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Alcohol sales lose 'kick' on input cost, taxes

High input costs, coupled with labour taxes, state excise duties and the widening of the service tax network during the current financial year has left the alcohol industry high and dry -- whether......

Brand transfer tax to SabMiller: Foster's moves SC

Global beer brand Foster's Australia Ltd has moved the Supreme Court challenging the Authority for Advance Ruling's judgement that held it was liable to pay tax on income from transfer of its brand......

No hostile presence in India: Heineken

Dutch beer major makes it clear as it prepares to acquire Scottish & Newcastle's stake in UB.This is as definitive as it can get. Dutch global beer major Heineken is understood to have outlined its......

Beer war hots up in India

Pints of Budweiser beer find their way to tables in a Mumbai restaurant that's not necessarily upscale. The recently introduced international brand is priced at a premium to other local offerings.......

Spice Telecom, Bajaj Capital in ICL's bag

According to sources, the breakaway league has managed to rope in Spice Telecom and Bajaj Capital as ground sponsors. Reliance Communications and Manikchand Group may also come on board soon.With......

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