Thiruvananthapuram: In a significant relaxation of liquor rules, the Kerala government will now allow top-class hotels to serve alcohol on the first day of every month for approved events such as international conferences, corporate meetings, social functions, and wedding receptions. 

This exemption applies to hotels rated three stars and above, as well as heritage, grand, classic and boutique hotels. The tourism department defines boutique hotels as small, upscale establishments that showcase local history and cultural themes.

To serve alcohol on the first day of the month, eligible hotels must obtain a one-day permit by applying to the Excise Commissioner. Applications must include details of the event and should be submitted at least seven days before the event. The special licence carries a fee of Rs 50,000.

The revised rules follow an earlier amendment to the state’s liquor policy, which had previously designated the first day of every English month as a dry day. That restriction has now been lifted specifically for the tourism and hospitality sectors. The new provisions have been notified by the liquor policy approved by the state cabinet on 9 April.

Officials clarified that this relaxation applies only to the first day of the month and only for permitted event-based exemptions. No special licences will be issued for other dry days declared by the government, even if they fall on the first.

The decision comes amid longstanding complaints from the tourism industry, which argued that monthly dry days were hurting Kerala’s competitiveness as a destination for international events, MICE (Meetings, Incentives, Conferences, Exhibitions) tourism, and high-end weddings.

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April 16: The Tata Motors Group has reported global wholesales, including Jaguar Land Rover, of 1,39,655 units in March 2012, higher by 26 percent over March 2011. Cumulative sales for the fiscal are 1,252,173, higher by 16 percent compared to the corresponding period in 2010-11.

Global sales of all commercial vehicles – Tata, Tata Daewoo and the Tata Hispano Carrocera range – were 63,791 units in March 2012, a growth of 12 percent. Cumulative sales for the fiscal are 599,927 units, an increase of 17 percent.

Global sales of all passenger vehicles were 75,864 units in March 2012, higher by 41 percent. Cumulative sales for the fiscal are 652,246 units, up 14 percent.

Global sales of Tata passenger vehicles and the distribution offtake in India of Fiat cars were 39,393 units for the month, higher by 32 percent over March 2011. Cumulative sales for the fiscal are 337,813 units, higher by 3 percent over March 2011.

Global sales of Jaguar Land Rover in March 2012 comprised 36,471 vehicles, higher by 51 percent over March 2011. Jaguar sales for the month were 5,343 units, higher by 42 percent, while Land Rover sales were 31,128 units, up 53 percent. Cumulative sales of Jaguar Land Rover for the fiscal were 314,433 units, higher by 29 percent. Cumulative sales of Jaguar were 54,039 units, higher by 2 percent, while cumulative sales of Land Rover were 260,394 units, higher by 37 percent.

Global retail sales in March 2012 were the highest monthly total ever for Jaguar Land Rover together and also the Land Rover brand individually.

ITC Hotels (NSE:ITCHOTELS) First Quarter 2026 Results

Key Financial Results

• Net income: ₹1.33b (up by ₹1.32b from 1Q 2025).
• EPS: ₹0.64 (up from ₹0.017 in 1Q 2025).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

ITC Hotels Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 28%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.

Performance of the Indian Hospitality industry.

The company’s shares are up 9.6% from a week ago.

Balance Sheet Analysis

While it’s very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We’ve done some analysis and you can see our take on ITC Hotels’ balance sheet.

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