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United Spirits Ltd confronts a Rs 5.51 crore tax demand for failure to submit forms and proofs. Deputy Commissioner of State Tax, Nanded, imposed the demand post-merger. The company plans rectification or appeal, foreseeing no financial impact.
Pernod Ricard's global portfolio comprises over 200 premium brands, including 100 Pipers, Chivas Regal, The Glenlivet, Absolut, Havana Club, and Jacob's Creek. It also owns IMFL brands such as Blenders Pride, Imperial Blue, and Royal Stag. India is the second largest market globally for Pernod Ricard after the US.
People drink hundreds of gallons of canned, boxed and bottled beverages daily. But, do they know what they are drinking, how it was contained, and packaged? Invariably, the answer is, no. For, they have never had the opportunity to see the...
India is the second largest market globally for Pernod Ricard after the US. Recently, Pernod Ricard India MD Jean Touboul in an interaction with PTI had said that he expects a threefold jump in sales in the country by next decade, led by macroeconomic tailwinds, favourable demographic dividend and growing premiumisation in IMFL and imported brands.
THE BEVERAGE market is a very competitive one on which a plethora of brands, flavours, and essences are constantly jostling for the palates of discriminating consumers. It is an unforgiving space. If people do not like it, they will not buy it. For...