UBHL has sought a month’s time to file last fiscal’s results citing “uncertainties” resulting from ongoing cases against its Chairman Vijay Mallya in the Supreme Court and Debt Recovery Tribunal over the Rs 9,000 crore dues owed by its defunct group firm Kingfisher Airlines to lenders. (more…)
The products of the year were awarded at the end of March. With the “Craft Master Two”, RASTAL was able to score with the expert jury and outperform the international competition. The sought-after “Red Dot” award is the highly respected seal of outstanding design quality. (more…)
A day after Chief Minister Jayalalithaa ordered closure of 500 state-run Tamil Nadu State Marketing Corporation (TASMAC) liquor outlets, MDMK leader Vaiko appealed to the government to close 1826 shops. (more…)
Heineken opened its own summer beer pub in Bolshaya Dmitrovka Street in Moscow, Vedomosti reports, citing the company’s representative. In his words, such a step has been taken due to existing restrictions on beer advertising. (more…)
In 2015, although the national beer output reached 3.4 billion liters, according to the Association of Beer – Alcohol – Beverage Vietnam (VBA), over 5 years, the growth rate of the beer sector was dwindling rapidly as in 2011 it was 8.5%, and fell to 4.7% by 2015. (more…)
Canadean’s latest long-term beverage predictions highlight the increasing volume migration from developed to emerging markets. (more…)
Legal proceedings in India against beleaguered businessman Vijay Mallya has now come to haunt his US-based brewery firm, which is banking on $1 million bridge loan promised by his holding firm for survival. (more…)
The plea assumes significance as the Supreme Court had earlier upheld the Bombay High Court order banning the hosting of IPL matches (more…)
In the days preceding the elections, outlets of Tamil Nadu State Marketing Corporation Ltd (Tasmac) witnessed ‘panic buying’ across all regions in the State on fears of imminent prohibition. (more…)
TEN years ago, the Singapore Exchange (SGX) scored a coup. Thailand’s largest brewer Thai Beverage, or ThaiBev, ditched plans to list in the Buddhist nation for the Singapore bourse, following protests back home against its alcohol-centric business. (more…)
