Indian Made Foreign Liquor

The criticism comes a day after the state cabinet approved a four percent increase in the general sales tax on IMFL.

Liquor makers urge Kerala Govt not to impose additional sales tax on IMFL

Liquor makers have urged the Kerala government to not impose additional sales taxes on the Indian made foreign liquor (IMFL) which already attracts steep levies of up to 240 per cent in the state.

Plan to open facilities in Bihar and West Bengal: Globus Spirits

Plan to commission two greenfield facilities in Eastern India, Shekhar Swarup, ED of Globus Spirits.

Pincon Spirit soars 10% post listing on National Stock Exchange

Kolkata-based spirit company had reported a whopping 53.1 percent jump in profit at Rs 25.5 crore and 42.6 percent rise in revenue at Rs 987.9 crore in FY16 compared with FY15. Operating profit (earnings before interest, tax, depreciation and amortisation) grew by 63.9 percent and margin expanded by 80 basis points in same period.

Bihar becomes dry state from Tuesday; ban on sale of all alcohol

Bihar Chief Minister Nitish Kumar, who had made it an election promise in the lead-up to the elections, has clarified that the ban will be over all kinds of alcohol. Bihar is the fourth state to become dry.

Supreme Court upholds Kerala HC order of liquor ban

Dismissing the plea seeking removal of liquor ban of many hoteliers, the apex court has made Kerala the fifth state with such a ban.