Indian regulators oppose Pernod Ricard's liquor plea, firm says business 'hopelessly fettered'

Indian regulators are opposing Pernod Ricard's latest court attempt to regain its Delhi liquor license. The French company's license was rejected due to serious allegations of collusion with retailers to boost market share. Pernod denies wrongdoing, but the ban has impacted its business for three years. The Delhi government cites public interest and regulatory risk in its opposition.