SEARCHED FOR:UNITED BREWERIES
Beer jostles for space in the Indian fridge amid Covid-19 crisis; hard spirits gain advantage
While consumption of alcohol is not taboo in most Indian households, the habit of stocking beer in a family fridge is not routine. Its shorter shelf life compared to hard spirits has seen demand shrink.
Nifty getting fear of heights, but 42 stocks have 'buy' signals all over
MACD is known for signalling trend reversals in traded securities or indices.
Aditya Birla Sun Life Tax Relief 96 fund review: Consistent record of beating its benchmark
The fund fared poorly last year but has negotiated the recent market downside well, falling much lesser than its peers. Its longer term track record suggests a fair degree of consistency in delivering alpha, making it a worthy offering in this space.
SGX Nifty down 28 points; here's what changed for market while you were sleeping
The index formed a bullish candle on the daily chart, negating Monday's indecisive Doji candle.
Indian banks pursue Mallya bankruptcy order in UK court
In a hearing in the insolvency division of the High Court in London on Tuesday, Justice Michael Briggs heard arguments from the banks, represented by barrister Marcia Shekerdemian, that pursuing the bankruptcy order was required as the banks were not secured creditors, as claimed by Mallya.
Liquor stocks rally up to 14% as govt allows shops to open from today
Liquor shops opened after 40 days throughout the country.
Kotak Standard Multicap mutual fund review: A scheme with an excellent track record
This fund, earlier known as Kotak Select Focus, continues to maintain a large-cap tilt in its revised positioning as a multi-cap offering. The fund’s performance has slipped over the past 12-18 months but remains an outperformer over 3 and 5 years.
Beer sales plummet across states, brewers blame it on 'corona cess'
Tipplers forming long queues at Indian liquor stores failed to bring respite for the beer industry as volume sales fell sharply in several states in the first two weeks after reopening of outlets.
Stocks in the news: RCom, YES Bank, SBI, NBCC, United Breweries, L&T and Sun Pharma
Kotak Institutional Equities has a buy rating on GAIL (India) with a fair value of Rs 175.
Coronavirus fee: Cash-strapped states rush to raise taxes on alcohol
In India, several states either control liquor retailing or wholesale distribution or both.
Even in hard times, raise a toast to liquor companies
The brokerage has a ‘buy’ rating on United Spirits, United Breweries and Radico Khaitan.
Brewers seek nod for home delivery
Aiba, which represents 83 manufacturing breweries including United Breweries, Carlsberg, Bira, and Molson & Coors, has proposed creating special licenses for private ecommerce and food delivery companies.
Market Movers: YES Bank soars; Tata Steel, HDFC, IndusInd tank; 264 shares hit 52-week lows
The fear gauge of the market, India VIX, reached a decade high after a 16 per cent jump on Monday.
Diageo seeks legal view on objections to using UBL shares
Legal experts close to Diageo said that the PMLA/ FEOA case includes claims to UBL shares.
Covid-19 Impact: Brewers call for online sale of beer
“Beer industry alone contributes over Rs 50,000 crore per year as revenue to the state exchequer which can be well-invested in healthcare now,” Shobhan Roy, director general of All India Brewers Association (AIBA), submitted in a letter to the Department for Promotion of Industry and Internal Trade (DPIIT) and some states including Punjab, Delhi, Karnataka, Andhra Pradesh, West Bengal and Maharashtra.