'Indage Vintners under threat of bankruptcy
The company, formerly known as Champagne Indage, has total debts of about INR4bn (£59m), according to the court, and assets of only INR2.76bn.'
26th March: Please note that I confused the ownership of Bouvet-Ladubay yesterday. Bouvet is owned by United Breweries not by Indage Vintners, so therefore is certainly not affected by the problems of Indage. My apologies for the confusion.