President : Subhash Arora
                        Editor : Sourish Bhattacharyya
 
    Daily eNewsletter No. 14 : : April 29, 2006
 

India, European Commission Head for Tariff Tiff

India could be heading for trouble with the European Commission (EC) for its import tariff regime on imported alcoholic beverages, reports The Economic Times. An EC investigation into India's multi-layered taxation policy on bottled-in-origin (BIO) liquor ... more

2005-06 Q4: UB Posts 3-Fold Growth in Net Profits

India's largest manufacturer and distributor of alcoholic beverages, United Breweries, has posted a two-fold increase in its net profit that stood at Rs 212 million for the quarter that ended on March 31. Last year, in the same period, UB had netted Rs 107 million.... more

SAB Miller Ready to Snap Up Mohan Meakin?

The world's third-largest brewer by volume, SABMiller, looks set to snap up a majority stake in Mohan Meakin, reports www.just-drinks.com. The London-listed brewing giant, which is also India's second-largest beer maker, has long been considered the front-runner ... more

France Faces Big Shortage of Cooks, Waiters

If you're a skilled hotel and restaurant worker, France may be the place where you'd like to go. But don't count on France relaxing its immigration laws before the 2007 elections to the country's presidency, because nationalist candidates have cornered a significant share of the national vote.... more

Parker Blamed for St Emilion Wine's Opening Price

Britain's wine trade is blaming the influential American critic, Robert Parker, for the first huge price rise of Bordeaux 2005, reports Adam Lechmere in www.decanter.com. St Emilion's Quinault L'Enclos has been released and will sell in the UK at around £250 per case - an increase of 85% on last year.... more

Berry Bros Exec Slams Parker; Top Points to Lafite, Latour

The phones may have been ringing off the hooks all day with Bordeaux enthusiasts wanting to get their hands on Robert Parker's favourite wines, but the fine wine team of the London merchants Berry Bros & Rudd have reacted with surprise and concern to the eagerly awaited document,.... more

South Africans in a Twist Over Tainted Cork

In his highly acclaimed column on www.wine.co.za, Neil Pendrock wonders whether South Africa's declining wine exports to UK may have something to do with the high incidence of cork taint. But as is the case in India, South African consumers appear to have a mindset problem with alternative closures.... more

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