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In Q4FY22, EBITDA margin contracted by 720 basis points (bps) year-on-year to 17.6 per cent.
The Telangana government has increased the liquor prices by 20 to 25 per cent to mop up revenues.
In a move aimed at making the nightlife more happening, the Delhi government has taken a policy decision to allow bars to serve liquor till 3 AM, officials said on Friday.
In 2021-22, the department earned Rs 17,177 cr, which is almost Rs 2,000 cr more than the previous financial year when the Covid pandemic hit the state
The Delhi government's excise department has allowed private shops to offer up to 25 per cent discount on the maximum retail price (MRP) of liquor.
The state Cabinet on Wednesday approved four major amendments in the excise policy related to rules of wholesale and retail sale of liquor and other related cases.
On expected lines, the Pinarayi Vijayan government tweaked the liquor policy enabling opening of more retail outlets and the biggest gainer appears to be the IT parks in Kerala
The Tamil Nadu State Marketing Corporation (Tasmac), the official body to sell Indian Made Foreign Liquor (IMFL) in the state, has decided to hike liquor prices from Monday
Advocates representing several petitioners argued that the Delhi government order was passed by the concerned authority without any jurisdiction and was perverse and arbitrary
Some of the material in The Oxford Companion to Spirits and Cocktails is relatively heavy going
The annual intake of the Indian Made Foreign Liquor (IMFL) in Madhya Pradesh has increased by 23 per cent in the past one decade, state Excise Minister Jagdish Devda said
With a new excise regime coming into effect in Delhi from Wednesday, swanky shops with walk-in facilities are being opened and restaurants will be serving liquor in bottles.
Moving ahead with the implementation of its new excise policy, the Delhi government has invited applications from hotels, clubs, motels, bars and restaurants for serving liquor on their premises
Thanks to price hikes, liquor has become cheaper than petrol and diesel in the country, Congress leader and Maharashtra PWD minister Ashok Chavan said here on Thursday.
Faced with serious shortfall in excise revenue,the territorial government has imposed a 20 percent special excise duty on maximum retail price uniformly on all brands of liquor products in UT
Liquor stores in Saifai of Uttar Pradesh's Etawah district have started to sell liquor only to people who have been vaccinated against Covid-19 and produce certificates
The global grocery sector grew a record 10% in 2020, industry data showed on Wednesday, as people stuck at home under Covid-19 restrictions cooked, baked and drank more
The stringent National Security Act was invoked on Saturday against six persons in Bhopal in Madhya Pradesh for allegedly involvement in the illicit liquor trade
An internet-based liquor distribution system has been launched for the serving and retired personnel of the Indo-Tibetan Border Police (ITBP) force
The irony is that Connaught Bar cannot properly celebrate its victory until December 1, as a new four-week coronavirus lockdown takes effect in the UK