Shares of United Breweries Ltd surged nearly 6 percent today after Heineken International BV increased its stake in the company by buying shares worth Rs 152 crore.
The scrip rose 5.91 percent to end at Rs 877 on BSE. During the day, it soared 7.15 percent to Rs 887.30
At NSE, shares of the company jumped 5.76 percent to close at Rs 876.50. (more…)
Microbreweries are pushing the envelope when it comes to developing unique flavoured brews — experimenting with fruits such as jackfruit and kiwi. (more…)
The Kerala State Beverages Corporation (Bevco) saw a steep increase of around 16 per cent in its liquor sales during the Onam season as compared to last year.
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AB InBev’s president for India and South Asia, Pedro Aidar, on making Budweiser a viable business in India, and leveraging the SABMiller merger for growth. (more…)
Last month, 18 people in the Gopalganj district of India’s Bihar state died after consuming illicit alcohol, highlighting – once again – the peculiar relationship between morality and tragedy in India. (more…)
Aidar has been with maker of Budweiser and Corona beer for over 15 years and previously held the position of vice president – finance for APAC region based out of Shanghai, after which he moved to India last year. (more…)
Responding to a shareholder’s query on Mallya’s status as chairman of the company, Pal said he will continue as chairman of the company. (more…)
Canada’s premium beer brand, 1793 KROY is scheduled to be launched in Mumbai, Chennai, Goa and Bengaluru in September. The Toronto Ale Brewing is all set to introduce its beer brand in India. (more…)
Staff manning twenty TASMAC shops at prime locations in Chennai including T. Nagar, Egmore and Anna Salai echoed the same views.
The recent decision of Tamil Nadu State Marketing Corporation Ltd (TASMAC) to curtail the working hours of its outlets has had no impact on sales, inquiries reveal. TASMAC, a government-owned company, has a monopoly over wholesale and retail vending of liquor in the State. (more…)
Despite the direction of the Excise Commissioner that buying bottled beer as takeaway parcels from licensed beer parlours will entail a legal liability on buyers and sellers, the sale of parcelled beer is rampant here. (more…)
