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E-Malt.com Newsletter 03a
January 13 - January 15, 2025
Quote of the Week
Put your heart, mind, and soul into even your smallest acts. This is the secret of success.
Swami Sivananda
Currency Rates
Base Currency: US Dollar
on January 15, 2025 |
Base Currency: Canadian Dollar
on January 15, 2025 |
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1 USD = 0.9737 EUR
1 USD = 0.8198 GBP
1 USD = 1.4371 CAD
1 USD = 1.6160 AUD
1 USD = 157.7830 JPY
1 USD = 6.0788 BRL
1 USD = 103.0280 RUB
1 USD = 7.3301 CNY
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1 CAD = 0.6957 USD
1 CAD = 0.5703 GBP
1 CAD = 0.6774 EUR
1 CAD = 1.1243 AUD
1 CAD = 109.7750 JPY
1 CAD = 4.2292 BRL
1 CAD = 71.6795 RUB
1 CAD = 5.0998 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA: Bank of America reiterates Buy rating on AB InBev
...Click here
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USA: Non-alcoholic beer continues to rise in popularity in the US
...Click here
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Canada: Both malting and feed barley prices down in Canada
...Click here
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USA, SC: Local Legend Brewing coming to Hilton Head this month
...Click here
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USA, FL: Juicy Brewing Co. planning second location in Florida
...Click here
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USA, WI: Molson Coors rejects Leinenkugels' bid to save Chippewa Falls brewery
...Click here
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USA, NV: IMBIB Custom Brews to close both Reno and Sparks locations by end of February
...Click here
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USA, TX: Black Star Co-op Pub & Brewery closes after 14 years in business
...Click here
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USA, MO: Freestyle Brewing Co. closes Eureka location
...Click here
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USA, WI: Littleport Brewing Co. closes as it plans to sell building to pay off investors
...Click here
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World: Barley crop 2025 expected to increase by 3.8 mln tonnes versus 2024
...Click here
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Australia: Non-alcoholic sector expected to grow at compounded annual growth rate of 5% up until 2028
...Click here
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EU & UK: Barley production to rebound slightly in 2025
...Click here
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Australia: Australian barley market very quiet as 2024 harvest wraps up
...Click here
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The Netherlands: Dutch market seeing a boom in alcohol-free beer sales
...Click here
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Ireland: Irish whiskey sees strong rebound in exports in 2024
...Click here
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Thailand: House of Representatives passes bill to promote liquor production by small entrepreneurs
...Click here
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New Zealand: Premium liquor still going down well with consumers in New Zealand
...Click here
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India: Telangana rations Kingfisher beer as United Breweries suspends sales in state
...Click here
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UK: Beer bottles could be phased out due to forthcoming ‘net zero’ tax
...Click here
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UK: Carlsberg’s takeover of Britvic approved by High Court judge
...Click here
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UK: Heineken announces draught beer price hike by an average 2.97%
...Click here
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Graph of the Week
Table of the Week
World Beer Production by Continent 2015-2024s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
13 January
1785 - John Walter publishes 1st issue of London Times
1942 - Henry Ford patents a method of constructing plastic auto bodies
14 January
1914 - Henry Ford introduces assembly line, for T-Fords
1935 - Oil pipeline Iraq-Mediterranean goes into use
1985 - British pound (£) sinks to record low-$1.11
15 January
1928 - 1st fully automatic photographic film developing machine patented
1987 - The New York Stock Exchange racks up daily volume of over a quarter-of-a-billion shares for the first time, as a total of 253.1 million shares are traded
2001 - Wikipedia, a free Wiki content encyclopedia, goes online
Agenda
February 2025:
06 - 07: Glug Swiss 2025 (Alte Reithalle, Aarau, Switzerland)
07 - 10: HoReCa 2025 (Athens, Greece)
12 - 15: Great British Beer Festival Winter 2025 (Magna Science Adventure Centre, Rotherham, UK)
