Coke was likely looking to get into the booming hard seltzer market before its revenue plunged 28per cent in the second quarter due to the coronavirus outbreak.
Restrictions on travel between the Nordic neighbours imposed to contain transmissions of the coronavirus triggered a jump in retail sales, especially in regions bordering Sweden
Loss of business in peak season, higher consumption cost and lower shelf life to make recovery tougher than United Spirits
Other delivery majors like Swiggy and Zomato are already in the delivery of liquor while e-commerce giant Amazon is also set to play in this segment.
Alibaba-backed Indian grocery venture BigBasket has also won approval to deliver alcohol in the state, the notice said
In a statement, the company said it prioritises safe delivery and ensuring all guidelines are maintained including social distancing
At present, petroleum is an item, along with alcohol, which gives satisfaction to states that they have some fiscal federalism left with them
To ensure safe delivery of alcohol in compliance with applicable laws, Swiggy has introduced measures such as mandatory age verification and user authentication to complete deliveries
Madrid, until a few years ago, wasn't really known for its beer.
The top court observed that it is not feasible to pass orders
Almost 50 per cent of the 70,000 liquor vends in India could open on Monday
There are around 450 liquor shops, except those in malls, in the national capital
Villages and small towns like Jind and Sirsa, which are located near the banks of Yamuna, have become the hub of hooch manufacturing
Punjab would like to help the Centre in any way possible to deal with the coronavirus disease (Covid-19) pandemic, said state Finance Minister Manpreet Singh Badal
Liquor imports account for almost 50 per cent of the overall duty free sales of $ 450 million
Why deprive international travellers of small pleasures?
The commerce dept has reportedly suggested to the finance ministry that the upcoming Budget prohibit purchase of cigarette cartons at duty-free shops.
Suntory, which already sells whisky in India including from its subsidiary Beam Suntory, would begin selling a new product which uses imported whisky blended in India, a spokeswoman said.
The alcohol menace keeps coming up on the media radar and is pushed back every time
Brands are offering new products which are low on alcohol, sugar and preservatives and cater to the growing 'sober curious' movement