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New Delhi, Dec 1 (PTI) Tilaknagar Industries Ltd on Monday said it has completed the acquisition of Imperial Blue business division from Pernod Ricard India (PRI), a step-down unit of the French spirits major, via a slump sale for a lump sum consideration of Rs 3,442 crore. The lump sum consideration paid to PRI is subject to post-closing adjustments in accordance with the terms and conditions set out in the Business Transfer Agreement, according to a statement issued by Tilaknagar Industries L ...Read More >
Ahmedabad: The music thumped, the lights flashed, and revellers danced into the night, until sirens broke the beat. A DJ party at a Shilaj farmhouse turned into a police raid, as undercover officers from Bopal police found liquor and hookahs -- both prohibited under Gujarat's laws -- being served at the party on Friday night. By morning, 20 people, including 13 foreign students, two bootleggers and the owners of the farmhouse, were taken into custody.According to Bopal inspector B T Gohil, aroun ...Read More >
Ahmedabad: The music thumped, the lights flashed, and revellers danced into the night, until sirens broke the beat. A DJ party at a Shilaj farmhouse turned into a police raid, as undercover officers from Bopal police found liquor and hookahs -- both prohibited under Gujarat's laws -- being served at the party on Friday night. By morning, 20 people, including 13 foreign students, two bootleggers and the owners of the farmhouse, were taken into custody.According to Bopal inspector B T Gohil, aroun ...Read More >
HYDERABAD: After four days of relentless downpours, Telangana is expected to have a brief respite on Monday, with no rainfall alerts issued. However, the India Meteorological Department (IMD) placed the state under a yellow alert for thunderstorms. IMD data showed that Papannapet in Medak district received the heaviest 24-hour rainfall at 10.6 cm, followed by Manoor in Sangareddy with 9.28 cm and Nallabelly in Warangal at 9.15 cm. The statewide average rainfall for the day stood at 7.3 mm, nota ...Read More >
On a pan-India level, sales volume of IMFL Whisky has declined 1.4 per cent year-on-year in FY25 to 40.17 crore cases. Image: Freepik South Indian states dominate the sales of IMFL, accounting for 58 per cent revenue in FY25, with Karnataka retaining the top national slot by contributing 17 per cent of the pan-India volumes in FY25, according to data from industry body CIABC. Five Southern states - Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, and Telangana, along with Union Territory Puduche ...Read More >
New Delhi: South Indian states dominate the sales of IMFL, accounting for 58 per cent revenue in FY25, with Karnataka retaining the top national slot by contributing 17 per cent of the pan-India volumes in FY25, according to data from industry body CIABC. Five Southern states - Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, and Telangana, along with Union Territory Puducherry, have retained their dominance in the sales of the Indian-Made Foreign Liquor (IMFL), consuming 23.18 crore cases (joint ...Read More >
The Indian Hotel and Restaurant Association (AHAR) announced a nationwide liquor bandh to oppose Maharashtra's tax hikes, which it said are pushing the industry towards a collapse. More than 20,000 bars and permit rooms across Maharashtra will shut operations on July 14 (Monday) in protest against the state government's tax hikes on liquor, which they characterised as "draconian". The Indian Hotel and Restaurant Association (AHAR) said the nationwide bandh has been organised to oppose the stat ...Read More >
New Delhi: Was it the pitch? Was it the conditions? Was it the bowling? The questions doing the rounds after yet another strange show in good batting conditions by India were many. But with the exception of Shubman Gill, who became just the second Indian captain, after Mohammad Azharuddin, to score hundreds in consecutive matches in England, and Yashasvi Jaiswal, few India batters managed to answer them in a satisfactory manner. After being put into bat by England, India looked like they were i ...Read More >
Noida: Liquor revenue in the city jumped by 35% in the first quarter of 2025-26 compared to the same period last year. The city recorded Rs 625 crore in liquor revenue from April to June 2025, compared to Rs 462 crore during the same period in 2024-25.According to excise department data, the revenue in the first quarter of 2023-24 was Rs 430 crore, showing a 7% growth between 2023-24 and 2024-25 and a much larger jump this year.The sharp rise is attributed to the new liquor policy in the state, ...Read More >
Mumbai, May 21 (SocialNews.XYZ) Haryana-based distillery Piccadily Agro Industries, maker of the 'Indri' single-malt whiskey, on Wednesday reported a 7.49 year-on-year (YoY) decline in its net profit to Rs 39.80 crore in Q4 FY25, compared to Rs 43.02 crore in the same period last fiscal (Q4 FY24). The company's revenue from operations also slipped by 4.55 per cent to Rs 271.63 crore in Q4 FY25, down from Rs 284.59 crore in Q4 FY24. Total income during the quarter dropped to Rs 273.88 crore, a ...Read More >
Dibrugarh: In an intensified effort to curb unauthorised liquor sales and drink-driving ahead of the festive season, Dibrugarh district authorities conducted surprise raids on multiple roadside restaurants and dhabas in Naharkatia town on Wednesday. The operation resulted in the week-long closure of a local restaurant found violating excise regulations. Led by executive magistrate Mary V Ralsun, the enforcement team targeted several eateries following public complaints about illegal liquor sale ...Read More >
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