16 - 18: BBTech Expo 2025 (Rimini, Italy)
21 - 23: Finest Spirits 2025 (Munich, Germany)
March 2025:
03 - 07: IBD Asia Pacific Convention 2025 (Hobart, Tasmania)
12 - 15: Festival Brasileiro da Cerveja 2025 (Blumenau, Brazil)
19 - 20: BeerX 2025 (Liverpool, UK)
25 - 27: Expo Antad & Alimentaria Mexico 2025 (Expo Guadalajara, Jalisco, Mexico)
25 - 27: 109th International Brewing & Engineering Congress 2025 (Kulmbach, Germany)
April 2025:
03 - 05: Warsaw Beer Festival 2025 (Warsaw, Poland)
06 - 08: Planete Biere 2025 (Paris, France)
06 - 09: 15th International Trends in Brewing 'Beer & Society' 2025 (Leuven, Belgium)
10 - 12: KIBEX 2025 (Seoul, South Korea)
11 - 12: InnBrew 2025 (Barcelona, Spain)
15 - 17: Craft Beer China 2025 (Shanghai, China)
28 - 01 May: Craft Brewers Conference & BrewExpo America 2025 (Indianapolis, USA)
28 - 30: 27th Annual International Beer Strategies 2025 (Prague, the Czech Republic)
May 2025:
13 - 15: International Beer Strategies Conference 2025 (Prague, the Czech Republic)
16 - 18: Cerveza Mexico Expo 2025 (Expo Guadalajara, Jalisco, Mexico)
16 - 17: Copenhagen Beer Festival 2025 (Copenhagen, Denmark)
18 - 20: EBC Symposium 2025 (Budapest, Hungary)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)
June 2025:
10 - 11: IGC Grains Conference 2025 (116 Pall Mall, London, UK)
13 - 14: Tallinn Craft Beer Weekend 2025 (Tallinn, Estonia)
16 - 18: VLB Africa Brewing Conference 2025 (Maputo, Mosambique)
20 - 22: Mondial de la Biere 2025 (Montreal, Canada)
August 2025:
05 - 09: Great British Beer Festival 2025 (Birmingham, UK)
07 - 09: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2025 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
22 - 23: Beervana 2025 (Wellington, New Zealand)
September 2025:
15 - 19: Drinktec 2025 (Munich, Germany)
20 - 05 October: Oktoberfest 2025 (Munich, Germany)
27 - 29: Whisky Live Paris 2025 (Paris, France)
October 2025:
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
November 2025:
10 - 12: 15th Iberoamerican VLB Symposium Brewing & Filling Technology (Parana, Brasil)
December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)
News Articles
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USA: Bank of America reiterates Buy rating on AB InBev
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Bank of America reiterated its Buy rating on Anheuser-Busch InBev ahead of the earnings season, MSN reported on January 14.
The firm pointed to attractive low double-digit midterm EPS growth that is seen being supported by volume growth in emerging markets. The beer giant is also expected to benefit from margin expansion, which could lead to potentially accelerating cash returns going forward.
"This attractive midterm outlook has been overshadowed by recent volume softness in a few markets (China, Argentina, Mexico), which is well understood, in consensus numbers and should improve in 2025," previewed analyst Andrea Pistacci.
In terms of valuation, Anheuser-Busch InBev (BUD) was noted to be trading at a discount to staples peers. The share price decline of BUD due to investor concerns on potential legislation mandating warnings labels on alcoholic drinks was called overdone.
In the U.S., the company's Michelob Ultra label jumped to being the top-selling draft beer over a December tracking period.
Anheuser-Busch InBev has a consensus Buy rating from both Wall Street analysts and Seeking Alpha analysts.
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USA: Non-alcoholic beer continues to rise in popularity in the US
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A recent survey from the Beer Institute reveals that non-alcoholic beer continues to rise in popularity as Americans embrace Dry January and mindful drinking
...More info on site
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Canada: Both malting and feed barley prices down in Canada
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Barley prices for both malting and feed barley are down in Canada, in a very quiet market and as the pace of exports is
...More info on site
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USA, SC: Local Legend Brewing coming to Hilton Head this month
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The food scene in Hilton Head is always changing. With a wide variety of restaurants to explore, there is always something new to find.
This month, a new is a part of what’s happening in Hilton Head, The Island Packet reported on January 11.
Local Legend Brewery, a new brewery and restaurant, is opening soon in Hilton Head, 1014 William Hilton Parkway, Hilton Head.
The new brewery will be located in a former Grayco Hardware Store, after sitting vacant for almost six years.
Local Legend Brewing will occupy the right side of the building.
