Liquor
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Jagatjit Industries in advanced talks to secure INR 300 Cr for expansion and debt repayment
IMFL maker Jagatjit Industries is currently in talks to secure approximately INR 300 crore in an equity deal. This funding is intended to retire...
Central Consumer Protection Authority cracks down on liquor brands for violating surrogate advertising regulations
Following the discovery of several instances of liquor brands violating surrogate advertising regulations, the Central Consumer Protection Authority (CCPA) has called upon companies to...
Delhi govt extends existing excise policy for fiscal year 2024-25
The Delhi government has extended its prevailing excise duty based policy for the coming financial year 2024-25, officials on Monday said.The competent authority has...
Kadamba single-malt whisky shines on global stage, named ‘Emerging Brand of the Year’ by Ambrosia Magazine
In a significant milestone highlighting India’s growing presence in the global spirits industry, Kadamba Single-Malt Whisky has secured prestigious accolades from three of the...
Indian alcoholic beverages industry set for margin improvement and sales surge in FY2025: ICRA
The Indian alcoholic beverages industry is set for margin improvement and higher sales in the fiscal year 2025, as reported by ICRA, a credit...
Punjab cabinet greenlights new excise policy, targets revenue of over INR 10,000 Crore
The Punjab cabinet has approved the excise policy for 2024-25, with the goal of generating revenue of more than INR 10,000 crore from the...
Telangana plans to curb home delivery of liquor, authorities set to enforce stricter regulations
With the emergence of numerous mobile apps and individuals providing liquor delivery services to entice customers, the Telangana Prohibition and Excise Department is mobilizing...
Kerala to introduce advanced security label for Indian-made foreign liquor
The Kerala government has decided to introduce security labels for Indian-made foreign liquor (IMFL) within the state. These new labels boast 30 distinct security...
United Spirits hit with INR 4.47 Crore tax demand by Maharashtra State Authorities
Liquor maker United Spirits, now Diageo India, on Wednesday said it has received a tax demand of INR 4.47 crore from the Maharashtra state...
Kerala’s bar hotel count skyrockets by over 2,600% in 8 years
In 2016, Kerala had one of the lowest counts of bar hotels. However, currently, the state boasts 801 operational bar hotels, marking an astounding...
Karnataka govt to revise liquor duty rates to bolster revenue and curb trade diversion
The Karnataka state government plans to adjust duty rates across the 18 slabs for Indian Made Liquor (IML) to safeguard its revenues and prevent...
Irish Distillers chairman eyes India as next big market, anticipates second-highest global standing
Irish Distillers chairman Nodjame Fouad expects India to become its second-largest market globally, driven by premiumisation and consumers experimenting across spirits after the Covid-19...