So this is the announcement we have awaited for two years: Coca-Cola Amatil’s (CCA) return to the Australian beer industry with a line-up of aspirational international beer brands.

Is it their beers or the fact that they are family-owned? The South Australian-based Coopers, the nation’s largest locally owned brewer, has again bucked the trend that has seen beer drinkers abandon their pints for wine and alcopops for several years now, to post record beer sales of 697,000 hl in the 2012/2013 financial year, ending 30 June 2013.

The parallels between Lion, Australia’s major brewer, and the former Foster’s are becoming harder to ignore. As many will remember, it was Foster’s ill-fated decision to build up an international wine company that proved its eventual downfall. For years, Foster’s beer division provided the profits that went into the bottomless barrel which was its wine division. Following rising criticism from investors, Foster’s in 2011 spun off its wine business and offered itself up for sale to SABMiller.

Not all consumers are over-achievers. Quite a few are obviously a few coins short of a roll. Otherwise they would not have been buying bottled tap water marked as “organic”.

SABMiller will invest INR 4.4 billion ( Euro 62 million) in its unlisted Indian arm to expand capacity and its portfolio, and gain back market share in the country, which has slipped below 25 percent from a healthy 33 percent a few years ago. In a general meeting of the company, SABMiller India decided to allot 78 million shares to its UK-based parent @ INR 56 each, according to a filing by the company with the Indian Registrar of Companies.

Don’t the anti-alcohol watchdogs have anything more serious to worry about? As of July 2013, Hindmarsh Stadium, the 17,000-capacity home of the soccer club Adelaide United, will be known as Coopers Stadium for the next five years.

French vintners beware – a pomegranate wine from Israel could just be what the doctor recommends. Pomegranate wine is pleasing on the palate and good for the heart. What more can you ask from a drink? On a recent visit to Israel I discovered pomegranate wine, which could easily become my drink of choice because of the above reasons.

The Finance Ministry said it will seek ways to re-examine alcohol prices, following an outcry over its decision to raise alcohol taxes six months earlier and higher than planned.

A tax hike on alcohol of more than 340 percent - others say 700 percent - in a mere decade - what do you call that? Worrying, at least.

While economic figures and forecasts continue to paint a not so rosy scenario for Indian economy for a while, the country’s beer industry is looking for growth.