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Anand Kripalu

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Slowdown has also hit India's liquor industry

Experts are of the opinion that though the second half of this financial year will see some recovery, volume growth is likely to remain in single digit as compared to the double-digit rise recorded......

Bharat punctures hopes of boost in FMCG demand

Recent data from market analytics firm Nielsen shows that the rural market in the country’s 630,000-odd villages is pulling down the overall FMCG business. Photograph: Reuters Those......

It's a double whammy for liquor industry

The rush for prohibition and the Supreme Court’s decision to ban liquor sales within 500 metres from highways have hurt companies. IMAGE: At around 65,000 licensed liquor shops across the......

United Spirits to shed 300 jobs

United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company. United Spirits Ltd (USL), majority owned by British liquor major......

Tough legal battle lies ahead for USL, Mallya

USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies. With Diageo accusing former UB group chairman Vijay Mallya of fund diversion from......

BCCI yet to discuss IPL offer from English counties

Photograph: Kind courtesy BCCI/IPL The Indian cricket board will explore all options to try to complete this year's Indian Premier League (IPL) but is yet to discuss offers from English......

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