We Recommend . Grover's La Reserve '03, '04 ... more

Global's Mukul Mehra Outlines Road Map to Reforms

The soft-spoken wine marketer, who represents the fourth generation of a family in the alcoholic beverages business for 100 years, makes a case for a single-window taxation system to ease the restrictions bogging down the wine market, reports Subhash Arora  ... more

Tata Coffee Acquires Eight O'Clock Coffee For US$220m

On a day when Indians were toasting the successful closure of steel tycoon Lakshmi Mittal's US$33.35bn bid on Arcelor, the world's second largest steel maker, another significant takeover went unnoticed.  ... more

Aussies Move From Beer to Wine, Drink 28.1 Litres Per Person

Australia's reputation as a beer-drinking nation has taken a dive with figures showing alcohol tastes are turning to wines and spirits, says The Advertiser newspaper quoting an AAP despatch.  ... more

India, US Put Wine & Spirits on Trade Policy Forum Agenda

At a ministerial-level meeting of the US-India Trade Policy Forum (TPF), Kamal Nath, India's Minister of Commerce & Industry, and the U.S. Trade Representative Susan C. Schwab agreed on a number of initiatives to double two-way trade in three years to US$50 billion by 2008,  ... more

UK Merchant Puts Together Every Yquem Vintage Since 1860

An extraordinary collection of every vintage of Chateau d'Yquem since 1860 has been put together and will be offered for sale later this year, reports Adam Lechmere of Decanter.com. ... more

France, Spain Slam EU Move to Slash 'Wine Lake' Subsidies

France's Agriculture Minister Dominique Bussereau called the European Commission's planned reform of the EU wine market "unacceptable". France, besides Italy and Spain, accounts for the lion's share of EU wine production, and its farmers would be hit hard by commission proposals to ... more

Bordeaux 2005 Futures Sizzle; Farr Earns a Million in a Week

The 2005 Bordeaux wine-futures frenzy widened last week when a dozen major chateaux finally added their prices to others already released. Increases are from 25% to as much as 325% above last year's prices, writes Bloomberg's Elin McCoy. But even if 2005 Bordeaux is  ... more

Real Estate Company DLF Plans US$2-2.5bn Foray Into Hotels

DLF Universal is preparing for a US$2-2.5 billion entry into the hospitality sector. The company, a real estate company based in New Delhi , has acquired 24 sites all over the country and is negotiating for 15-20 more, reports the Business Standard . To put the numbers in the right  ... more

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