Page 9 - Alcohol

Police raids Punjab factory making ayurvedic alcoholic syrup for Gujarat

In the last one year, the factory had manufactured around two lakh bottles of the syrup for Gujarat

Demand for Indian single malt catching up with rivals from Scotland

The sales of Indian malt under Amrut brands have crossed the sales of Glenlivet 12 years old, which was the highest-sold Scotch in 2022

Microbreweries growing in numbers despite policy disruptions: Officials

Microbreweries in the city, even beyond its hospitality hub Connaught Place, are slowly growing in numbers despite policy related disruptions in the recent past, officials said. Currently, five microbreweries, including two located outside Connaught Place, are serving draught beer that has a high demand, said the officials of the excise department. The microbreweries at Connaught Place are Evergreen at Tolstoy Lane, The MOB in M-Block and Royal Brewery on Ashoka Road, and they were opened last year, they said. Beyond Connaught Place, Effingut Brewery was opened at MGF Metropolitan Mall in Saket in September last year. Further, Fort City Brewery was issued license in June, said a senior excise department officer. Two more microbreweries -- Route 4 at Ambience Mall in Vasant Kunj and Flow Brew and Dine at DLF Avenue Mall, Saket -- will start serving after approval, he said. Officials said that the microbreweries were to be promoted under the Delhi excise policy 2021-22. However, it

Sula Vineyards records double-digit sales growth in June quarter

Sula Vineyards Ltd, the country's largest wine producer, has recorded a strong double-digit sales growth in the June quarter. Its estimated net revenues year-on-year were up 17 per cent in the April-June period, said a sales update by Sula Vineyards. Sales from its own brands were at Rs 103.5 crore, up 24 per cent, while its portfolio of imported "elite and premium brands" had a 30 per cent growth. "The company has recorded its highest ever Q1 net revenues overall as well as for own brands and the wine tourism business," it said. Its revenue estimates from wine tourism were at Rs 11.4 crore, up 11 per cent. This sales updates will be followed by financial statements for Q1 FY24 once approved by its board, said Sula Vineyards. Commenting on this, Sula CEO Rajeev Samant said: "Our focus on premiumisation continues to pay off with our elite and premium wines leading the pack in terms of growth." Sula Vineyards' wine tourism revenues also grew in double digits. Over the outlook, he

How cost of living crisis arrived at a tough time for brewing industry

Prices of beer, wine and spirits have risen by 13.1, 7.2 and 8%, respectively

Companies not too keen to implement Haryana's liquor at workplace policy

Executives said that while the policy is progressive and intended to create a new precedent, it is only slowly gaining traction

Tipping over tippling: Scotch consumption in India has doubled since 2020

In 2022, India became the world's leading Scotch export destination by volume

Heavy drinkers get more impaired despite higher tolerance claims: Research

People with alcohol use disorder show the same or even more levels of fine motor and cognitive impairment as light/moderate drinkers when consuming their usual excessive amount, research has shown

40% cancer cases caused by tobacco, alcohol; no clue in 20% cases: Expert

"The maximum number of patients of breast cancer and cervical cancer are found in women in urban areas. Cervical cancer patients are found more in rural areas than breast cancer patients"

Food regulator FSSAI proposes new category for 'low alcohol' beverages

Also, lays down ingredients of country liquor

TMS Ep437: Tesla in India, TCS on int'l credit card, markets, angel's share

Can Tesla finally come to India? How will TCS on credit card spend abroad affect you? Will markets turn around in the short term? What is an angel's share? All answers here

UP govt receives Rs 5,400-cr investment for alcohol distillation plants

In the last four years alone, five new breweries have been established in the state with a total investment basket of Rs 363 crore

United Breweries hits 52-week low as high RM prices hurt Q4FY23 margins

So far this calendar year (CY23), the stock has crashed over 20 per cent, as against 0.1 per cent rise in the S&P BSE Sensex

Higher raw material costs to hit alcohol firms in fourth quarter

Premium segment expected to do better than overall sales

Gen Z's clean living means decline in 'sin tax' by £14 bn for UK

Revenue from tobacco now makes up just 1% of total public sector receipts, down from 1.9% two decades ago. Alcohol brings in 1.3% of receipts, shrinking from 1.7%

British Scotch companies seek safeguard against excise duty hikes

The organisation fears any import tariff liberalisation could be offset by increases in state-level taxes

Liquor politics hots up ahead of Madhya Pradesh Assembly election

Under the new excise policy, the state government has decided to close "ahatas" in the state, and end drinking at bars. From April onwards liquor will be sold only at liquor shops

More hiccups: No Dutch courage in Delhi govt's new excise policy

The new liquor policy promised several changes to the way alcoholic drinks are sold in Delhi

Alcohol sales in India rose to a four-year high in 2022, says report

The rise was the sharpest in premium products with their portfolio now accounting for a fifth of all the whisky sold in India

Alcohol should be served in a 'reasonable, safe manner': AI to cabin crew

Cabin crew observations of the quantity, rate and type of alcohol consumed by a guest can help in the assessment of whether that person is unduly intoxicated