Local Legend is a full-scale brewery and restaurant with games and live music to come in the summer months.
Ryan Larson, SERG Restaurant Group marketing director shared that Local Legend is set to be open to the public on Feb. 18. You can follow Local Legend on Facebook to stay up to date with their progress.
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USA, FL: Juicy Brewing Co. planning second location in Florida
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Juicy Brewing Co., originally from Herndon, VA, is bringing its fruity and flavorful brews to Downtown St. Petersburg with a second location at 1745 1st Ave S, St. Petersburg, FL 33712, partner Jake Killian told Business Debut.
Currently under construction, the brewery is "opening soon," though no exact date is available yet.
Known for their signature hazy IPAs and Smoothie Sours, Juicy Brewing Co. stays true to its name with unique, fruit-forward takes on brewing. The St. Petersburg location is being developed by partners K Scarry, Jake Killian, Joshua Newlon, and Anton Sagan, who are thrilled to bring the concept to Florida.
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USA, WI: Molson Coors rejects Leinenkugels' bid to save Chippewa Falls brewery
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Molson Coors has seemingly rejected the Leinenkugel family’s attempt to enter a negotiation to bid on their beloved Chippewa Falls brewery in the wake of the news that this location would be closed by the multinational brewing company, WTMJ reported on January 15.
According to a statement obtained exclusively by WTMJ, Jake and Dick Leinenkugel attempted to enter negotiations to put a bid in on the Chippewa Falls brewery by submitting a request to enter a Non-Disclosure Agreement (NDA). Molson Coors CEO Gavin Hattersley rejected the NDA request on Jan. 6, telling the family he remains “fully committed to the Leinenkugel’s brand.”
The Leinenkugels told WTMJ they followed up on Jan. 8, offering to enter conversations without an NDA. They emphasized that their efforts are not based entirely on business interests but more so on preserving the sixth-generation brewery and its 157+ year history. As of Jan. 15, they say their requests to enter further negotiations have not been responded to.
“Despite this, we remain optimistic that Molson Coors’ leadership will reconsider our proposal and engage in meaningful discussions about safeguarding this important part of our heritage,” the Leinenkugels’ statement read. “The Chippewa Falls brewery is more than a facility—it is a symbol
...More info on site
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USA, NV: IMBIB Custom Brews to close both Reno and Sparks locations by end of February
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IMBIB Custom Brews has announced it will be closing its doors at both their Reno and Sparks locations by the end of February, citing an unsustainable business model. The brewery, known for its world-class, award-winning beers, has been a staple in the Nevada beer scene, My News4 reported on January 13.
"We did what we set out to do," the company said in a statement. "We made world-class, award-winning beer. We pushed the boundaries of beer, and we nailed some traditional styles."
IMBIB expressed gratitude for the community's support and highlighted its contributions to the local beer industry. "We helped put the Nevada beer scene on the map," the statement said. "We gave to as many organizations as we could and tried to say yes as often as possible."
As the brewery winds down operations, it is offering significant discounts on its remaining stock. Starting immediately, all bottles and to-go crowlers are 50% off. The brewery plans to offer deals on cases of cans next week.
IMBIB will host a farewell party on February 1, inviting patrons to join in celebrating the brewery's journey. "Please stop in and say goodbye and imbibe a few beers with us before we lock the doors for the
...More info on site
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USA, TX: Black Star Co-op Pub & Brewery closes after 14 years in business
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After 14 years, Austin’s Black Star Co-op Pub & Brewery has closed, Community Impact reported on January 13.
After regular service hours, the brewpub closed Jan. 12.
A statement from Black Star's board of directors on the business's website said Black Star closed in face of many "challenges."
"We understand this news will be disappointing, and we share in that disappointment," the statement said. "We want to thank each and every one of you for being part of this journey."
Black Star was the world's first community-owned brewpub and offered a rotating beer selection with over 55 unique recipes brewed seasonally.
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USA, MO: Freestyle Brewing Co. closes Eureka location
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Freestyle Brewing Co. (110 Hilltop Village Center) in Eureka has closed, St. Louis Magazine reported on January 13.
"After much consideration and with heavy hearts, we are announcing the closure of Freestyle Brew Co.," the brewery posted on Facebook on January 9. "The increasing costs of operation and current economic conditions have made it impossible for us to sustain the business despite our best efforts to adapt and overcome these challenges."
