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Monika Alcobev IPO: Premium Liquor Importer with Big Growth Plans – Worth a Look?
Monika Alcobev, a major importer and distributor of high-end liquor brands in India, is launching its IPO on the SME platform from July 16 to 18, 2025. The company is known for bringing over 70 global alcohol brands to Indian shelves, including Jose Cuervo, Rémy Martin, Bushmills, and Cointreau. With rising demand for premium and…
Piccadily Agro to Invest Rs 1,000 Crore to Expand Capacity and Open Distillery in Scotland
Piccadily Agro, a major player in the alcoholic beverages sector, has announced plans to invest Rs 1,000 crore to expand its production capabilities. The company aims to enhance its manufacturing capacity and also set up a new distillery in Scotland, a key move to strengthen its global footprint. The investment will help Piccadily Agro meet…
Private companies are now allowed to sell liquor in Andhra Pradesh again
Andhra Pradesh’s government has raised ₹1,797 crore through non-refundable fees by issuing new licenses for private liquor stores. This change comes after the state has decided to return to allowing private retailers to sell liquor, moving away from the government-run outlets established by the previous administration. The new policy, announced by Chief Minister N. Chandrababu…
MP govt announces stricter laws to check illicit liquor
Image Source : PTI The Madhya Pradesh government has announced stricter laws after recent deaths due to alleged consumption of spurious liquor in several districts across the state. The use of methanol and other toxic chemicals used for industrial and other purposes in the manufacturing of illicit liquor in the state led to the loss…
Ethanol blending programme in all states now
India’s ambitious ethanol blending programme (EBP) launched in 2013-14 has now reached in all the states of the country with Sikkim becoming the last state join EBP this week.C Sridhar Goud, executive director, revealed this at a webinar organised by Indian Sugar Mills Association (ISMA) on Friday. India has set the ambitious target of blending…
Nod for bars to open, restaurants to serve liquor in Delhi: F&B industry hails move, say business will pick up
[ad_1] The latest unlock guidelines come as a relief to the restaurant industry in Delhi, which has been struggling to kick-start business since reopening last week. According to the order issued by the Delhi Disaster Management Authority, starting Monday, bars have been allowed to open and restaurants can serve alcohol. Both bars and restaurants have…