Beer party continues on the street, but it’s going a bit flat
India's beer sales expanded at the fastest pace in three years in 2019, but companies said growth had slowed sequentially in every quarter because of increasing taxation and curbs on liquor in a few states.
Budweiser APAC announces leadership change in South Asia and East Asia
The beer company announced the appointment of Kartikeya Sharma as Pres...
Budweiser wants to go beyond ISS, says they now wish to brew beer far away, in microgravity
The experiment will be one of the 250 facilitated...
United Breweries enters craft beer segment with Kingfisher Ultra Witbier
The new craft style beer by the Bengaluru-headquartered brewer is a locally made Belgian wheat beer with orange and coriander flavours and hops from USA. At an ABV of lower than 5%, the variant will be retailed in both can and bottle formats. A 330 ml bottle will be priced at Rs 110.
Bira wobbles a bit, losses rise in FY19
The maker of Bira craft beer, saw the slowest growth ever due to production delays while losses doubled after an expensive nationwide marketing deal, in a crowded market dominated by mainstream brands.
VC investors make a beeline to Singapore
India continues to be the core focus area for most of these fund managers, but they do not want to lose out on opportunities in SE Asia, particularly in markets such as Indonesia and the broader Asean region.
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.
Dear customer relations: The fury of the festive shopper
At a time when shopping and sentiments hit stratospheric heights, complaints, too, are bound to rise.
Sensex ends Samvat 2075 on a muted note, inches up 38 pts
Shares of jewellery companies fell as gold demand remained muted on Dhanteras.
Beer wars: The empire strikes back
UB and AB InBev are launching India-made wheat beers to take on startups like Bira, Simba.
AB InBev Asia unit guides H.K IPO pricing toward low end
Budweiser Ltd. is guiding potential investors that it could price its $9.8 bn Hong Kong IPO.
Beverage-makers rush to capture India's non-alcoholic malt drinks market
A non-alcoholic malt drink is a high energy beverage, brewed in the same fashion as beer or ale.
DSG Consumer Partners makes final close of third fund at $65m
The consumer-focused investment firm, led by Deepak Shahdadpuri, will now have about $200 million worth of assets under management, doubling from when it closed its second investment vehicle two years ago.
More non-alcoholic beer coming your way
United Breweries (UB), controlled by Heineken, is launching Heineken 0.0, a zero-alcohol version of the beer brand, while AB InBev will roll out Budweiser 0.0 next week across the country.
Anheuser-Busch InBev sets aside $55 million for tax liabilities in India
The brewer has challenged the capital gains tax demand over acquisition of SAB Miller.
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