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Officer's Choice maker plans to add 2-3 brands in FY26

Mint Hyderabad

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March 18, 2025

Allied Blenders and Distillers Ltd (ABD) is betting on high-quality aged spirits to overcome stagnation in the Indian liquor market and drive future growth.

- Varuni Khosla

The liquor maker, best known for brands like Officer's Choice, plans to add two to three new brands over the next financial year, with an aim to increase the share of its "prestige-and-above" segments from 42% to 50%, MD Alok Gupta told Mint.

The luxury spirits segment—comprising 3% of the 410 million cases sold in 2024—accounts for over 20% of the alcobev industry's profits, according to data from the sector-specific consultancy IWSR.

Allied Blenders expects this market to expand more as a section of consumers continue to favour high-quality products.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

Serentica may raise $8 bn for expansion

Serentica Renewables plans to raise between $6 billion and $8 billion over the next five years, to help fund acquisitions and build projects as it looks to more than double its clean energy capacity in India, a top executive said.

time to read

1 min

November 28, 2025

Mint Hyderabad

Avaada to invest ₹1 trillion in 5 years

Renewables-focused Avaada Group is aiming to invest ₹1 trillion across the country over the next five years as part of its expansion into both power generation and associated businesses.

time to read

1 min

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Paint firms strengthen moats as competition heats up

A bruising market-share battle is escalating in India's ₹70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their foothold in key geographical areas while sharpening their product portfolios.

time to read

2 mins

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Sebi now trains sights on commodity derivatives

Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).

time to read

1 mins

November 28, 2025

Mint Hyderabad

VentureSoul closes first debt fund at ₹300 crore

VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.

time to read

1 min

November 28, 2025

Mint Hyderabad

Lok Sabha committee reviews insolvency law changes

The revised bill is likely to be tabled in the second or third week of December.

time to read

1 mins

November 28, 2025

Mint Hyderabad

CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD

Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots

time to read

8 mins

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Diversification holds the key to reducing our trade vulnerability

India's merchandise exports are less exposed to US policy vagaries than services. The latter need to find new export markets

time to read

4 mins

November 28, 2025

Mint Hyderabad

Paytm gets nod for payment aggregator

Fintech firm One97 Communications said its subsidiary Paytm Payments Services Ltd (PPSL) has got the Reserve Bank of India (RBI) permit to operate as a payment aggregator.

time to read

1 min

November 28, 2025

Mint Hyderabad

Consumers warm up to Bolt as it aces 10-min hunger games

A year after launch, Bolt is emerging as Swiggy's fastest-scaling bet.

time to read

2 mins

November 28, 2025

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