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Liquor

May 19, 2019, 10.35 PM IST
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China, India boost global booze binge: Study

The world consumed ten percent more alcohol per adult in 2017 than in 1990, due in large part to heavier and more widespread drinking in China and India, researchers said Wednesday.On current trends, global consumption per capita will rise another 17 percent over the next decade, they reported in The Lancet.

India's alcohol intake up by 38% in seven years: Lancet Study

The study measured per capita alcohol consumption using data from the WHO and the Global Burden of Disease study.

China, India boost global booze binge: Study

By 2030 half of all adults worldwide will drink alcohol, and almost a quarter will binge drink at least once a month, according to projections covering 189 countries.

Carlsberg’s volume growth slows down amid election heat

Carlsberg has about 18% share in India, backed by Elephant and Tuborg, in a market skewed toward strong beer.

Liquor sale to be 100% through scanning by October in Delhi

The move is intended to digitise records of real-time liquor sale in the national capital.

Beck’s Ice ad takes a dig at Kingfisher

Experts feel the ad might be able to create a buzz in the market, but is unlikely to impact rivals’ sales.

Liquor sales lose some spirit in Q4 on rising poll fever

Sales grew 3% in January-March period; the lowest in six quarters.

Beer sales back on highway to growth after a sober year

Sales grew 4.6% in 2018, but companies expect numbers to taper off this year due to an increase in taxation and liquor curbs during election.

JIL announces tech partnership with US firm; to retire debt by mid-year

JIL had raised structured debt funding of Rs 265 crore from Indiabulls Group in 2018, and the total debt of JIL as on March 2018 was about Rs 350 crore.

Alcoholic beverage makers to seek approvals for new labelling norms: FSSAI

The Food Safety and Standards Authority of India (FSSAI) had last year issued a regulation on alcoholic beverages and the same became effective from April 1.

ABD ropes in former Diageo president

ABD ropes in former Diageo president

"We welcome Nick to the ABD family and look forward to working with him to take ABD to further heights of glory," said Deepak Roy, executive vice chairman.

Gau rakshaks find unlikely allies in beer companies

Gau rakshaks find unlikely allies in beer companies

Top breweries like AB InBev, UB and craft beer makers supplying spent grain as cattle feed for nominal fee.

United Breweries expects disruptions in business during elections

United Breweries expects disruptions in business during elections

Election will overlap with the IPL and the summer months, which have traditionally boosted demand for beer in the country.

SBI moves High Court for 2.8% in UBL

SBI moves High Court for 2.8% in UBL

Dutch beer maker Heineken, largest stakeholder of UBL with a 44% stake, has already approached SBI for the stake and is also seeking legal recourse for first access.

The pricier the booze, the faster it sells as India's wealth grows

The pricier the booze, the faster it sells as India's wealth grows

The luxury spirits festival, the first organised by a local importer, is the latest manifestation of India’s growing mania for the top shelf (despite longstanding official measures to curb drinking). Pernod reported 24 per cent growth in India last quarter, with its imported Scotch brands leading the way. Rival Diageo reported 12 per cent revenue growth, largely driven by such prestige brands as Johnnie Walker whisky. India’s growing thirst for high end liquor goes well beyond the Mumbai glitterati. Diageo says even tipplers of the local moonshine are skipping mid-tier foreign alcohol and jumping right into premium spirits.

Sula Vineyards has launched wines in China; next launch will be in Oman

Sula Vineyards has launched wines in China; next launch will be in Oman

"Sula Vineyards has over 65% market share in India and exports to 30 countries across Asia, Europe, USA and Canada," the company release said.

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