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3 mins read
Allied Blenders and Distillers IPO : Should you subscribe? Know all about it here
Their most famous offering, the Officer’s Choice whiskey, was launched in 1988. Amongst its other p…
1 min read
Officer's Choice whisky maker Allied Blenders' IPO subscribed 51% on 1st day of IPO
With a market share of over 8% in the Indian-Made Foreign Liquor (IMFL) market by sales volumes in …
PTI
2 mins read
Delhi returns to old excise policy regime, many brands left off shelves
The return of old excise policy, which was in force before November 17, 2021, also means that …
PTI
3 mins read
IFB Agro's share price falls by 6% as company says armed goons attacked its distillery in West Bengal
It said that at around 7:40 am on Thursday, a group of more than 150 “armed goons” forcibly ente…
1 min read
Kerala to hike IMFL prices steeply amid COVID-19 lockdow
The GST revenue has drastically dropped.Hence thestate cabinet has decided to find a revenue gener…
PTI
1 min read
Assam govt hikes excise duty on IMFL by 25 per cent
At meeting the Cabinet also decided to give nod to the Assam Agricultural Produce and Livestock Mar…
PTI
1 min read
Liquor makers urge Kerala Govt not to impose additional sales tax on IMFL
"This is in our view is taking the matter to bizarre proportions. Just to give you a reference aft…
PTI
1 min read
Liquor makers urges Kerala Govt not to impose additional sales tax on IMFL
"This is in our view is taking the matter to bizarre proportions. Just to give you a reference aft…
PTI
2 mins read
Whisky maker Allied Blenders IPO to open on June 25 as it looks to raise ₹1,500 crore
The initial share-sale comprises fresh issuance of equity shares worth Rs 1,000 crore and an …
PTI
2 mins read
IPOs this week – Allied Blenders and Vraj Iron and Steel look to raise ₹1,671 crore
Two new companies are set to enter the primary market with their initial public offering (IPO) sche…
2 mins read
Allied Blenders IPO allotment – How to check allotment, IPO GMP, listing date and more
Mumbai-based Allied Blenders, a manufacturer of Indian-made foreign liquor company (IMFL) is expect…
3 mins read
Premium alcohol sales jumped almost 50% in the last financial year
The industry is expected to grow in the current fiscal by 8 per cent to end around 412-415 milli…
PTI
1 min read
A Chennai biz group evaded tax of Rs 400 crore says IT department after raids at 40 locations
The search operations were carried out at more than 40 locations in Chennai, Villupuram, Puduche…
2 mins read
Dry state Bihar encourages women to make bangles from seized liquor bottles
Bihar, a dry state, is encouraging rural women to make glass bangles from seized liquor bottles in …
PTI
1 min read
Rajasthan hikes excise duty on liquor, beer to make up for revenue shortfall
Hurting from the huge revenue losses due to lockdown, the Rajasthan government has increased exc…
1 min read
After Uttar Pradesh, West Bengal has highest number of people consuming alcohol, says study
Therefore, even though the formula for calculation is lowest EDP, the excise duty has been h…
PTI
2 mins read
C'garh cabinet nod for 'corona' tax on liquor; farmers' scheme
The statement said that under the 'Rajiv Gandhi KisaanNyay Yojana' scheme, an amount of Rs 10,000 p…
PTI
1 min read
NMC eases lockdown norms to allow economic activities
Relaxing coronavirus lockdown norms, it also allowedsale of electrical items, coolers, hardware and…
PTI
1 min read
Vehicles carrying liquor bottles seized in Bengal's Bankura during lockdown
Locals claimed 15 vehicles were ferrying liquorbottles from a warehouse of the West Bengal State Be…
PTI
1 min read
Home delivery of liquor allowed in Maharashtra but only those with permits
Only those who have permit for drinking can order home delivery. Liquor shops which have been al…