According to the St. Louis Business Journal, the landlord also filed an eviction lawsuit in December alleging more than $145,000 in unpaid rent.
In 2019, Wyoming-based Melvin Brewing opened a Eureka location with a goal of bringing the popular label's signature experimental brewing style to Missouri beer lovers. In 2022, however, Roadhouse Brewery Group acquired Melvin Brewing, and the owners of the Eureka outpost decided to rebrand, eventually becoming Freestyle Brewing. According to the brewery’s website, its vision was rooted in maintaining local ownership, breaking free from corporate directives, and embracing the freedom to push the boundaries of craft brewing.
Yet the craft beer industry is facing strong headwinds. For the first time since the late 1970s, more breweries closed than opened in 2024. Earthbound Beer also closed its doors in December 2024,
...More info on site
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USA, WI: Littleport Brewing Co. closes as it plans to sell building to pay off investors
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Racine's Littleport Brewing Co. has closed — it hopes temporarily — as it plans to sell its building to pay off its investors, Milwaukee Journal Sentinel reported on January 13.
Littleport Brewing Co. posted on Facebook it was closing Jan. 9 since "a couple of our original investors decided they wanted their investments back in their entirety, forcing us to put our building up for sale to resolve the matter."
The post went on to say that the brewery owners felt that Littleport was growing at a consistent pace, but that it was not quick enough to satisfy the investors.
The owners are looking for a new site and are hoping to reopen the brewery in some form later in 2025.
"Littleport Brewing Company will survive and be reincarnated with a more focused effort at a new site. Stay tuned for more news," the post said. "We haven't been sunk, we are just in dry dock."
The brewery opened in April 2021 at 214 Third St., Racine, and was the only brewery in downtown Racine.
Littleport owners Mark and Chris Flynn did not respond to a request for comment.
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 EU: Malt exports slip lower in December
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After showing some signs of improvement in November, EU-27 malt exports have slipped lower in December, RMI Analytics said in their early January report.
...More info on site
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World: Barley crop 2025 expected to increase by 3.8 mln tonnes versus 2024
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RMI Analytics have released their first look at barley crop’25.
The crop’24 production cycle draws to a close, with a only minor adjustment in
...More info on site
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Australia: Non-alcoholic sector expected to grow at compounded annual growth rate of 5% up until 2028
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Australia’s non-alcoholic sector is expected to grow at a compounded annual growth rate of 5% up until 2028, found IWSR's latest No- and Low-Alcohol
...More info on site
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EU & UK: Barley production to rebound slightly in 2025
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For crop’25, the expectation is for the EU27+UK barley production to rebound slightly to 57.9 mln tonnes, up 0.6 mln from crop’24, RMI Analytics
...More info on site
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Australia: Australian barley market very quiet as 2024 harvest wraps up
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With Australia’s barley harvest completed except for a few last small areas, the market is very quiet in terms of new business and prices
...More info on site
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The Netherlands: Dutch market seeing a boom in alcohol-free beer sales
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The Netherlands is seeing a boom in alcohol-free beer sales, with one in twelve beers sold in supermarkets now boasting 0.0% alcohol, Euro Weekly News reported on January 14.
As consumers increasingly opt for healthier lifestyles, this trend is reshaping the country’s beer market, according to data from Circana.
Leading the charge is Van de Streek Bier, a brewery based in Utrecht. Founded by brothers Ronald and Sander van de Streek, what began as a hobby in their kitchen over a decade ago has transformed into a thriving business. Today, their brewery produces around 900 litres of beer every hour, with more than 60% of it being alcohol-free.
Van de Streek even claims the title of creating the first Dutch alcohol-free IPA, a hoppy English-style beer. “Even though the sugar tax made non-alcoholic beers more expensive last year, sales have still increased,” Ronald explains.
The Dutch Brewers’ association reports a steady rise in alcohol-free beer sales, which accounted for 7% of the market in 2023, up from 5.8% in 2019. By 2030, they aim to see this figure hit 10%.
