month.

Coming soon to a pub near you: A draught of fresh beer

Brewers such as UB, AB InBev, Bira91 and Simba pouring draught beer versions of their brands.

India becomes Bacardi's second- largest rum market by volume

Bacardi sold about 1.7 million cases of its eponymous brand in India, compared with 1.4 million in Mexico in 2018.

Polls take a toll on Carlsberg’s volume growth in January-June

“We continue to see very appealing long term opportunities in India but at the same time, we need to manage the short term volatility and general risk of doing business in India.”

Spirits, cigarettes sales down amid spending slump

Spirits, cigarettes sales down amid spending slump

Historically, both segments are impacted only after tax hikes and subsequent price increases.

Rajasthan brews medicinal Olive wine, claims to cure diabetes, cancer

Rajasthan brews medicinal Olive wine, claims to cure diabetes, cancer

The liquour, fermented from fresh leaves of Olives grown in the desert of Rajasthan, is waiting for patent before the commencement of commercial production.

Brewers get invitation to big fat Indian weddings

Brewers get invitation to big fat Indian weddings

Big fat Indian weddings — which typically displayed opulent bars with champagne, cocktails and hard spirits — are becoming buzzing venues for leading brewers.

Liquor sales slip as poll curbs dampen spirits

Liquor sales slip as poll curbs dampen spirits

Sales of beer grew 5% while those of spirits expanded 2% during the April-June quarter, according to GlobalData, a UK-based research firm.

Anheuser-Busch InBev sets aside $55 million for tax liabilities in India

Anheuser-Busch InBev sets aside $55 million for tax liabilities in India

The brewer has challenged the capital gains tax demand over acquisition of SAB Miller.

Diageo asks Centre for policy reforms in states for spirits industry

Diageo asks Centre for policy reforms in states for spirits industry

Stressing on the need for a 'stable and simplified policy regime', the spirits maker also said there is a need for a comprehensive regulatory reform for the sector.

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