Monika Alcobev files for IPO
Monika Alcobev, a prominent distributor in India’s premium and luxury liquor segment, has filed draft papers with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).
Monika Alcobev, a prominent distributor in India’s premium and luxury liquor segment, has filed draft papers with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).
Indian beers have been present in the global market for some time but have yet to gain recognition comparable to Indian single malts, says Ishwaraj Singh Bhatia, Co-Founder and COO of Simba Beer and ZigZag Vodka, Sona Beverages Pvt. Ltd.
Pernod Ricard reported a resilient FY25 YTD performance, led by growth in India, where net sales rose 5 percent despite a softer Q3 impacted by new customs clearance procedures and a temporary production halt in a key state, both now resolved.
Radisson Blu Hotel, New Delhi Paschim Vihar has appointed Anuj Soin as its new General Manager. Bringing in over 18 years of rich experience across leading hospitality brands.
Premium beers are no longer confined to metropolitan hubs— consumers in Tier ll and lll cities are now actively seeking elevated drinking experiences, says Nayanabhiram Deekonda, Senior Vice President and Chief of People, Product and Growth at Bira 91.
The Himachal Pradesh government has decided to run 240 liquor vends that remained unsold during open auctions through various state-run boards and corporations in order to prevent revenue loss.
Uppal Brewers and Distillers (UBD) has launched its premium Indian whisky Soorahi in Punjab, expanding its footprint after a successful debut in Delhi earlier this year.