INDIAN DISTILLERIES
Should investors buy the dip in brokerage stocks? Deepak Shenoy answers But there is a headwind there because SBI did a lot of unsecured lending as well. But therefore, of the public sector bank, Indian Bank looks better. We have a bunch of private banks in our portfolio. So, a little bias there.
03 Jul, 2024, 08.00 AM ISTChild labourers at Som Group's liquor unit worked 11 hours a day A state inspection of a Som Group distillery in Madhya Pradesh found children, aged 13-17, working long hours filling and packing liquor bottles. Following the National Commission for Protection of Child Rights' discovery of 58 underage laborers, th...
02 Jul, 2024, 12.02 PM ISTFrom spirits to simplification: Diageo India to slim down Mallya-era overseas subsidiaries for a better high Diageo first bought a stake in USL in 2012, taking its holding to a majority by the following year. Mallya stepped down from USL in 2016 and left India that year amid loan repayment troubles at Kingfisher Airlines. At the time, USL had nearly two do...
02 Jul, 2024, 06.39 AM IST- ADVERTISEMENT
Amrut Distilleries wins "World's Best Whiskey" title at 2024 International Spirits Challenge Amrut Distilleries from Bengaluru has made headlines by winning the esteemed title of "World's Best Whiskey" at the 2024 International Spirits Challenge in London. This accolade, part of a prestigious competition featuring top global whiskey brands,...
26 Jun, 2024, 02.23 PM ISTIndia to impound liquor firm Som's distillery over child labour Police launched an investigation into Som after the National Commission for Protection of Child Rights (NCPCR) last week found 39 boys and 20 girls working at the factory. The agency also released photos of children's hands it said showed burns due ...
19 Jun, 2024, 08.43 PM ISTIndri launches exclusive edition inspired by the Game of Thrones franchise The Indian single malt brand unveiled two innovative expressions, drawing inspiration from the HBO original series, House of the Dragon.
19 Jun, 2024, 10.55 AM ISTD-St investors richer by over Rs 2 lakh crore as Sensex, Nifty extend record run Indian benchmark indices Nifty50 and Sensex hit fourth consecutive record highs on Tuesday, driven by banking and IT stock gains, amid positive global market trends. Sensex rose 308 points to 77,301, while Nifty gained 92 points to 23,558.
18 Jun, 2024, 04.07 PM ISTAmrut wins five gold medals at International Spirits Challenge in London Amrut Distilleries won five Gold medals at the 2024 International Spirits Challenge (ISC) in London, setting a record for Indian distilleries. Competing with top brands from Scotland, Ireland, and Japan, Amrut's total international awards now reach ...
08 Jun, 2024, 07.57 AM ISTOil firms blamed for ethanol stock pile-up India's ethanol production capacity was about 13.80 billion litres per year in November 2023, of which 8.75 billion litres were molasses-based and about 5.05 billion litres grain-based, according to government data. The production capacity was about...
20 May, 2024, 12.23 AM ISTHic! Hic! Hurray: How Indian single malt whiskies are increasingly finding global cheer Once an unheard-of category in international markets, Indian single malts are now commanding a premium for their artisanal and limited-edition whiskies. What has led to the turn of the tide in this fiercely competitive segment?
18 May, 2024, 09.40 AM ISTIndia's John Distilleries wins three awards at London Spirits Competition “We are honored to have been awarded at the London Spirits Competition. It is indeed a privilege to be appreciated for the quality of our products,” remarked JDL Chairman and Managing Director, Paul P. John.
26 Apr, 2024, 08.21 AM ISTPernod Ricard to invest euro 200 million to build its biggest Asian distillery in Maharashtra French distiller Pernod Ricard plans to invest euro 200 million to build its biggest Asian distillery in Nagpur, Maharashtra. The distillery will have an annual capacity of up to 13 million litres of Indian malt, according to the maker of Chivas Reg...
24 Feb, 2024, 12.11 AM ISTTime for them to say cheers and get re-rated? 4 not so well known smallcap breweries and liquor stocks In the last three years, many sectors and companies which have been in the dumps for years have made a comeback. There are two kinds of comebacks, one is comeback on the dalal street. Second is a comeback in the real business. It is the second one w...
10 Feb, 2024, 03.52 PM ISTIndian single malts make history, overtake global giants in sales for first time Indian single malt whiskies have made history by surpassing renowned international brands in terms of sales. According to the Confederation of Indian Alcoholic Beverage Companies (CIABC), Indian single malts accounted for 53% of total sales in 2023....
08 Jan, 2024, 12.31 PM ISTCurbs may be eased on sugar use for ethanol production The government's decision came amid concerns about a fall in the production of sugarcane due to erratic weather conditions, and rising prices of the sweetener in the domestic market. The all India average consumer wholesale price of sugar was ₹4,142...
16 Dec, 2023, 12.25 AM ISTBJP raises in LS recovery of huge amount of cash from distillery company linked to Cong MP Sanjay Seth, the BJP member from Ranchi, raised the issue during the Zero Hour, seeking a reply from the Congress. Several other BJP MPs sitting next to him displayed newspapers with reports of the recovery of cash to drive home their point.
11 Dec, 2023, 03.38 PM ISTGovt asks sugar mills, distilleries to not use sugarcane juice, sugar syrup for ethanol The Indian government has directed sugar mills and distilleries to refrain from using sugarcane juice or sugar syrup for ethanol production in the ethanol supply year 2023-24. Existing offers received by oil marketing companies (OMCs) for ethanol fr...
07 Dec, 2023, 03.48 PM ISTIt's glass half empty for Indian whisky makers "Indian whisky is not much in demand outside, and domestic demand is robust, so the export opportunity hasn't been exploited to the fullest," said an official. In FY23, for instance, India's whisky exports at $124 million were just 10% higher than $...
11 Nov, 2023, 06.52 AM ISTFundamental Radar: 4 factors that make Som Distilleries a good bet in the liquor space Som Distilleries’ product portfolio consists of various options across beer, rum, brandy, vodka, and whisky. The company has three key millionaire brands in beer – Hunter, Black Fort, and Power Cool.
08 Nov, 2023, 10.19 AM ISTStocks in news: LTIMindtree, Mankind Pharma, RBL Bank, Suzlon Energy, Aurobindo Pharma Mankind Pharma, a recent entrant to the stock exchanges, has been included to several Nifty indices including Nifty500, Nifty Midcap150, Nifty Midcap100 and Nifty200.
05 Jul, 2023, 07.03 AM IST