For 54-year-old Michael Jensen, who heads Carlsberg in India, it’s not easy to sell products that mostly appeal to consumers half his age. Yet, in his three-year stint as the chief executive of the Danish brewer in India, he has managed to more than double the business to exceed Rs 1,000 crore in calender year 2015. (more…)
Ahead of Onam, the Kerala State Cooperative Consumers’ Federation (Consumerfed) is all set to commence the online sale of liquor. (more…)
Even with growing competition from Carlsberg, United Breweries has managed to retain its market share at nearly 50 percent and is well prepared to deal with future competition as well, says MD Shekhar Ramamurthy. (more…)
United Breweries’ June quarter net earnings increase 20.4% because of double-digit growth in eastern and southern markets at 18% and 13%, respectively. (more…)
The combined market value of three largest companies — United Spirits, United Breweries and Radico Khaitan — crashed 30 per cent to Rs 55,392 crore from a year ago. (more…)
Two months after exposing illegal sale of liquor in Tamil Nadu post business hours, there has been no change on the ground. Liquor sales continue to soar despite prohibition in the state and customers lining up in front of shops even though shutters are down. (more…)
Excise Minister T.P. Ramakrishnan has said that the restrictions that had been imposed on the sale of liquor in the State have not yielded its main objectives. (more…)
The AIADMK government is serious about bringing in total liquor prohibition in the state and it will be done, assured chief minister J Jayalalithaa in the assembly. (more…)
If the “Made for each other blend set the filter trend” for a popular cigarette brand in the 1960s and after, beer, and specifically craft beer, has been increasingly setting the trend in the last few years, what with even hardened drinkers switching off from hard liquor. (more…)
TASMAC employees have alleged that after the closure of 500 oulets, they were under pressure from officials to increase sales and also meet targets set every month. TASMAC district mangers were summoned for a meeting recently at the agency’s headquarters in Chennai and given instructions that sales volumes should not drop at any cost, reliable sources said. (more…)
