CBI books Sisodia in excise case after day-long raid

The Central Bureau of Investigation (CBI) on Friday raided the home of Delhi Deputy Chief Minister Manish Sisodia and 30 other locations in connection with alleged corruption in the implementation......

Centre's lockdown plan: Red, Orange and Green zones

It is likely the government will divide the country into different zones during the proposed extended lockdown and may permit a few services to function in safe zones. IMAGE: People carry......

I-T raids on offices of Jaya TV, associates over suspected tax evasion

Income Tax sleuths on Thursday carried out simultaneous multi-city raids on 187 premises including those linked to sidelined AIADMK leaders V K Sasikala and her nephew T T V Dinakaran and Tamil......

Cheers to jugaad!

Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita......

United Breweries sees fizz in premium beer segment

Bengaluru-based United Breweries (UBL), makers of Kingfisher beer, is eying strong growth in the premium beer segment, driven by changing consumer preferences towards premiumisation. Photograph:......

Good times ahead for United Breweries as heatwave, IPL set the tone

A cocktail of heatwave and upcoming cricketing events is expected to usher in the peak season for the country’s largest beer maker, United Breweries. Photograph: Rupak De Chowdhuri/Reuters......

Brokerages positive about medium-term outlook for liquor stocks

Analysts believe that the sector could experience a reversal of fortunes due to better demand and margin improvements. Photograph: Flavio Lo Scalzo/Reuters After underperforming its peers in the......

Higher taxes, competition weigh on liquor stocks

Stocks of alcoholic beverage makers have corrected over the last few trading sessions on worries that taxes, competition and costs will hurt sales and profitability. Photograph: Flavio Lo......