Liquor

SC to hear Sisodia's bail pleas for relaxation in excise scam on Dec 11

The Supreme Court on Monday said it would hear on December 11 AAP leader Manish Sisodia's pleas seeking relaxation of bail conditions which require him to report to the investigating officer twice a week in the corruption and money laundering cases related to the Delhi excise policy. Senior advocate Abhishek Singhvi, appearing for Sisodia, mentioned the matter before a bench of Justices B R Gavai and K V Viswanathan. "Day after tomorrow," the bench said, while agreeing to list the matter on December 11. The apex court on November 22 agreed to hear Sisodia's pleas and issued notices to the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) seeking their responses on the applications. On August 9, the apex court had granted him bail in the corruption and money laundering cases linked to the alleged Delhi excise policy scam, saying long incarceration for 17 months without trial had deprived him of his right to speedy trial. The apex court had imposed condition

Premium portfolios to serve neat margin gains for liquor companies

Profits, uncorked: A spirited blend of festivals and weddings to pour strong growth in FY25's second half

John Distilleries plans 30-acre Karnataka plant with Rs 600 cr investment

The company also targets nearly 150 cases of single malt and about 2.3 crore cases of all other brands put together by the end of the financial year 2025 (FY25)

Why did liquor demand drop for the first time since Covid in Sep quarter?

Whisky, which makes up two-thirds of the spirits segment, experienced a 1 per cent drop in volume, with brandy and rum also falling by 3 per cent and 2 per cent respectively

Apex court upholds states' right to regulate taxes on industrial alcohol

The verdict is likely to impact entities involved in the industrial alcohol sector, who will now have to anticipate future regulatory changes

SC curtails Centre's authority on industrial alcohol; overturns 1990 ruling

Chief Justice DY Chandrachud, writing for himself and seven other judges, declared that the central government does not possess regulatory authority over industrial alcohol

Ten more die after 'consuming illicit liquor' in Bihar, toll rises to 35

Ten more people died after allegedly consuming illicit liquor in Bihar's Siwan and Saran districts, taking the toll in the hooch tragedy to 35, an official said on Friday. Deputy Inspector General (DIG) of Police, Saran range, Nilesh Kumar said on Friday that while Siwan accounted for 28 fatalities, seven deaths have been reported from Saran. "As many as 28 people in Maghar and Auriya panchayats in Siwan district have so far died after consuming suspected illicit liquor. Seven people in Ibrahimpur area under the jurisdiction of Mashrakh police station in Saran district also died after consuming suspected spurious liquor", the DIG told PTI on Friday. The suspected hooch tragedy has triggered a political blame game with opposition parties questioning the efficacy of the ban on sale and consumption of liquor, imposed by the Nitish Kumar government more than eight years ago. Locals in both districts claimed that people lost their lives after "consuming illicit liquor". On the condition

China imposes deposits on EU brandy in tit-for-tat after EV tariff vote

As of Oct 11, importers of brandy originating in the EU will have to put down security deposits mostly ranging from 34.8 per cent to 39.0 per cent of the import value, the ministry said

Andhra Pradesh notifies new liquor policy, to allow private retailers

The Andhra Pradesh government on Monday notified a new liquor policy, allowing private retailers to sell spirits on the lines of Haryana and others with the state expecting to rake in Rs 5,500 crore in revenue. In a complete overhaul of excise policy based on best practices from other states, Andhra Pradesh has decided retail of liquor to be privatised with 3,736 retail shops notified across the state. The new policy will take effect from October 12, 2024, as per the notification by the state government.

