Herman Jansen continues to see India as a strategically-important emerging market despite selling the global rights for Maison House and Savoy Club brands from UTO Asia to Allied Blenders and Distillers (ABD). Herman will focus on growing its European and South East Asian market, Diederik Jansen, chief executive officer and seventh-generation owner of Herman Jansen, which has been producing spirits since 1777, told Business Standard.
A senior Uttar Pradesh tourism department official, who had resigned due to work pressure but was asked to continue, allegedly committed suicide on Tuesday in Mumbai, the police said.
Home Minister Araga Jnanendra said on Monday the police have also detained his "accomplices" for questioning.
Liquor market in the continent is growing twice as fast as the rest of the world.
Last month, India's AlcoBev industry pulled off a successful two-day showcase exhibition at the Hotel Renaissance in Powai. We got experts to show readers how they can create some mind-boggling cocktail concoctions, so watch and learn.
A software engineer working for a reputed firm in Bengaluru was abducted on Monday night and rescued by the police on Tuesday morning. Vijaylakshmi was abducted by her driver of two years along with four others, all of whom have been arrested.
The number of active COVID-19 cases stood at 26,565, while 10,017 people have recovered and one patient has migrated, the ministry said. "Thus, around 26.52 per cent patients have recovered so far," a senior health ministry official said.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Vikram Kothari finds himself stands accused of a bank loan default to the tune of thousands of crores.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
What once used to be a hut in this village in Faltan tehsil of Satara district in western Maharashtra has been replaced by a mansion, the best in the vicinity.
The recovery was led by pharma majors led by Dr Reddy's Labs.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
This comes in the wake of allegations of financial irregularities by the erstwhile management led by Harish Moolchandani.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Crores of new currency notes continue to tumble out of lockers and hidden locations as authorities conduct raids and searches across the country.
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