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The Latest Breaking News from Vivek Gupta

UBL sees positive demand momentum in Q2, invests Rs 110 cr in Maharashtra brewery

United Breweries Ltd reports positive demand momentum and strong premium brand growth. The company expects double-digit revenue growth and over twenty percent for premium brands. A new canning line at Ellora Brewery will enhance production capacity for various beer segments. Policy reforms in states like Karnataka are driving significant category…

The Economic Times · Sep 1

Beer industry sees near double-digit growth but margins under pressure: UBL MD & CEO

The Indian beer sector is witnessing impressive growth, propelled by reformative state initiatives and seasonal weather advantages. However, the rising costs of inputs, notably glass and imports exacerbated by international disputes, are strategically challenging profitability. Yet, firms are optimistic about regaining profit stability as beer consumption among younger demographics, who…

The Economic Times · Jul 8

Hemant Soren was arrested for refusing to leave INDIA bloc, says Congress chief at Opposition rally

INDIA rally in Ranchi: Former Jharkhand Chief Minister Hemant Soren was arrested for refusing to leave the INDIA bloc, Congress chief Mallikarjun Kharge has alleged, warning Prime Minister Narendra Modi that if he tried to “terrorise” tribals, he himself would be destroyed.

The Hindu · Apr 21, 2024

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