Alcoholic Beverages
Cupid Breweries and Distilleries Limited's board approved the acquisition of full stakes in Rinpoche Spirits Private Limited and Crochet Industries Private Limited through share swaps on March 2, 2026. The company allotted approximately 4.44 crore equity shares valued around ₹348 crore for Rinpoche Spirits alone. It also greenlit new branch offices in five Indian states to bolster its alcoholic beverages operations.
Reported by AI
A 32-year-old woman died in São Vicente, on the coast of São Paulo, after falling ill from consuming an alcoholic drink at a bar. Police are investigating possible methanol poisoning amid a crisis that has caused 15 deaths in Brazil. The establishment was shut down for lacking a permit.