E-PaperDistillers News
Indians spending more on premium alcohol, driving growth in spirits market
ndia's spirit sector -- which includes whiskey, brandy, rum and vodka -- is estimated to expand 25 percent to 2.92 trillion rupees ($41 billion) by 2022
1 min read17 Dec 2018Officer’s Choice maker Allied Blenders revives IPO plan, eyes year-end launch
Allied Blenders and Distillers plans to use the capital from the IPO, which will involve a 10% stake sale initially with an issue of around Rs1,000 crore, to trim debt
3 min read7 Mar 2018Distillers brace for pain as govt bans liquor sales on highways
Distillers are bracing for a drop in sales of as much as 8% this year, biting into the country's $31 billion spirits market
2 min read7 Apr 2017Allied Blenders may sell up to 5% stake to PE firm
Allied Blenders and Distillers is getting on board a strategic investor to help prepare for IPO, grow footprint
2 min read3 Oct 2016‘Cocktails are a new way of presenting single malt for millennial consumers’
Struan Grant Ralph, global brand ambassador for Glenfiddich, talks about how a century-old brand can stay relevant and innovation in product and retail hold the key
3 min read28 Sep 2016United Spirits gets shareholders’ nod to be guarantor for loan by subsidiary
As many as 99.5% of votes polled were in favour of the resolution, says United Spirits
1 min read12 Jan 2016Allied Blenders & Distillers hires new CEO ahead of planned IPO
Anupam Datta has been named as ABD managing director and chief executive officer
3 min read2 Aug 2015Tilaknagar Industries rises 20% on stake sale reports
Shares gained after media reports that Allied Blenders and Distillers is close to acquiring a controlling stake in the company
1 min read6 Jul 2015Mansion House: Tilaknagar allowed to inspect ABD’s purchase documents
The Bombay high court was hearing a trademark infringement case filed by Herman Jansen Beverages against Tilaknagar
2 min read3 Sep 2014Mansion House gives us ready-made scale: Deepak Roy
Allied Blenders and Distillers CEO Deepak Roy talks about the company's pursuit of Tilaknagar Industries
1 min read27 Aug 2014Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared