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In 2014, Allied Blenders & Distillers acquired 50% ownership rights in Dutch liquor major Herman Jansen's Mansion House brandy and Savoy Club whiskey. [15] In 2015, ABD acquired Shasta Biofuels, a Telangana-based integrated grain spirit distillery for Rs. 200 crore. [16] In May 2017, Officer's Choice Blue was launched in Nepal. [17]
The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks tumbling. Many analysts ...
The average forecast for the group tends to predict the S&P 500 climbing by about 10%, which is in line with historical averages. After two years of above-average gains , an average year is what ...
Officer's Choice, commonly known as OC, is an Indian whisky brand which is owned by Allied Blenders & Distillers (ABD), formerly BDA. It is considered to be one of the largest spirit brands in the world. In 2015 Officer's Choice overtook Smirnoff vodka to become the world's largest selling spirit brand. In calendar year 2014, the brand sold 28. ...
The dollar fell and stocks struggled on Monday as investors trod carefully ahead of a U.S. presidential election of great consequence for the global economy, with a U.S. Federal Reserve interest ...
Furniture and housewares company RH, formerly known as Restoration Hardware, surged 17% after raising its forecast for revenue growth for the year. All told, the S&P 500 lost 0.16 points to close ...
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Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a worse-than-expected revenue outlook. Tesla shares dropped 1.5% and climbing to record highs in the previous session.
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