Optimistic Capital launches India's first microbrewery-focused fund

India's microbrewery sector is expected to triple by 2030, with over 1,000 microbreweries projected, compared to around 300 in 2024

India now largest market by volume, 2nd largest by value for Pernod Ricard

India is now the largest market by volume and second-largest by value for the French spirit maker Pernod Ricard, which owns popular brands such as Absolute, Chivas Regal, and Glenlivet, said its India MD Jean Touboul on Wednesday. The India market, which reported a 6.1 per cent growth in net sales in FY24, has become a "growth engine" for Pernod Ricard, he said. The French company also owns the IMFL portfolio of Royal Stag, Blenders Pride and Imperial Blue. Besides, India has become the second largest market for Scotch whiskey Glenlivet and Irish whiskey Jameson as the Indian whiskey market is witnessing premiumisation, Touboul told PTI in an interaction. The company is also increasing exports from India by taking its Seagram's portfolio of Royal Stag, Blenders Pride and Imperial Blue to around 70 markets from the present 40 countries, targeting the Indian diaspora. Pernod Ricard is also investing 200 million euros to build its biggest Asian distillery in Nagpur, Maharashtra, which

MP to ban consumption of meat & liquor in religious towns along Narmada

There are 21 districts, 68 tehsils and 1126 ghats on the banks of the Narmada in Madhya Pradesh

New Delhi rejects Pernod Ricard's liquor licence application: Report

Pernod's brands, including Chivas Regal and Absolut vodka, have not been available in the city since late 2022 after a previous licence application was rejected in April last year

Mass looting of liquor in Agra as 30 boxes fall off truck, video goes viral

A delivery truck hit a speed bump and 30 liquor boxes spilled on the road, a passerby seized the opportunity leading to a rapid depletion of the fallen boxes

Metro commuters need to be wary of excise rules if carrying liquor: DMRC

The DMRC has said that excise rules of states concerned prevail in case of the permission given to the commuters to carry two sealed liquor bottles in the Delhi Metro trains, saying people should be wary of any violations in case of cross border transit. The Delhi Metro Rail Corporation (DMRC) had in June last year allowed carrying two sealed liquor bottles per person in the Metro trains, eliciting the Delhi government objection that it was against the excise rules. The DMRC trains operate in the National Capital Region (NCR) covering Delhi as well as cities like Faridabad, Gurugram in Haryana and Ghaziabad and Noida in Uttar Pradesh. "Whatever the Delhi government has authorised us is (permitted). The excise rules of the particular state prevail," DMRC Managing Director Vikas Kumar told PTI. As per the Excise Act, only one sealed bottle of liquor like rum, vodka and whisky could be carried from one state to another, said a senior Excise department officer. The Metro trains ferry

Raise a toast: State govts may allow home delivery of your favourite drink

State authorities are reportedly seeking feedback on the advantages and disadvantages of online liquor delivery from e-commerce platforms and spirits manufacturers

Spirits set to overtake wine as global drinking habits take a turn

Trends, including a shift towards drinking fewer, more expensive drinks, notably a growing range of cocktails, have seen spirits displace wine

CBI arrests CM Arvind Kejriwal in excise policy case; SC to hear bail plea

Delhi excise policy case: CBI arrested Delhi Chief Minister Arvind Kejriwal; Supreme Court granted Kejriwal permission to withdraw his petition and submit a new one challenging the Delhi HC decision

Delhi govt to soon open liquor vends at IGI Airport for domestic flyers

The Delhi government is likely to soon open liquor vends at the Indira Gandhi International (IGI) Airport serving domestic flyers after nearly two years of obstruction due to scrapping of its excise policy 2021-22, official sources said on Tuesday. The excise policy 2021-22 was scrapped by the Kejriwal government after Delhi Lieutenant Governor VK Saxena recommended a CBI probe into the alleged irregularities in its formulation and implementation in 2022. After scrapping of the excise policy 2021-22, the retail liquor sale in the city was handed over to the four agencies of the Delhi government that was earlier handled by private licensees. Sources said the Delhi government's agency DCCWS (Delhi Consumers' Cooperative Wholesale Store Limited) is going to open its liquor shop at T3 terminal's arrival section by July. Another store is likely to come up at T1 terminal's departure area later, they said. The earlier attempts of the government agencies to open liquor vends at the domest

Timeline of Kejriwal's arrest and bail pleas in the Delhi excise case

Delhi Chief Minister Arvind Kejriwal's release from Tihar jail was blocked by the Delhi high court on June 21 after the ED urged for an urgent hearing