Inside ABD’s plan to build a luxury alcobev house for India’s rapidly premiumising customer| Business News

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 […]

Jean Touboul on multi-category launches, premiumisation and customer insights| Business News

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 […]

AMD, Cisco, Saudi Arabia’s Humain launch AI JV, land first major customer| Business News

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. […]