In March 2025, Allied Blenders & Distillers, the largest Indian-owned alcobev firm, moved its premium brands to a new luxury subsidiary, ABD Maestro. It invested ₹70 crore for an 80 percent stake, with actor Ranveer Singh owning the balance. Bikram Basu, managing director at ABD Maestro Pvt. Ltd. (Handout) Maestro’s portfolio includes owned brands such […]
Pernod Ricard India has opened a new front in its premiumisation journey with the launch of Seagram’s Xclamation, a unified five-spirit portfolio comprising whisky, brandy, vodka, rum and gin, all priced at the same premium entry level. This multi-category, single-brand launch is a global first for the company. In Haryana, a 750 ml bottle will […]
Advanced Micro Devices Inc., Cisco Systems Inc. and Saudi Arabia’s AI startup Humain are forming a joint venture to build data centres in the Middle East and have landed their first customer. For the initial buildout of 100 MW, Cisco will provide networking equipment and other infrastructure and AMD will provide its MI450 AI chips. […]
