High Court in London grants access to around 1.1 million pounds from court-held funds to meet living expenses and legal costs to Embattled liquor tycoon Vijay Mallya

Even though occupancies are gradually picking up the average room rates (ARRs) continue to remain low (nearly half of the pre-COVID level), which is affecting the revenues of the industry

Medium and small liquor manufactures have said that the proposed stringent excise policy means that only large MNC liquor players would be able to register and sell in Delhi market

The paramilitary force launched the centralised liquor management system (CLMS) sometime back as a solution to the problem of non-availability of the desired liquor brands to its personnel

At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK

At least 15.5 per cent of the male population of age 15 and above consumed alcohol in Bihar. The consumption of alcohol in rural Bihar (15.8 per cent) was more than urban Bihar (14 per cent)

Deputy Insolvency and Companies Court Judge Robert Schaffer declined to allow a draw down from the court-held funds of an estimated amount of around 1.5 million pounds, accrued from the sale of Mallya's French luxury property Le Grand Jardin

HDFC Securities top Diwali picks for making investments comprise Bharti Airtel,Infosys,Cadila Healthcare,ICICI Bank,United Spirits,Gujarat Gas among others

United Breweries Holdings Ltd. (UBHL), on Thursday, moved the Supreme Court against the Karnataka High Court's March 6 order that upheld the winding-up ruling passed in February 2018 as the company failed to pay admitted liabilities to its creditors

Congress seeks extension of GST compensation cess collection to 10 years; demands all borrowing to tide over COVID-19 crisis must be done by the Centre

Diageo-owned liquor firm United Spirits Ltd (USL) had sold its entire equity stake in Four Seasons Wines as well as associated brands to Grover Zampa Vineyards and Quintela Assets for Rs 31.86 crore

The BMC said all essential shops which were allowed to remain open earlier shall continue to do so whereas all non- essential markets, market areas and shops will remain open from 9 am to 7 pm.

India's top two food-delivery startups, Swiggy and Zomato, started delivering alcohol in some cities last month, as they looked to cash in on the high demand for booze as many states come out of a lockdown aimed at tackling the coronavirus

The demand to consider liquor as food is primarily to ensure that a lower GST rate of 5 per cent, instead of 12 per cent, is levied on services provided to the industry by job workers

The alcohol rates won't be at the pre-COVID-19 level as the AAP government has increased the value added tax (VAT) on all categories of liquor from 20 to 25% from June 10

Kerala's state GST collection in April this year dropped 78% to Rs 517 crore against Rs 2,407 crore a year ago

Adani bets big on India; says country will be world's biggest manufacturing hubThe recent slump in economic growth notwithstanding, India will be one of the world's top consumption centres and a manufacturing and services hub for the next several decades, billionaire Gautam Adani has said, stressing there is no better time to bet on India than now. Adani said there cannot be any denying the fact that India over the next several decades will be a market continuously on the up and o...

Back in May, the Delhi government has imposed a 70% corona fee on the MRP on types of liquor. By the end of May, the excise department witnessed a total sale of Rs 234 crore

The organization claimed that the high tax rate is drastically affecting the sale of alcohol in the national capital. It wants the government to bring down the cess to a 'realistic and sustainable' level

\"Most restaurants will start a takeaway section, if they dont have one already,\" the association secretary said