Calling the existing liquor policy ‘archaic’ and ‘cumbersome’, the Delhi govt made public the new Excise Policy 2021-22 on Monday. The new policy document points to excise as an important source of revenue while noting that the present excise revenue generation is at a sub-optimal level. Aimed at boosting the city’s revenue, the Delhi govt…
[ad_1] MILWAUKEE, Wis. – Top Note, American-made craft mixer brand innovating in beverages since 2017, introduced Gentiana, the first aperitivo soda in the United States featuring French gentian root in 145 years. Gentiana is also the first product in Top Note’s new Bartender Release series, which will feature limited edition sparkling mixers reflecting contemporary flavor trends…
[the_ad_group id=”1083″] New Delhi: RockClimber, an alcoholic beverage brand, has raised $1 million from angel investor Anand Prakash Sharma in a pre-Series A funding round.“The majority of funds to be utilised for working capital,” Deepak Poduval, co-founder of RockClimber said. The company, which has a franchise of crafted wine cooler-alcoholic beverages, mixers and other wine-based…
[ad_1] The Delhi government Monday made public its excise policy for 2021-22 which envisages uniform distribution of liquor outlets in the city, including at least two air-conditioned vends in every municipal ward, five super-premium stores, and 10 stores at the Indira Gandhi International Airport. The policy makes it clear that the government will exit the…
[ad_1] Punjab’s excise department on Monday said it has engaged IIT-Ropar to conduct an audit of liquor manufacturing units in the state, a move which is aimed to check any pilferage. The excise department has collaborated with an independent agency — the Indian Institute of Technology, Ropar — to review and audit the working systems…
Walk-in experience for customers at alcohol shops, promoting microbreweries and allowing bars in hotels, clubs and restaurants to operate till 3 am are some of the reforms brought in, in the Delhi government’s new excise policy aimed at boosting the city’s revenue and also crack down on the liquor mafia. The Excise Policy 2021-22 that…
[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…