Liquor Sale

'Satyamev Jayate': Kavitha after court clears charges in excise policy case

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

Beer industry to invest ₹5,500 crore in UP in next three years: BAI

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,

Pernod Ricard sees strong growth momentum in H2, rules out India IPO

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

J&K earns ₹2,152 crore from liquor shop auctions in two financial years

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

Brokerages cheer Radico Khaitan's Q3 show; premium push, margins shine

Margins were a key positive surprise, analysts said. Gross margin expanded sharply to 46.5 per cent, aided by stable ENA and grain prices and a richer product mix.

ICICI Securities retains 'Add' on United Spirits despite Q3 volume pressure

ICICI Securities on United Spirits: Despite volume pressure, USL reported steady revenue growth, aided by premiumisation.

SC stays order to remove liquor shops near highways across Rajasthan

The Supreme Court has stayed a Rajasthan High Court order that asked for removal of liquor shops within 500 metres of highways, saying the issue needs careful review

Nomura bets on United Spirits as India's alcohol industry turns premium

In a note starting coverage on USL with a 'Buy' rating & target of ₹1,650, Nomura said the sector is seeing a paradigm change as consumers move away from 'drinking more' to 'drinking better'.

Triveni Engineering rises 3% on Delhi entry with premium whisky launch

Triveni Engineering shares gained after the company announced its entry into Delhi's IMFL market, expanding its presence in the fast-growing premium & super-premium whisky segment.

Radico Khaitan premium push intact; Antique raises target to ₹3,800

Antique believes Radico's flagship premium whisky brand After Dark is on track to clock 3.5 million cases in FY26, up sharply from 1.9 million cases in FY25.

Losing buzz: Liquor firms in Telangana buckle under unpaid state bills

Alcohol manufacturers say payment delays are crippling operations, pushing working capital stress to dangerous levels and threatening supply stability

Explained: World goes slow on liquor, but India keeps the spirits high

Global alcohol consumption is falling as people drink less, but India stands out with rising liquor sales and a growing market for spirits

Dussehra rush pushes Telangana liquor sales to record ₹1,000 cr in 4 days

Telangana liquor sales surged ahead of Dussehra, with ₹260 crore on September 28, ₹279 crore on September 29, ₹301 crore on September 30 and ₹320 crore on October 1 lifted by shops

Delhi govt grosses Rs 2,662 cr from Q1FY26 liquor sales: Data

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

Why new liquor vendors in Noida are opting for container-based setups

A revised UP excise policy has enabled prefabricated liquor shops in Noida, but land constraints and zoning rules are pushing more vendors toward the container format

Maharashtra hikes excise duty on liquor, introduces new category: Details

Maharashtra hikes excise duty on Indian-Made Foreign Liquor (IMFL) and country liquor, introduces new Maharashtra-Made Liquor category; state expects ₹14,000 crore in revenue boost

RCB wins IPL, Karnataka cheers with ₹157 crore liquor sales in a day

Karnataka goes into celebration mode as RCB lifts its first-ever IPL trophy, sending liquor sales soaring to ₹157 crore in just 24 hours

Delhi excise department targets eateries selling liquor without licence

The Delhi government has intensified action against hotels, clubs and restaurants serving liquor without necessary excise licenses, officials said on Saturday. Raids were conducted at 40 premises and over two dozen FIRs have been registered in the last few months, they said. An Excise department officer said that between January-April this year, the enforcement teams raided 40 eateries in various parts of the city that were selling liquor without excise license. The department also registered 24 FIRs in this regard. The city has around 1,000 hotels, clubs and restaurants that serve liquor without proper licenses, he said. A significant number of unlicensed premises are operating across the city without obtaining proper licenses. The raids were conducted across Delhi, including in West Delhi and North West areas, and 24 restaurants were found serving liquor without liquor license, officials said. These unauthorized operations are causing the government revenue losses as they don't

Buy one, get one free: Why liquor stores in UP are offering big discounts

Alcohol vendors in Uttar Pradesh are trying to finish inventory before the new excise policy comes into effect on April 1: Details here

In 'dry' Gujarat, govt collects ₹34 cr in tax in two years on liquor sales

The Gujarat government has collected Rs 33.98 crore in taxes in two years from sale of liquor through 28 hotels in Ahmedabad and Gandhinagar districts, the state assembly was informed on Monday. During Question Hour in the ongoing Budget Session, Congress MLA Imran Khedawala raised the query related to number of hotels having permits to sell liquor in these two districts and the tax collected by the government during the last two years. In his written response, Gujarat Chief Minister Bhupendra Patel, who handles Prohibition and Excise department, said 22 hotels in Ahmedabad and six hotels in Gandhinagar district have been given permits to sell liquor. The state government earned Rs 14.45 crore in 2023 and Rs 19.53 crore in 2024 as tax on the sale of liquor at these hotels, Patel said. Patel added that no permit has been cancelled during the last two years. Notably, Gujarat has been a 'dry' state since its inception and sale of liquor is regulated by the government.