Till three years ago, premium imported wines could be sampled only in five-star restaurants. Today, they’re making their way to the shelves of stores such as Reliance Mart, Nature’s Basket, and HyperCITY. Little wonder that in the last five years, imported wine sales have grown 30% annually, according to Delhi-based Brindco Sales, the largest wine importer in India.
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Enterprise
Hiring in manufacturing, services sector to increase 10% YoY in Q1FY24: TeamLease
According to the report, close to 64% of employers in the services and manufacturing sector are keen to increase their resource pool across industries in the April to June period of FY23-24.
SEBI allows PE funds to own mutual fund cos
The market regulator says that the move will give greater flexibility to the industry, and will allow the self-sponsored AMCs to continue the mutual funds business.
NCLAT rejects Google's plea against CCI order, asks tech giant to deposit ₹1,337 cr fine
The NCLAT has asked the tech giant to pay the amount of ₹1,337 crore within 30 days.
Domestic auto sales to grow 7-9% in FY24 on infra boost: CareEdge Ratings
The rating agency says passenger vehicles and commercial vehicles are expected to drive demand, while two-wheeler and three-wheeler segments will cross the pre-pandemic level.
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