Stiff norms curbing profit growth in alcoholic beverages market: Moody's

Last Updated: Wednesday, July 29, 2015, 14:34

Restrictive regulations, including progressive taxation and pricing controls are curbing profit growth in alcoholic beverages market, while keeping high barriers for new entrants in the country, says a report.

FSSAI to soon issue draft notification for liquor standards

Last Updated: Monday, July 20, 2015, 17:04

With plans to set standards for alcoholic drinks including beer, whisky and rum among others central food safety watchdog FSSAI is likely to come out with a draft notification within a few weeks.

Constellation Brands to launch new wine in India this year

Last Updated: Sunday, June 7, 2015, 16:56

"India is a key wine market and there is a huge opportunity (to grow). We want to make sure we have big footprint with the right brands. We will launch Prosecco in India this year," Joe Milner, Regional Director, Asia - Constellation Brands told PTI.

Glass liquor bottles to be banned on Goa beaches

Last Updated: Wednesday, April 24, 2013, 13:51

Drinking an ice-cold beer from that frosted green pint glass bottle may soon be a crime on Goa`s beaches, a senior police officer said.

Diageo enters IMFL space with Rowson's Reserve whisky

Last Updated: Monday, October 3, 2011, 21:57

Global alcoholic beverages major Diageo on Monday entered the IMFL market with the launch of Rowson's Reserve whisky in the premium segment and said it hopes to corner 20 percent of the upper segment by the turn of 2015 with this product.