Antinori divorces Sonarys, marries Berkmann
In the Catholic Italy divorces are not very common, neither are they in their wine world but Marchesi Antinori which was with Mumbai based Sonarys for almost a decade has called it quits and instead has appointed Berkmann Cellars India as its distributors with effect from April 1, writes Subhash Arora. The trouble seems to have started |
Feature: Maharashtra Ready for Next Tranche of Dole
After waiting for more than a year, Maharashtra vintners and farmers can look for some financial respite with a revival package of around Rs. 900 million likely to be announced as early as Friday for the industry wilting from recession and the 26/11 attack in Mumbai in 2008, but would it be the end of their woes, wonders Subhash Arora. |
Indage Appeals against Winding Up Order
As expected in the industry circles, Indage Vintners has filed an appeal against the order passed by a High Court judge on March 19 to wind up its operations, to the division bench of the Bombay High Court, claiming it is not insolvent and that the workers would suffer if the company is forced to wind up and its assets liquidated. |
OIV Report: Global Viticulture Disappointing in 2009
The global viticulture situation in 2009 continued to reel under the impact of the global recession with the world consumption estimated at 236.6 million hL, a decrease of 6.8 million hL compared with 2008, said Mr. Federico Castellucci, Director General of the OIV at a press conference in Paris last Tuesday when he revealed the major econ |
Italian President to Inaugurate Vinitaly
The ruling Indian Congress Party has failed to get wine designated as an agronomical product despite being presided by an erstwhile native of Italy but the President of the Republic will formally inaugurate the 44th edition of the international wine show, Vinitaly in Verona on 9th April, the historic visit underlining the importance Italy att |
Red Alert: Foreign Producers- Beware Rogue Importers
During overseas visits and discussions with foreign producers as also with importers, we are privy to a lot of confidential commercial information from both sides. This is privileged and can never be shared in public but there are instances when producers are hit below the belt- by a few rogue importers, against whom we would be happy |