[the_ad_group id=”1083″] According to a Brandessence Market Research And Consulting report, the global demand for sports sponsorship market size, in terms of revenue, was worth $57.00 billion in 2020 and is expected to reach USD 89.60 billion in 2027, growing at a CAGR of 6.72% from 2021 to 2027. This is just a small indicator…
Chandigarh-based Rock and Storm Distilleries was founded in 2010 by Arundeep Singla. It manufactures and sells whiskey, rum, gin, and vodka. [ad_1] According to several reports, India is the third-largest liquor market globally, valued at $35 billion per annum. However, the COVID-19 pandemic, which brought the entire world to a standstill, enormously impacted the ‘recession-proof’…
[ad_1] Liquor shops in the Capital will soon be able to offer discounts as a new excise policy that removes price controls in the retail alcohol trade kicks in, senior government officials said on Wednesday, enabling festive season offers of the kind that are usually seen around Diwali on vehicles, electronics, and gift items. HT…
[ad_1] June 29: Although the Delhi Excise has still not clarified the new policy, it has shown exemplary urgency for collecting the revenues as it floated the eTenders for retails sales for liquor in the Capital through tenders for L-7Z and L-7V licenses for Indian and foreign liquor on Monday, while ensuring that the old…
[ad_1] Heineken NV, the world’s second largest beer maker, has taken control of India’s largest brewer, United Breweries Limited (UBL), cementing its position in a vast market where beer consumption could grow from a low base. The Dutch brewer said that it has bought 39.6 million shares in UBL to push its holding to 61.5% from…
[the_ad_group id=”1083″] India’s liquor market has seen a shift to premiumization during the covid-19 pandemic, a trend that has benefitted Moet Hennessy India, managing director Ipsita Das said. The company, part of leading French conglomerate LVMH, makes premium wines and spirits such as Dom Pérignon, Moët & Chandon, Glenmorangie and Belvedere. Das, who joined Moet…
[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…
[ad_1] George E. P., president of Ramamangalam panchayat in Ernakulam, will be sharing his experience of beating alcohol addiction as part of campaign to be launched by Ernakulam Social Justice Department on the International Day Against Drug Abuse on June 26 George E. P., president of the Ramamangalam grama panchayat in Ernakulam district of Kerala,…
[ad_1] The Delhi government recently brought about a number of changes in the Rules governing the trade of alcohol in the national capital, which is carried out through a large network of private and state-run liquor shops that do brisk business round the year. Among all the changes, a seemingly minor tweak in a clause…
With this share purchase, Heineken’s shareholding in United Breweries has increased to 61.50% from 46.50%