WebinarsNew
Explore Business Standard
Liquor Sale
Tamil Nadu Chief Minister C Joseph Vijay on Tuesday ordered the closure of 717 retail liquor outlets across the state. Considering the welfare of the public in mind, Vijay issued orders to shut down the retail liquor outlets. Accordingly, 276 outlets near places of worship, 186 shops near educational institutions, and 255 outlets near bus stands will be closed within the next two weeks, an official release said. There has been widespread demand, especially from women and a few political parties in the state, that all the liquor shops in the state should be closed. The Tamil Nadu State Marketing Corporation (Tasmac) operates 4,765 retail liquor outlets across the state.
Telangana Jagruthi president K Kavitha on Friday expressed relief over being discharged in the Delhi excise policy case and said the judiciary has cut through the "web of lies" in the case. Kavitha, daughter of BRS president and former Telangana Chief Minister K Chandrasekhar Rao, said she has always maintained that the case was politically motivated, foisted on "opposition parties" as part of a political vendetta. "Satyamev Jayate (truth alone triumphs). This (case) was a web of lies. Judiciary has cut right through it," she told reporters here. A Delhi court on Friday discharged former Delhi chief minister Arvind Kejriwal, his deputy Manish Sisodia, Kavitha and 20 others in the politically charged liquor policy case, pulling up the CBI by saying it found no "overarching conspiracy or criminal intent" in the policy. Kavitha said her family members, including her husband, in-laws, and parents, and Telangana Jagruthi workers stood by her during her difficult times, and thanked them
The brewing industry will invest around Rs 5,500 crore in Uttar Pradesh in the next three years on setting up of greenfield units and its ancilleries, industry body BAI said. The beer industry is "betting big" on Uttar Pradesh, said the Brewers' Association of India (BAI), while welcoming the new excise policy announced by the state government, termed it "progressive" and has a "well-balanced approach" for the growth of the industry. "The beer industry and its ancillary industries will be investing Rs 5,500 crore in the next three years," said BAI Director General Vinod Giri. Elaborating the projects, he said work on two greenfield breweries costing around Rs 1500 crore is already underway. "Similarly, two major aluminium can production plants, which entail investment of Rs 2,000 crore, are also in the pipeline, while a few glass production units worth Rs 2,000 crore will also come up soon," Giri told PTI. In addition, plans are underway for the malting unit and paper box makers,
French liquor major Pernod Ricard has ruled out an IPO of its India business as part of its deleveraging strategy, even as it reported a 4 per cent rise in net sales in the country. With growth accelerating to 8 per cent after excluding Imperial Blue, a brand that has now been disposed of and closed by the French Liquor major, it expects the momentum to continue in the second half of FY'26, its Chairman & Chief Executive Officer Alexandre Ricard said. The company, which follows a July-to-June fiscal year, has achieved this growth despite a challenging first quarter, which was "severely impacted" by a very strong tax increase in Maharashtra, said Ricard on the post-earnings call last week. "We expect to see this momentum continue over the second half (H2)," he said in his opening remarks. The Pernod Ricard CEO highlighted that its international spirits portfolio is witnessing a "strong double-digit growth in India, reflecting the ongoing premiumization of the market. India's growth
The Jammu and Kashmir government has generated about Rs 2,152 crore in revenue from the auction of liquor shops over the past two financial years, and has no proposal to open new wine shops during 202627, according to official data. As much as Rs 1,03,462.49 lakh was generated in 202324, while Rs 1,11,816.07 lakh was earned in 202425, it added. The Jammu region contributed the bulk of the revenue, generating Rs 1,96,830.06 lakh over the last two years, while the Kashmir region accounted for Rs 18,448.50 lakh, officials said. The government further stated that no new JKEL-2 liquor licences are proposed to be issued in the next financial year. Sharing district-wise details, the government said existing wine shops generated substantial revenue in the last two years. In Jammu district, revenue stood at Rs 48,350.15 lakh in 2023-24 and increased to Rs 50,913.93 lakh in 2024-25. Udhampur recorded Rs 11,322 lakh in 202324 and Rs 12,061.50 lakh in 2024-25, while Kathua generated Rs 10,653
Delhi government corporations sold about 16.96 crore liquor bottles in the first quarter of 2025-26, grossing over Rs 2,662 crore, officials said on Saturday. The figure was over 1 crore more than the number of liquor bottles sold during the same period last fiscal, they said. Delhi State Industrial Infrastructure Development Corporation (DSIIDC) recorded the highest sale of 5.29 crore bottles of different kinds of liquor from April to June, 2025. This was followed by sale of 5 crore bottles by Delhi Tourism and Transport Development Corporation (DTTDC), 3.65 crore bottles by Delhi State Civil Supplies Corporation (DSCSC) and 2.91 crore bottles by Delhi Consumer's Cooperative Wholesale Store (DCCWS), showed official figures. In the current excise policy, retail liquor sale in Delhi is carried out solely by the government through its four agencies -- DSIIDC, DTTDC, DSCSC and DCCWS -- which operate over 700 vends. In the first quarter of the last fiscal, the four corporations recor