India. Summer effect: beer, liquor sales up in Vijayawada
High temperatures during March and April left the people of the district in torrid weather but the same has contributed to abnormal rise in sale of beer and liquor.
High temperatures during March and April left the people of the district in torrid weather but the same has contributed to abnormal rise in sale of beer and liquor.
Danish brewer Carlsberg A/S on Wednesday said sales fell more than expected in the first quarter due to decline in the Chinese market and foreign exchange fluctuation.
Sales fell 3 percent to 13.01 billion Danish crowns ($1.99 billion), missing the 13.18 billion crowns average of 14 analyst estimates compiled by Thomson Reuters. The negative impact from foreign exchange amounted to 5 percentage points, the brewer said. (more…)
Anheuser-Busch InBev company has disclosed 1Q2016 performance results and has shared expectations for the further year.
According to the quarter report, industry volumes in China remain under pressure. However, AB InBev volumes continue to perform ahead of the industry, declining by 1.1% in the quarter, helped by the focus on the Core Plus, Premium and Super Premium segments. (more…)
A vacation bench of the Hyderabad High Court on Thursday refused to hear a public interest petition filed by TDP MLA A Revanth Reddy, who questioned the wisdom of the state in supplying huge quantities of water to liquor distilleries instead of supplying water to thousands of parched villages in the state. (more…)
Suspecting serious lapses in financial dealings of various listed companies of Vijay Mallya-led United Breweries Group, the capital markets regulator Securities and Exchange Board of India (Sebi) has expanded its probe into possible diversion of funds by the promoters. (more…)
For the first time since Tamil Nadu took complete control of liquor retail and converted the monopoly into its chief money-spinner that contributes nearly Rs 27,000 crore to the state’s coffers, the main Dravidian political parties have been forced into acknowledging that the policy of promoting liquor has had serious consequences for the health of the people and the social fabric. (more…)
Korea’s beer companies are competing to supply their products to Chinese tourists whose latest trend is to come here in the thousands and enjoy food parties together. (more…)
How would you like to enjoy the smooth sensation of freshly tapped beer anytime and anywhere?
Now, with Carlsberg’s latest innovation, Carlsberg Smooth Draught, you can – the only difference being the fact that it’s now in a bottle.
It is now available in a familiar looking green bottle with a white label with hints of silver instead of the brand’s iconic green. (more…)
Taedonggang beer, a state-owned North Korean brand, is available in grocery stores in Dandong and Shenyang, China, according to news reports. (more…)
Citrusy, light-bodied with a hint of sweet. That’s Beteljuice for you, a beer infused with paan and lemongrass. For those who like to venture on the dark side, there’s the roasty Kaapi stout, which marries malt with coffee beans.
To revisit fond childhood memories, try the mango beer created with Alphonsos sourced from the farms of Ratnagiri in Maharashtra. (more…)