Liquor

Globus Spirits slips 15% on weak March quarter results

In Q4FY22, EBITDA margin contracted by 720 basis points (bps) year-on-year to 17.6 per cent.

Telangana govt hikes liquor prices by 20-25% to mop up revenues

The Telangana government has increased the liquor prices by 20 to 25 per cent to mop up revenues.

Delhi govt takes policy decision to allow bars to serve liquor till 3 am

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. The government has issued necessary directions to the Excise department and an order is likely to be issued soon in accordance with the Excise Policy 2021-22, said a senior government officer. "Bars at restaurants are now allowed to operate till 1 AM. The Excise department will work with other agencies, including police, if the timing is extended till 3 AM," he said. The Excise Policy that came into force from November 2021 recommended that the timings of operation of bars may be brought at par with neighbouring cities. In the NCR towns of Gurgaon and Faridabad in Haryana, bars are allowed to open till 3 AM. However, in Noida and Ghaziabad in Uttar Pradesh, bars are open till 1 AM. There are around 550 independent restaurants in Delhi that serve Indian and foreign liquor on being granted L-17 licence from the Ex

Maharashtra sees over 17% rise in sale of IMFL in 2021-22

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

Delhi excise dept allows pvt shops to offer up to 25% discount on liquor

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.

Jharkhand government to take over wholesale, retail sale 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.

Kerala tweaks liquor policy, IT parks now allowed to serve liquor

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

Tamil Nadu State Marketing Corporation hikes liquor prices in state

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

Liquor rebate: Can't foster drunkenness with discounts, Delhi govt tells HC

Advocates representing several petitioners argued that the Delhi government order was passed by the concerned authority without any jurisdiction and was perverse and arbitrary

The ins and outs of cocktails

Some of the material in The Oxford Companion to Spirits and Cocktails is relatively heavy going

Indian Made Foreign Liquor consumption in MP up by 23% in one decade: Govt

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

Swanky liquor shops opening in Delhi from today under new excise regime

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. According to the new excise policy of Delhi, classy liquor vends will be set up in 32 zones across the city. One retail licensee will have 27 liquor shops per zone. The new policy aims at revolutionising the consumer experience by replacing the existing liquor vends in the nooks and corners of the city with posh and stylish liquor stores spread over at least 500 square feet area with walk-in facility. These shops will be spacious, well lit and air-conditioned. People engaged in liquor trade expressed apprehensions over shortage of alcohol and possible chaos on the first day of the new liquor regime. However, officials of the Excise Department said elaborate arrangements have been made to ensure people do not face any problem. "We have given provisional licences to around 350 shops and registration of over 200

New excise policy: Delhi govt seeks applications for serving liquor

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

Liquor has become cheaper than fuel: Ashok Chavan

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. The former chief minister led a protest march against rising prices from Old Mondha area to the district collector's office. "Earlier, during our government, when fuel prices went up by a rupee or two, opposition leaders would launch agitations. Today they are in power and the per litre fuel prices have crossed Rs 100 and LPG cylinder prices have tripled," he said, addressing the protesters. This has led to the price of every commodity going up and transportation costs rising, the Congress leader said. "During the BJP regime, liquor has become cheaper than fuel," he added. He also said that it was up to the Union government to give reservation to Maratha, Dhangar and OBC communities. "Since the issue is before the central government, BJP leaders in Maharashtra are quiet," Chavan alleged. During the protest march,

Puducherry govt imposes 20% special excise duty on liquor products

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

In UP's Etawah, liquor on sale only for people vaccinated against Covid-19

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

Home cooking, booze demand fire up global grocery sales in 2020: Report

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

Madhya Pradesh illicit liquor trade: NSA invoked against 6 in Bhopal

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

First time: ITBP starts online liquor distribution system for troops

An internet-based liquor distribution system has been launched for the serving and retired personnel of the Indo-Tibetan Border Police (ITBP) force

London's stylish hotel lounge, Connaught, named as world's best bar

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