Rum is among the most popular alcobev categories in India after whiskey. Often termed a poor mans drink, it is going through a premiumisation trend, which means a subtle fine-tuning in terms of taste and becoming heavier on the pocket. Will these new-age rums find new consumer cohorts?
Allied Blenders & Distillers has appointed Jayathirtha Mukund as head of investor relations and chief risk officer. He will be responsible for investor management, risk management practices, and environmental, social, and governance reporting. The company is in the process of launching an IPO.
Allied Blenders & Distillers has appointed Jayathirtha Mukund as head of investor relations and chief risk officer. He will be responsible for investor management, risk management practices, and environmental, social, and governance reporting. The company is in the process of launching an IPO.
The Delhi High Court has restrained a Karnataka-based manufacturer from selling whiskey and other liquor products under the “Peace Maker” label in a suit filed by alcoholic beverages manufacturer.
Allied Blenders & Distillers (ABD) has hired Alok Gupta as its new managing director and chief executive. He comes from Essar Capital, where he was a partner leading its technology and services vertical. He has over three decades of experience at consumer companies, including Dabur, United Spirits and Cafe Coffee Day.