Vodka enjoys a large market share in India. The clear distilled alcoholic beverage is very popular due to its unique neutral taste that lends itself well to blending with chasers and other flavourings. It is equally delicious on the rocks as it is in a buzzy, refreshing cocktail. The traditional way of making vodka is…
Meghna will drive the global finance function at Bira 91 and will be a key partner in the strategic direction of the business and build the company for its next phase of growth. Bira 91, the world’s fastest-growing beer brand, today announced the appointment of Meghna Agrawal as the chief financial officer and senior vice…
India, 2022, Mumbai; In the past five years, the family-run company has become one of the biggest representatives and importers of foreign spirits in India with a turnover of 500 Cr. Having achieved success in other categories, Monika Alcobev is now looking to target a 70% Tequila market share in India within the next 3…
The world’s second-biggest spirits group said its legal wrangles have progressively worsened since they first started nearly 30 years ago, making it tough to do business in the country and raising the prospect of a major financial hit. The maker of Chivas Regal, Glenlivet Scotch whisky and Absolut vodka is lobbying Indian authorities, including Prime…
Beam Suntory India’s Marketing Head Ruchika Gupta joins OAA 2022 Jury Among the youngest marketing top talents in Indian alco-bev segment currently, and a consumer behaviour and lifestyle expert, Ruchika is driving strategic brand thinking and premiumisation for the internationally renowned & diverse portfolio of Beam Suntory in India. Ruchika Gupta, Head of Marketing at…
Diageo-controlled liquor maker United Spirits Ltd (USL) on Friday said it has approved the sale and franchising of selected brands to Singapore headquartered Inbrew Beverages for a total cash consideration of Rs 820 crore. However, the transaction does not include the McDowell’s or Director’s Special brands, which will be retained by USL. “USL and Inbrew…
Triveni Engineering & Industries reported 28.4% rise in consolidated net profit to Rs 109.17 crore on a 7.8% fall in net revenue from operations to Rs 1,070.03 crore in Q4 FY22 over Q4 FY21. EBITDA improved by 1.7% to Rs 177.66 crore in Q4 FY22 from Rs 174.72 crore in Q4 FY21. EBITDA margin in…
Beam Suntory has announced the elevation of Ruchika Gupta as marketing director in India Gupta joined Beam Suntory India in 2019 as part of the brand team and was elevated as head of marketing in the interim last year, succeeding Rishi Walli. Walli was appointed as senior commercial director for the company in India. Neeraj…
NEW DELHI, April 29 (Reuters) – Abinash Verma, a leading figure in the sugar industry, has resigned unexpectedly from the Indian Sugar Mills Association (ISMA) as its director-general, the producers’ body said in a statement on Friday. As the world’s No. 1 consumer of the sweetener and the biggest producer behind Brazil, India plays a…
The work on the PGI satellite hospital being built at a cost of Rs 450 crore, mother and child healthcare hospital being constructed for Rs 20 crore and a trauma centre for Rs 8 crore is underway in Una district. The Indian Oil Corporation (IOC) has sanctioned an agriculture-based ethanol plant for the district and…