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Two steps forward, one step back: Cees’t Hart, Carlsberg's CEO

“It’s a volatile environment. We used to say, two steps forward and one step back. The third quarter indeed was one of these quarters that is one step back for Carlsberg when it posted flat volume growth. It was impacted by price and excise tax increase in a couple of states," Hart said at an investor call last week.

Millennials eager to raise a toast at 21

Enlisting the reasons why 46% of respondents wanted a uniform drinking age of 21 years, a study by Kantar and NFX said it would enable them to be aware of their limits of responsible alcohol consumption. It indicated that a growing number of Indian consumers are willing to indulge in responsible drinking provided certain barriers are addressed.

With no liquidity, liquor sales on the rocks

Liquor trade’s hangover from the slowdown is similar to FMCG failing to take a bigger bite out of consumer spend, again thanks to liquidity issues. Hindustan Unilever had last month said trade was facing an acute liquidity crunch. Analysts expect liquor sales to remain subdued for the rest of the fiscal.

Imported gin appeals to new-age drinkers

Bacardi's Bombay Sapphire is the dominant player in the premium imported gin segment with sales estimated at 21,000 cases this year, up from 14,000 in 2014.

India probe finds AB InBev, Carlsberg, United Breweries colluded on prices: Sources

A probe has found that 15-20 execs from the 3 brewers were involved in discussions of beer prices.

Pernod Ricard India revenue up

The maker of Absolut vodka and Chivas Regal scotch had gross sales of Rs 20,335 crore in the year-to-March 2019, latest filing sourced from Veratech showed. Pernod's growth numbers outpaced Diageo's Indian business that grew 10% in revenues.

High taxes, economic slump cause 2019 liquor sales to fall

A host of factors have taken a toll on liquor sales recorded till September. Last year's high base along with floods and an economic slump has seen consumption taking a hit. General elections also impacted the sales in April & June.

Beer wars: The empire strikes back

UB and AB InBev are launching India-made wheat beers to take on startups like Bira, Simba.

Pernod Ricard India sales grew 3% during July-September

The sale of spirits has been hit by a host of factors like high taxation, restrictive pricing, sporadic prohibitions, among others. India is one of the most profitable regions for Pernod globally and ranks next to the US and China.

8-day rule for whisky, vodka leaves city resto-bars high and dry

Eight-day rule framed by the excise department to control bootlegging and adulteration of premium Vodka and whisky brands has caused a furore among the resto-bars owners in the capital. Bar owners are worried that they would end-up with huge losses.

Waah Taj! IHCL hotels may serve craft beer

Waah Taj! IHCL hotels may serve craft beer

The plan, conceptualised by AB InBev’s innovation and investment group ZX Ventures, is to open about 15 outlets at Taj's marquee locations where craft beer will be served.

Gemma Paterson in India to promote The Balvenie brand

Gemma Paterson in India to promote The Balvenie brand

The global brand ambassador, Gemma Paterson will hold guided tastings of the hand-crafted single malt whisky in different cities in India

Liquor diktat: Delhi hotels, restaurants get relief

Liquor diktat: Delhi hotels, restaurants get relief

Champagne and sparkling wines must be disposed of within three days, it said now, while removing restrictions on alcopops and beers.

Pernod Ricard's Indian unit grew 20 per cent in FY19

Pernod Ricard's Indian unit grew 20 per cent in FY19

In comparison, Diageo's prestige and above segment, where it competes with the French rival went up 12% in the country.

Destroy alcohol lying in bar for longer than eight days: Delhi excise dept to restaurants

Destroy alcohol lying in bar for longer than eight days: Delhi excise dept to restaurants

Restaurateurs said this move will result in at least Rs 20 lakh worth of spirits going down the drain every month.

Coming soon to a pub near you: A draught of fresh beer

Coming soon to a pub near you: A draught of fresh beer

Brewers such as UB, AB InBev, Bira91 and Simba pouring draught beer versions of their brands.

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