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.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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