Latest Updates Around The World
Shares of Sula Vineyards, Radico Khatain, United Spirits, United Breweries and Globus Spirits plunged to 4% as European wines will enter the Indian market at lower prices under the bilateral free trade agreement as India will grant import duty concessions under the pact, PTI reported, citing an official. According to the pact, excise duty on […]
United Spirits Ltd, India’s largest liquor maker, posted a 41% rise in net profit to Rs472 crore in the second quarter, driven by higher sales of premium brands, favorable pricing and improved margins despite regulatory challenges in Maharashtra. Net sales for the quarter ended September rose 11.5% to Rs3,170 crore due to the return to […]
