Why scribes are raising a toast at the Press Club

October 13, 2011 11:19

This should raise a cheer among journalists. The Hoot, which is a media watch website says, when prices of everything are going up everywhere, the Press Club, Mumbai has slashed liquor by 10 to 16 per cent following members' "justified" complaints of high prices.

It hopes this will raise consumption and add to the bottomline. Half the revenue is from liquor consumed by members and guests. Relative to Maharashtra, liquor costs half as much in Delhi and a third in Goa.

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