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The government has extended the timeline for the rollout of mandatory quality control norms for aluminium cans used in the food processing and beverages industry, providing relief to alcoholic and non-alcoholic beverage makers, from cola makers to beer brewers. The move is hailed by the alcoholic and non-alcoholic beverage makers, who have stated that the…
South Korean President Lee Jae Myung. File | Photo Credit: AP South Korea’s President has withdrawn his nomination of Lee Hye-hoon to head the country’s newly created Budget Ministry after she was accused of unlawful real estate investments and mistreating staff. The plan to appoint the former conservative party lawmaker was viewed as an attempt…
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Piccadily Agro Industries Ltd., a leading premium alco-bev manufacturer, saw its net profit nearly doubling in the October-December quarter. The surge was driven by the rising demand for its single-malt and premium portfolio. The company’s revenue from operations stood at Rs 313.8 crore, registering a robust 52.5% growth over Rs 205.72 crore in the year-ago period. The earnings before…
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