Karnataka

Karnataka Legislative Assembly passes bill to ban hookah bars and tighten tobacco regulations

NewsFebruary 23, 2024

The Karnataka Legislative Assembly on Wednesday passed a bill that prohibits hookah bars in the state, and carries a penal provision of imprisonment of one-to-three years and fines of up to INR 1 lakh for violations. Additionally,...

Karnataka govt to revise liquor duty rates to bolster revenue and curb trade diversion

NewsFebruary 17, 2024

The Karnataka state government plans to adjust duty rates across the 18 slabs for Indian Made Liquor (IML) to safeguard its revenues and prevent trade diversion to neighboring states. "In order to rationalise the tax slabs and...

Karnataka hotels and restaurants lobby for industry status and streamlined licensing procedures ahead of state budget

Budget 2023February 15, 2024

As the state Congress regime prepares to unveil its second budget on Friday, hotels and restaurants are lobbying the government for industry status and...

Karnataka govt announces 10% hike in beer duty, prices to surge from February

NewsJanuary 24, 2024

As per a TOI report, the Siddaramaiah-led government in Karnataka is planning to implement a 10 percentage point increase in the duty on beer...

New Year, New Records: MSIL’s liquor sales skyrocket to INR 18.85 Crore in Karnataka

NewsJanuary 2, 2024

Liquor outlets managed by the State-owned Mysore Sales International Limited (MSIL) recorded sales of alcoholic beverages amounting to INR 18.85 crore on Sunday, as...

Karnataka govt reverses order to halt beer breweries’ third-shift operations

NewsDecember 12, 2023

The Karnataka government has reversed its earlier order, which had instructed beer manufacturers in the state to halt third-shift operations. This change comes in...

Former Karnataka CM Basavaraj Bommai launches men’s shirt brand ‘Kut For You’

NewsDecember 4, 2023

On Sunday, Basavaraj Bommai, the former chief minister of Karnataka, unveiled the premium men's shirt brand "Kut For You." These shirts are crafted by...

Tim Hortons’ expansion brews excitement with new outlets in Bengaluru

NewsSeptember 18, 2023

Tim Hortons, the well-known Canadian coffee chain, is all set to make its mark in Bengaluru, India. Given that Karnataka, recognized as the coffee...

Swiggy strengthens position in Karnataka, extends reach to new cities and 4000+ eateries

NewsSeptember 15, 2023

Swiggy, a prominent player in the food technology industry, has significantly broadened its presence in Karnataka by collaborating with more than 4,000 restaurants across...

Karnataka govt dismisses dip in liquor sales after tax hike, expects demand to rebound

NewsAugust 29, 2023

The Karnataka state government on Monday brushed aside the decrease in liquor sales observed in the last days of July as a routine phenomenon....

Muttiah Muralitharan’s Ceylon Beverages to invest INR 440 Crore in can manufacturing plant in Dharwad

NewsAugust 10, 2023

Sri Lankan beverages company Ceylon Beverage Can Pvt Ltd, promoted by Muttiah Muralitharan, is poised to establish a full-fledged plant in Mummigatti, near Dharwad...

Tomato prices soar to INR 200/kg in Tamil Nadu as heavy rains impact crop in Karnataka and Andhra Pradesh

NewsJuly 31, 2023

There seems to be no respite for the people from the rising prices of tomatoes in Tamil Nadu as the wholesale price of the...

United Spirits reacts to tax hike with 14-17% surge in liquor prices in Karnataka

NewsJuly 24, 2023

United Spirits, the largest liquor company in the country, has announced that the prices of its brands will witness a surge of 14-17% in...

Karnataka’s excise revenue from liquor sales hits all-time high, poised to double by 2024

NewsJuly 10, 2023

The excise revenue generated from liquor sales in Karnataka has experienced a significant surge of 65% within the past five years. Starting from INR...

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Tanishq’s CaratLane goes global with new store in New Jersey, USA

Tata CLiQ teams up with Bvlgari to bring luxury products online in India

D2C GIVA raises INR 255 cr to expand offline presence

Kalyan Jewellers revenue soars 39% on strong same-store sales in Q2 of FY25

Day 2: Swiggy’s IPO continues to receive lukewarm response with only 35% subscription

India’s Textile Industry to see 6-8% growth in FY25 driven by US demand

Swiggy’s IPO receives 11% subscription on opening day, sluggish start

Swiggy secures INR 5,085 Cr before IPO, issues 13.03 Cr shares

Arya.ag secures $19.8 Mn from US DFC, aims debt support for Aryatech

Karnataka

Karnataka Legislative Assembly passes bill to ban hookah bars and tighten tobacco regulations

Karnataka govt to revise liquor duty rates to bolster revenue and curb trade diversion

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