Business News

Diageo to reformulate India whisky, rum brands after FSSAI flavouring challenge

FinSiddhi

Diageo’s move follows FSSAI objections over flavouring in select spirits, raising questions over costs, product formulations and a manufacturing practice widely used across India’s liquor industry.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

FIIs dumped nearly Rs 1 lakh crore worth of these 10 stocks but 8 defied the selloff

Foreign investors sold nearly Rs 1 lakh crore from ten Indian stocks. Eight of these companies saw their stock prices increase despite the selling. Bajaj Finance led the gains with a twenty-five percent jump during the quarter. Strong earnings results helped most stocks defy the foreign selloff. FIIs turned net buyers in July after months…

Cautious RBI likely to hold rates amid inflation and global risks

The RBI governor has reiterated that the central bank’s primary mandate is inflation control. India’s retail inflation has risen steadily to 4.4% in June from 2.7% at the start of the year. There are concerns around volatile crude oil prices and their impact on India’s fuel and overall inflation.