India. Why only Vijay Mallya?

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Everyone wants a piece of Vijay Mallya, who left India even as a consortium of banks and investigative agencies were tightening the noose to recover money his company owed and see whether there were any irregularities in how these loans were issued and what the money was used for. (more…)

India. Finally, Tamil Nadu administration shuts seven Tasmac shops

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he district administration has shut seven Tasmac shops in Coimbatore at Singanallur (opposite ESI hospital), Perur Chettipalayam, Cheripalayam, Sundarapuram and Vadachittur when members of AIDWA had protested. Two shops at Kinathukidavu were also shut down. (more…)

China’s taste for craft offers fizz for global brewers

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Small-scale brewers from Brooklyn to Beijing are tapping growing demand from cosmopolitan Chinese consumers for high-end beers, a trend which could also help global brewing giants finally unlock frothier profits in the world’s largest beer market. (more…)