HC bins Pernod Ricard plea against denial of wholesale liquor licence

Pernod’s Delhi drought deepens as Indian court rejects liquor sales plea

Indian court rejected Pernod Ricard's Delhi sales plea, extending a three-year freeze on ~5% of India revenues. A $300M federal tax dispute and antitrust probe compound the block, making India — Pernod's largest market by volume — a material regulatory risk.