Alcohol stocks have priced in FTA gains: Karan Taurani

May 15, 2025

The UK FTA is poised to boost the Indian luxury spirits segment, potentially leading to a 15-20% price correction and accelerating volume growth to over 40%. While benefiting companies like United Spirits, this deal may challenge Indian brands to adjust their pricing strategies.

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LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares

LIC increased its stake in SBI from 9.21% to 9.49% through participation in SBI’s record Rs 25,000 crore QIP. The offering saw overwhelming interest, receiving

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SBI raises Rs 25,000 cr via share sale through QIP

State Bank of India (SBI) on Monday said it has raised Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth.

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