Shares of liquor distribution and distillery companies tumbled on Monday after Bihar imposed a blanket ban on the sale of liquor in the state and AIADMK promised a similar ban in Tamil Nadu. (more…)
According to the results of 2015, the sales of Chongqing Brewery Co., LTD have decreased by 5.55% compared to 2014 to 989.5 million litres. (more…)
Troubled tycoon Vijay Mallya’s pangs have just got worse.
Overseas banks have now started to tighten the screws on the beer baron who scurried out of India last month after a passel of local banks declared him a wilful defaulter and initiated court proceedings to recover over Rs 9,000 crore in unpaid loans. (more…)
If a combination of Anheuser Busch InBev and SABMiller could prompt the mega-brewer to focus on its bigger brands and see a massive worldwide distribution, then it should also be the case for Malaysian-listed Guinness Anchor Bhd (GAB), whose major shareholder now is the second largest beer group in the world by volume, Heineken NV. (more…)
Alco-bev beer bar chain Beer Cafe has extended its brand to merchandise across close to 30 categories under the brand name Beerosphere, a statement issued by the company said. (more…)
Carlsberg Vietnam officially introduced Tuborg, its premium international beer, to Viet Nam on Friday. Tuborg is the number one brand of beer by volume in the Carlsberg Group portfolio, and is sold in more than 70 countries and continues to grow globally, particularly in Asia. (more…)
Charging in excess of maximum retail price (MRP) for alcohol or beer served in a licenced hotel is not an offence in violation of legal metrology law, the Kerala High Court has held. (more…)
The Chinese beer market is controlled by five major producers: Snow Beer, Tsingtao, Anheuser-Busch InBev, Yanjing and Carlsberg. Due to the short shelf-life of beer, high transport costs and regional characteristics the brewing companies seek first to consolidate its position in the market of a particular province, to increase the profit at the local level, and then to expand the production. (more…)
The Goa government today granted in-principle approval to Vijay Mallya-promoted United Breweries to expand the capacity of its plant in the state by 25 per cent. (more…)
The Chinese beer Tsingtao has emerged as the No. 1 import brand in Korea at a leading supermarket chain, industry data showed Friday, amid the rising popularity of Chinese cuisine in the country. (more…)
