United Breweries (Holdings) Ltd. and its Chairman Vijay Mallya on Friday approached the Delhi High Court, seeking legal representation at a hearing before a State Bank of India (SBI) panel where they would need to explain why they should not be declared wilful defaulters, reports a business daily. (more…)
Shares of fast moving consumer goods (FMCG) companies were trading lower in an otherwise firm market with prominent stocks like Hindustan Unilever (HUL), Dabur India, Colgate-Palmolive (India) and United Breweries from the index hit their respective 52-week lows on the BSE in intra-day trade. (more…)
“If you’re a foodie you don’t just go to Mc Donald’s. And if you’re a beer lover you don’t just drink industrial lagers, you come to us. We are seeing people demand variety, like in the US,” says Greg Kroitzsh, MD, Barking Deer, a Lower Parel pub. Pankil Shah, a director of Neighbourhood Hospitality, which owns Woodside Inn, which has branches in Colaba and Oshiwara, says that now that craft beer is on par with the big labels in terms of pricing, “We have a lot of repeat customers who come back for the taste of craft.” (more…)
Come winter, Delhiites would typically reach for a bottle of rum to stay warm. In the summers, they would opt for a chilled can of beer.
Maybe it is the unusually warm winter this time or changing tastes, but Delhiites are turning this notion on its head. (more…)
Don’t like beer for its bitter taste? India’s largest beer maker is offering a choice to consumers who can’t stand the brew. United Breweries Ltd has just launched a malt-based alcopop—called the Kingfisher Buzz—that aims to take on the Bacardi Breezer, a fruit wine-based drink much favoured by young women. (more…)
Carlsberg India has shaken the organised beer market by more than doubling its share in a short time. Can it dislodge the rivals amidst intense competition? (more…)
Just a decade ago, practically the only bars in India were dark, male-only dens where red-eyed drinkers glowered over glasses of so-called Indian-made foreign liquor, aka IMFL. But rising incomes and a new generation of hip, young drinkers have changed all that. These days, the key Indian demographic for a host of alcohol brands and bars is the under-30 set, and craft beer is fast becoming the cutting-edge offering in the premium segment. Just ask Ankur Jain, who’s pioneering the adoption of bottled craft beers in bars and liquor shops, including his own Bira 91. (more…)
With the popularity of Quick Service Restaurants (QSR) in India and the demand for fast food on the rise, international chain restaurants like Wendy’s and Carl’s Jr. are introducing more innovative menu options to entice its customers. Recently, the menus at chain restaurants like Dunkin Donuts and McDonald’s saw an increase in high-priced items to potentially cater to the working professionals with high disposable income in the metros. (more…)
Call it coincidence or otherwise, even as political parties are demanding implementation of prohibition in the State, sale of beer across Tamil Nadu has dipped since 2013-14 and that of Indian-Made Foreign Spirits (IMFS) since 2014-15.
There have been attacks on liquor shops, protests by activists during the last year, demanding implementation of prohibition in the State. While the beer sales recorded the lowest in the last 10 fiscals, the IMFS sales started to dip from the following fiscal. (more…)
An analysis of the statistics on the sale of IMFS and beer since 1983, when the Tasmac was established, has throw up interesting details on the drinking habits in the State. (more…)