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Allied Blenders Distillers

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Liquor volumes may take 20% hit in FY21

Almost 70 per cent of alcohol distribution in India happens through liquor vends or shops, while 30 per cent happens on-premise, that is, in bars, pubs, and hotels. The Indian-made foreign liquor......

Liquor companies dizzy as prohibition looms large in Andhra Pradesh

A phased roll-out of prohibition will hit revenues of companies, which get 5% of their volume sales from the state Liquor companies may have to contend with significant loss of revenue if Andhra......

Weak rupee, SBI earnings drag Sensex, Nifty lower

Benchmark share indices ended lower on Tuesday with SBI leading the decline on concerns over weak earnings and rising non-performing assets. Further, the continuing logjam over the GST Bill and......

Greece 'No' doesn't affect markets; Sensex, Nifty end in green

  Benchmark shares indices staged a recovery in late trades, shrugging off the developments in Greece, led by pharma shares and index heavyweights while TCS gained ahead of its first quarter......

Sensex ends up 59 points; Nifty closes above 7,900

Markets ended higher on Friday led by IT exporters after upbeat US economic data indicated signs of an uptick in the world's largest economy. Further, the benchmark Nifty, ended above 7,900 for the......

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