Meint Waterlanden from the association attributes the shift to two factors: improved taste and a growing focus on health. “The quality of alcohol-free beer has
...More info on site
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Ireland: Irish whiskey sees strong rebound in exports in 2024
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Irish whiskey exports achieved a significant milestone in 2024, reaching €1 billion (US$1.03bn) in value as part of a broader recovery in Ireland’s drinks
...More info on site
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Thailand: House of Representatives passes bill to promote liquor production by small entrepreneurs
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Thailand’s House of Representatives passed a bill to promote liquor production by small entrepreneurs, a move Prime Minister Paetongtarn Shinawatra said will help unshackle the monopoly in the nation’s alcoholic beverage industry and support the rural economy, The Edge Singapore reported on January 15.
The legislation will pave the way for individual entrepreneurs, cooperatives and farmer groups among others to secure license to produce and trade all types of liquor. The bill received a near unanimous house approval with 415 lawmakers out of 420 present voting in its favour. The legislation will now be forwarded to the senate for its consideration.
Opening of microbreweries and small distilleries may eat into the market share of Thai Beverage and Boon Rawd Brewery, which dominate Thailand’s beer and spirits industries. Paetongtarn hailed the parliamentary nod for the bill, saying it will open up opportunities for farmers to sell agricultural products and spices as raw materials to the new producers.
An easier licensing regime might also be a boon for restaurants and pubs in developing niche alcoholic beverages to cater to the millions of foreign tourists visiting the country annually. Previous attempts to lower entry barriers for small producers included the removal of minimum capital requirement
...More info on site
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New Zealand: Premium liquor still going down well with consumers in New Zealand
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Consumers are drinking less but many more are reaching for the top shelf when they do, says Spirits New Zealand.
Spirits NZ chief executive Robert Brewer says wine and beer consumption is down in New Zealand and nearing a freefall in some overseas markets, but local spirits distillers are still chugging along.
He said the industry was feeling the economic recession, but had been somewhat insulated from the overall drop in alcohol consumption.
"Although consumers are drinking less and less harmfully when they do spend, they tend to buy premium which is right in the spirits industry's sweet spot."
He said the popularity of gin and an emerging cocktail-culture meant spirit consumption was holding its own.
The mix of alcohol available for consumption changed between 2023 and 2009, with beer dropping by 41 percent from 36 percent; wine down by 29 percent from 33 percent; and spirits, including cocktails, up 35 percent from 26 percent.
Brewer said changing demand for premium spirits aligned with the growth in the industry.
"Twenty years ago you could have counted the truly commercial NZ distilleries on two hands," he said.
"Today there are almost 200 and although some will struggle given the current trading environment I get the sense that, in true
...More info on site
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India: Telangana rations Kingfisher beer as United Breweries suspends sales in state
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India's biggest beer-consuming state is rationing supplies of Kingfisher, one of the country's most popular brands, after Heineken-controlled United Breweries last week suspended its sales in a dispute over prices, Reuters reported on January 13.
States in India, the world's eighth-biggest alcohol market by volume, individually regulate pricing of alcohol products, which are major contributors to their tax revenue.
Alcohol is bought by the state government and then supplied to shops in Telangana, where officials are rationing supplies to deter hoarding and tackle shortages, three retailers said.
"Today we got a notification from our depot that there is no Kingfisher beer stock anymore," Madhusudhan Rao, a liquor store owner in Hyderabad city, told Reuters on January 13.
United Breweries, which brews the popular Kingfisher brand, last week cited delayed payments and a lack of government approval for higher prices since 2019/20, which had damaged its finances, for halting sales to Telangana.
The move is the latest sign of stress in India's $45 billion alcohol market, with companies including Diageo, Pernod Ricard, AB InBev and Carlsberg together demanding some $466 million in unpaid dues.
They are also battling regulatory challenges including antitrust investigations.
Telangana state said last week that United Breweries had suspended supplies as a "tactic"
...More info on site
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UK: Beer bottles could be phased out due to forthcoming ‘net zero’ tax
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Beer bottles could be phased out by many brewers due to a forthcoming 'net zero' tax, Daily Mail Online reported on January 14.
Newcastle Brown Ale's extra-large 'pint' bottle, Grolsch's famous porcelain top flask and a slice of lime in the neck of Mexican lager Corona may all become things of the past, say industry bodies.
It is feared the government's 'Extended Producer Responsibility' scheme will slap an additional cost of 5p per bottle on manufacturers, forcing some breweries to switch from glass to cans.
