While the CCI has directed United Breweries and Carlsberg India to pay penalties of Rs 750 crore and Rs 120 crore respectively, it has given SABMiller India 100 percent reduction in penalty for cooperating in the investigation. Competition Commission of India (CCI) on September 24 has imposed penalties of around ₹900 crore on three beer-making companies…
Nellore: Chairman of State-level Liquor Prohibition Awareness Committee Vallamreddy Lakshmana Reddy on Monday said that the sale of liquor reduced by 40 per cent and sale of beer by 78 per cent due to measures taken by the state government. Speaking to media in Kavali, he said the government had reduced the number of shops…
Barneys Hard Seltzer is a new age alcoholic drink, a refreshing alternative to beer, wine and cocktails. Alcobev Startup Barbrew coming up with Barneys Hard Seltzers has raised its Angel Round of funding of INR 2.5 CR from ah! Ventures Angel Platform and Others. Barneys Hard Seltzer is a new age alcoholic drink, a refreshing…
New Delhi, Sep 20 (PTI) The Delhi High Court Monday sought response of the Delhi government on two pleas by retail liquor vendors seeking to extend their licences in particular categories till November 16 in parity with other categories under the provisions of the Delhi Excise Act. A bench of Chief Justice D N Patel…
Kolkata-based Celebrity Breweries plans to invest more than ₹100 crore in the West Bengal beer market, a top company official said. The company has its own brands and is also a major contract manufacturer of beer for leading brands like the World’s largest brewer Anheuser-Busch InBev and United Breweries. “The company has plans of investing…
[the_ad_group id=”1083″] This is ah! Ventures’ 25th investment in 2021 and 5 more investments will be announced shortly. This is ah! Ventures’ 88th investment (in 69 Startups) taking its total investment portfolio to INR 231 CR (~31 MN USD) with 11 exits and 18 follow on rounds till date. Alcobev Startup Barbrew coming up with…
Kolkata, Sep 20 (PTI) City-based Celebrity Breweries plans to invest more than Rs 100 crore in the West Bengal beer market, a top company official said. The company has its own brands and is also a major contract manufacturer of beer for leading brands like the World”s largest brewer Anheuser-Busch InBev and United Breweries. “The…
Customers show proof of their COVID vaccinations before entering the Martha restaurant in Philadelphia, Pa., August 7, 2021. (Hannah Beier/Reuters) Now is not the time to hammer food establishments trying to crawl out of the pandemic. The pandemic and related closures hit the restaurant industry hard, with about 90,000 eateries closing permanently. When the pandemic…
Citizens in Maharashtra may soon be able to say “cheers” to an enhanced taste of their favourite brand of liquor as the state government is planning to make it mandatory for liquor manufacturers to blend a certain percentage of grain-based alcohol in their products. While boosting the dormant grain-based alcohol industry in Maharashtra, the state…
A day after a purported video of SRS group managing director Anil Jindal surfaced on social media, purportedly suggesting that alcohol was being served in a private hospital where he was undergoing treatment, three police officials were suspended for negligence after an enquiry into the matter. Jindal was arrested in April 2018 on charges of…