New Delhi, Nov 17 (PTI) Many liquor vends in Delhi were not operational on the first day of the new excise regime, while at shops that were open people had to return empty-handed complaining that lack of adequate supply has led to a “dry day” in the city. Under the new policy, 849 swanky mall-like…
Liquor manufacturers in the country continue to benefit from rebounding demand with the easing of covid-led restrictions. The same is reflected in gains seen in stock prices of manufacturers such as Radico Khaitan Ltd. The stock is up 95% in the current fiscal. The financial performance reported by the company during the second quarter also…
United Breweries Ltd is quoting at Rs 1773, up 2.36% on the day as on 12:54 IST on the NSE. The stock is up 68.22% in last one year as compared to a 42.84% jump in NIFTY and a 27.7% jump in the Nifty FMCG index. United Breweries Ltd gained for a third straight session…
(image for representative purpose only) Swanky liquor vends, which will start operations under the new excise policy from the second half of next month, can place orders for procurement of alcohol from November 11. Swanky liquor vends, which will start operations under the new excise policy from the second half of next month, can place…
NEW DELHI: Swanky liquor vends, which will start operations under the new excise policy from the second half of next month, can place orders for procurement of alcohol from November 11, according to the new guidelines issued by the Delhi government. The guidelines were issued for placing orders and also receiving the liquor stock for…
The Hague: Heineken on Wednesday posted a 2.6 billion euro ($2 billion) jump in year-on-year net profit three-quarters into 2021, but reported a major slump in beer sales in Asia markets because of Covid-19 restrictions.Net profit for the first nine months was up to 3.082 billion euros ($3.5 billion) as opposed to 396 million euros…
These days it’s easy to simply buy an index fund, and your returns should (roughly) match the market. But you can do a lot better than that by buying good quality businesses for attractive prices. For example, the United Breweries Limited (NSE:UBL) share price is up 86% in the last five years, slightly above the…
Kolkata, Oct 20 (SocialNews.XYZ) The West Bengal government earned a record revenue of Rs 550 crore from the sale of liquor during the recently concluded Durga Puja in the state. The revenue came from alcohol worth Rs 720 crore that was lifted from the warehouses of the state’s sole liquor distributor, the West Bengal State…
Source: Clariant Clariant (Muttenz, Switzerland) announced the official completion of its sunliquid cellulosic ethanol plant in Podari, Romania. The completed construction is an important next step for the commercial deployment of sunliquid technology and thus supports Clariant’s sunliquid licensing business strategy. The facility will be operational in the fourth quarter, producing cellulosic ethanol from agricultural…
JAIPUR: After the excise department suspended 16 shops for three days on Wednesday, the liquor traders alleged that they are being targeted after protest was initiated by them to amend the policy. Disappointed with the move, the traders have decided to surrender their shops to the excise department on Thursday. The excise department claims the…