The Punjab and Haryana high court has held that if the contract for carrying trade in liquor is thrown open to public auction, it cannot be said that there is exclusion of competition and thereby a monopoly is created. A Read More
It is bad omen for the liquor industry! The very first month of the new financial year has brought disheartening news for the industry. The overall sale of alcoholic beverages is down by 5% in April. The ban imposed by Read More
The Uttarakhand cabinet approved a new excise policy restricting sales in the nine hill districts of the state to six hours a day, from 12 noon to 6pm, even as it set a new revenue target of Rs 2,310 crore Read More
The Delhi High Court has refused to give a direction to increase the size of statutory warning on liquor bottles and packaging, saying it is in the realm of policy making. A bench of Acting Chief Justice Gita Mittal and Read More
Carlsberg India Pvt. Ltd, the local arm of Danish brewer Carlsberg Group, has named Nilesh Patel as its new managing director for India. Patel replaces Michael N. Jensen, who will now be managing director for Myanmar. Patel was most recently Read More
United Breweries Ltd (UBL) reported a significant fall in standalone net profit to Rs6.73 crore during the fourth quarter of 2016-17 fiscal on higher expenses. It had posted a net profit of 52.37 crore in the same quarter of previous Read More
John Distilleries, the makers of Paul John brand is planning to double its malt whisky production capacity from the current 60,000 litres per month. According to media reports, John Distilleries chairman Paul P. John wants 20-25% of the spirits maker’s Read More
A racket involving officials of the Customs, Central Excise as well as the city-based Rajiv Gandhi International Airport, who allegedly sold duty-free liquor outside the airport in Hyderabad, was busted recently with the arrest of two Customs officials. “Based on Read More
United Spirits has in a presentation to its investors in London, said that the Supreme Court ban on alcohol sales near highways will have a short-term impact on its sales. Anand Kripalu, Chief Executive Officer of the Diageo plc-owned USL, Read More
Madhya Pradesh Chief Minister Shivraj Singh Chouhan today said a de-addiction campaign would be launched in the entire state as desired results of total prohibition cannot be achieved by suddenly banning liquor. “We have banned liquor shops in the radius Read More
