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B9 BEVERAGES
Bira 91 revival plan: Anicut-led board offers to buy out key investorsB9 Beverages, the maker of Bira 91, is attempting to recapitalize amid financial struggles. The company seeks to acquire stakes from major ...- RBI should hike rate by 25 bps in October to counter external shocks: ReportAn SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike n...
- Low inventories, El Nino to keep sugar market tight through FY27: DAM CapitalThe Indian sugar sector is likely to remain in a tight-supply situation through FY27 and possibly beyond, with low inventories, weather ris...
- Temasek, ChrysCap brew up plans for Blue Tokai stake, put Rs 1000-1200 crore on the tableThe deal will value Blue Tokai chain at up to Rs 3,700 crore. This will be the largest round for the roasters so far, and will involve a co...
- Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 croreHindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven cro...
- For medium- to long-term investors seeking sustainable growth: 5 large- and mid-caps with upside potential of up to 28%When a market starts to recover, as it is these days, the temptation is to chase whatever is running the fastest (essentially momentum). Bu...
- Product before brand, a cautionary swigB9 Beverages' rise and fall underscores how strong branding cannot compensate for weak business fundamentals. Once celebrated for its Bira ...
- Arboreal Bioinnovations raises Rs 230 crore led by Edelweiss’s EAAA, OmnivoreSpecialty food ingredient startup Arboreal Bioinnovations has raised Rs 230 crore in a Series A funding round. This capital will fuel manuf...
- Instamart’s new CEO; parliamentary panel summons social media cosSwiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and more in today’s ETtech Top 5.
- Anicut Capital takes over Bira founder Ankur Jain's stake, to lead restructuringAnicut Capital has taken over B9 Beverages founder Ankur Jain's shares. The venture debt provider will now lead the troubled company's rest...
- Retail space leasing in Delhi-NCR up 78 pc in Jan-Jun driven by fashion, F&B segments: C&WRetail leasing in Delhi-NCR surged seventy-eight percent to 1.3 million sq ft. Fashion retailers led this expansion, followed by food and b...
- B9 board, investors set out to find buyers for founder Ankur Jain's stakeBira 91 is currently exploring options for selling founder Ankur Jain's stake, with its board and investors actively pursuing potential buy...
- From craft beer darling to founder's exit: Bira 91's journey ahead of a revival bidBira 91 founder Ankur Jain has exited the company after a settlement. This agreement allows for the company's recapitalization and operatio...
- Bira 91 beer founder Ankur Jain quits board, gives up control in settlementBira 91 founder Ankur Jain has stepped down from the company's board. He is giving up all executive powers and ownership to settle disputes...
- Bira 91’s Ankur Jain steps down; Data centre safety under reviewHappy Wednesday! Bira 91 maker B9 Beverages founder Ankur Jain has stepped down from the board. This and more in today’s ETtech Morning Dis...
- ITC enters cola wars with B Natural Coconut Cola, bets on healthier fizzITC Ltd has launched B Natural Coconut Cola, entering India's competitive beverage market. This new drink combines cola taste with coconut ...
- In fresh trouble, B9 Beverages gets legal notice from HNGILCraft beer maker Bira 91 faces a new legal challenge. Hindusthan National Glass & Industries has issued a notice alleging over ₹8 crore in ...
- Exclusive: Bira maker B9 Beverages delays interest payouts amid liquidity issuesAnkur Jain, founder of B9 Beverages, eyes Rs 800 crore fundraise, in a mix of equity and debt, to boost financial position. Early investors...
- Japanese Co Kirin to invest $25m more in B9 beveragesThe transaction, made through purchase of fresh shares, will boost Kirin's holding in B9 Beverages beyond the current nearly 20%, the execu...
- Sequoia-backed B9 beverages raises $50 million from SofinaSofina’s investment in Bira is the latest by the Belgian investment firm which has backed a number of leading Indian consumer and consumer ...
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