British Beer & Pub Association chief executive Emma McClarkin told pub trade newspaper The Morning Advertiser: 'The revised estimates for glass are an extremely worrying step in the wrong direction.
'Government must be clear-eyed that these proposed higher additional costs on brewers would land an extra £160million, or 5p per glass bottle, on the sector.
'This could force some brewers to leave the glass bottle market.
'Given the incredibly narrow margins UK brewers operate to, as they make an average of 2p per bottle of beer, this means they will be forced to pass on extra painful costs to the consumer if they want to carry on making their product.'
The new green levy on food and drink packaging, which comes into
...More info on site
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UK: Carlsberg’s takeover of Britvic approved by High Court judge
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Carlsberg’s £3.3 billion deal to buy J2O maker Britvic has been approved by a High Court judge, Yahoo Finance reported on January 15.
The Danish brewery, which also owns brands including 1664 and Brooklyn, plans to create a single integrated drinks business called Carlsberg Britvic following the takeover.
Britvic, based in Hemel Hempstead, Hertfordshire, employs around 4,500 people and also makes Robinsons squash and Tango.
The companies announced the agreement last July, saying it would create an “enlarged international group” that can expand into “multiple drinks sectors”.
Mr Justice Hildyard sanctioned the takeover at a short hearing on Wednesday, stating the scheme “could be and should be approved”.
Andrew Thornton KC, for Britvic, said in written submissions that the company was “the largest supplier of branded still soft drinks and the number two supplier of carbonated soft drinks in Great Britain”.
The hearing in London was told that the deal will see Britvic taken over by Carlsberg UK Holdings Limited, a wholly-owned subsidiary of Carlsberg A/S, which Mr Thornton described as “one of the world’s largest international brewing groups” with a market capitalisation of 118 billion Danish kroner (£13 billion).
The acquisition was approved by Britvic’s shareholders last August, with the Competition and Markets Authority, Britain’s competition
...More info on site
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UK: Heineken announces draught beer price hike by an average 2.97%
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A major brewer will hike the price of its draught beer by an average of 2.97% for the UK pubs from next month in a blow to drinkers, The Sun reported on January 13.
Heineken said the changes will come into force on all deliveries from February 1, 2025.
The price increase could affect the cost of beers on tap such as Birra Moretti, Heineken, Fosters and Tiger.
The hike in the wholesale cost of beer could be passed on to customers if pubs, already under-pressure, cannot absorb the additional costs themselves.
It could mean chains such as Stonegate and Whitbread are forced to push up their prices.
It is up to individual pubs and chains to decide if they will put up prices, and if so by how much.
Heineken will also increase the cost of its wholesale packaged products by an average of 2.5%.
This could include bottled beers such as Desperados and Amstel.
The brewery giant said it has made “considerable efforts” across the business to “deliver cost savings and drive efficiencies" in 2024.
This was an attempt to try to “reduce the impact of inflation” for its customers.
But Heineken said changes to Government legislation around packaging that are set to come into force this year
...More info on site
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India: Diageo’s United Spirits appoints new CEO
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Diageo-controlled liquor maker United Spirits Ltd on Monday (January 13) announced a leadership transition as part of its CEO succession plan. After serving as Managing Director and CEO for four successful years, Hina Nagarajan will step down effective March 31, 2025, to take on a new role within the Diageo Group.
The board has appointed Praveen Someshwar as Chief Executive Officer-Designate, effective March 1, 2025. He will work closely with Nagarajan to ensure a smooth transition. Someshwar will formally assume the roles of Managing Director and CEO from April 1, 2025, subject to regulatory and statutory approvals.
Nagarajan joined the Company as CEO – Designate in April 2021 and took over as MD and CEO effective July 1, 2021. Under her leadership, the Company has combined strong top-line growth and margin expansion with impactful strategic initiatives, reshaping and premiumising our portfolio and positioning the Company as an innovative leader in the AlcoBev industry.
For the last five years, Someshwar has been MD and CEO of HT Media Ltd. where he leads multiple digital, print and radio outlets including India’s second-largest newspaper, Hindustan Times, the leading financial news outlet Mint, and several radio outlets.
Before HT Media, he had a highly successful 24-year career with
...More info on site
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