CCI directed United Breweries and Carlsberg India to pay penalties of approximately Rs 750 crore and Rs 120 crore, besides passing a cease-and-desist order.
The new brewery in Madhya Pradesh will initially add 400,000 hectoliters a year. Bira is also preparing for its last round of private fund raising before it pins down its listing plans.
Increased droughts and heat waves are threatening the barley crop, the grain typically used in beer, and also water, which makes up to 95% of an average beer.
A moment of indulgence, a way to socialise and an excuse to swap sweatpants for something smarter — mixing a drink at home has become a special occasion now.
China imports between 2 million to 3 million tons of Australian barley, considered the best, as domestic production can not meet quality requirement of breweries.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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