Bought a bar of imported liquor chocolates or made some of these chocolates at home? You may be an offender, according to the law. In a major crackdown, the state excise department last week seized imported liquor chocolates weighing 46.5kg and worth ₹4.31 lakh from locations in and around Mumbai. Officials said the present state…
State-owned natural gas processor and distributor GAIL (India) Ltd (BOM:532155) will look to expand its renewable energy portfolio and enter the ethanol and green hydrogen production markets, it said last week. In a message to shareholders in the company’s annual report, its chairman and managing director Manoj Jain said that GAIL is searching for opportunities…
[ad_1] B9 Beverages, the parent company of Bira91 raised the fresh capital as part of its Pre-Series D round Earlier this year, Bira 91 bagged $30 Mn from Japan’s Kirin Holdings for 10% stake Bira 91 competes against the likes of Kingfisher, Carlsberg, Heineken, and others Craft beer company Bira 91 has raised close to…
KBJ Group, based in Mumbai, India is a rapidly growing brand under the leadership of Aksha Kamboj. KBJ Group is a multi-industry business and deals in the bullion, hospitality, real estate, agriculture, and jewellery sectors. The company’s Executive Director Aksha Kamboj is all set to expand its business in 2022. KBJ group is stepping foot…
We have seen Mahendra Singh Dhoni do his famous “helicopter” shot on the cricket pitch numerous times. Well, this shot was not just restricted to the game of cricket. For Mumbai-based 7Ink Brews, MS Dhoni’s “helicopter” shot turned into its USP called Copter7. The artisanal chocolate and commercial beer brand was founded in April 2021…
The funds will be deployed towards expanding the company’s geographic footprint and broadening its product offering. Blisswater Industries Private Limited, the company behind Rahasya vodka, has announced that it has raised a Seed funding round of USD 3,35,000 from CC One Venture Labs, Majithia Family House and independent investors Yash Shah (co-founder Disruptium) and Sham…
[ad_1] Wine has airs about it — served with fine cheese at arty soirees and swirled and twirled before being savoured. Now, two former techies are trying to make wine more a fun and affordable drink, pitting it directly against strong beer. Sourced from farmers Through their brand, Rockclimber, the duo has launched crafted wine…
[the_ad_group id=”1083″] Though Goa-based Varna Bhat had already founded two companies – RapidStall, an eco-friendly fabric branding company, and Tessarakt Experiential – a marketing, events and creative house, she had always wanted to start up in the alco-bev space. A conversation with friends made her realise that India hardly had a signature drink. It led…
[ad_1] The Union government intends to increase the amount of ethanol in the energy mix to lower the country’s dependence on imported oil and carbon footprint, as well as stabilise petrol prices. India currently blends about 8.5 per cent ethanol in petrol. The government is targeting a 10 per cent ethanol blend by 2022 and…
The European Union has repeatedly raised concerns over the wide variations in pricing policies, taxation and regulations across Indian states, with particular focus on the heterogeneous structure for alcoholic beverages. In India, states can levy their own duties on imported alcohol. States such as Punjab, Maharashtra, Karnataka and Tamil Nadu levy high taxes and additional…