United Breweries Ltd., one of India's largest beer makers, is betting on its premium brands like Kingfisher Ultra to drive growth even as rising taxes in key states, including Telangana, Karnataka, and Rajasthan, threaten to offset a potential boost from a prolonged summer.
After disruptions during the general elections last fiscal impacted production and shipments across the sector, an early and longer summer this year is "going to be more helpful as it will lead to more consumption from a macro standpoint", said Vivek Gupta, managing director and CEO of Dutch parent Heineken-controlled United Breweries. "We are definitely looking forward to having a year with less disruptions."
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Wholesale inflation up in Feb on sticky fuel, power prices
Price boost
Maruti, Tata Motors hike prices by up to 4% amid slowing sales
Two of India's largest vehicle makers have announced further price hikes amid struggling sales, which analysts say is an unavoidable move that could further slow demand.
Proxy firms advise against reappointing TVS boss
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Officer's Choice maker plans to add 2-3 brands in FY26
Allied Blenders and Distillers Ltd (ABD) is betting on high-quality aged spirits to overcome stagnation in the Indian liquor market and drive future growth.
Chase for chill to lift summer-driven biz
Forecast spells demand for beverages, fans, air-conditioners
HDFC Life: Tad ahead of the rest
Tracking life HDFC Life's growth rate, though low, remains positive when other large life insurance companies reported a decline.
Startups tap upswing in luxury travel
As Indians increasingly indulge in luxury travel experiences, a growing number of startups is capitalizing on the trend, offering bespoke experiences to cater to the rising demand.
Protectt.ai gets $8.7 mn in round led by Bessemer
Mobile apps cybersecurity startup Protectt.ai said on Monday it has raised around $8.7 million at an undisclosed valuation in a Series-A funding round led by global venture capital firm Bessemer Venture Partners (BVP).
Does marriage nullify a will? Key insights
I am a 44-year-old man who recently decided to get married. I have inherited some property from my deceased father, which I want my younger sister to inherit upon my passing, instead of my spouse or any other legal heir. Please advise whether my pre-existing will would be revoked automatically if I get married, and whether I need to prepare a new will thereafter to ensure my wishes are honoured.
Bajaj Group to buy Allianz stakes in JVs for â¹24,180 cr
The Bajaj Group will buy out Allianz SE's stakes in their two insurance joint ventures for a total of â¹24,180 crore, marking the end of its 24-year partnership with the world's largest insurer.
