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BAGPIPE MAKER
Handmade bagpipes a dying art in ScotlandHighland bagpipes, a key part of Scottish culture, are seeing declining demand as machine-made versions replace handmade ones. Crafted by a...- United Spirits Ltd extends deadline for strategic review of selected popular liquor brands by 3 monthsUSL's popular portfolio comprises around 30 entry-level lower-priced brands, with an average consumer price less than Rs 400 for a 750 ml b...
- USL’s March quarter profit jumps six-fold to Rs 167 croreUSL said it would not be immune to the volatile environment amid the second wave, but would remain focused on building the long-term health...
- Diageo may let go of some USL brandsThe maker of Johnnie Walker whiskey, Smirnoff vodka and Captain Morgan rum has roped in investment bank Morgan Stanley to help streamline i...
- USL to initiate strategic review of mass-priced brands; could invest divest or franchise few brandsDiageo controlled USL has about 30 mass priced or popular brands and the review will focus on nearly half of the portfolio by volume. This ...
- Diageo writes down £1.3 billion on account of disruption caused by coronavirusImpairment charges are taken when the value of assets or goodwill is no longer fully recoverable or their ability to generate cash falls du...
- Pernod Ricard India revenue upThe maker of Absolut vodka and Chivas Regal scotch had gross sales of Rs 20,335 crore in the year-to-March 2019, latest filing sourced from...
- United Spirits aims to be a responsible marketer of alcohol; changes culture & adopts new strategiesThe initiative comes in the back drop of an ongoing boardroom battle whereby former promoter Vijay Mallya has refused to accept a Board dem...
- United Spirits to seek shareholders' nod to report to BIFRThe spirits maker had registered a string of losses for the last four years. The company is now controlled by world's largest spirits maker...
- Srei group company sells United Spirits' 22 lakh shares for Rs 597 croreIndia Global Competitive Fund, part of Kolkata-based Srei group, today offloaded nearly 22 lakh shares of United Spirits for a little over ...
- Lender invokes United Spirits' pledged sharesLiquor firm United Spirits Ltd today said that four lakh shares pledged by one of its promoters Kingfisher Finvest India has been invoked b...
- Diageo acquires United Spirits shares worth Rs 472 croreDiageo Plc picked up more than 19 lakh shares of the Vijay Mallya-led distiller United Spirits for over Rs 472 crore.
- Diageo may knock some of United Spirits' loss-making brands to improve its marginsDiageo's move to pull out underperforming mass brands comes at a time when the spirits market growth in the country has slowed to a decade ...
- Diageo may miss deadline to fully acquire 27.40% stake in USLDiageo sells various popular brands, including Smirnoff Vodka and Johnnie Walker whiskey.
- Damani Estate buys United Spirits shares worth Rs 7 croreDamani Estate & Finance today picked up 33,500 shares of United Spirits, the maker of McDowell's and Bagpiper whiskies, for over Rs 7 crore.
- United Spirits gains control of Sovereign DistilleriesVijay Mallya-led United Spirits has increased its stake in Sovereign Distilleries, giving it direct control over the Karnataka-based compan...
- Sale of premium whisky grew 19.5% in 2010The young demographic and expanding disposable income of the Indian consumer is driving the growth of spirits today.
- Alcohol consumption in India to grow by 8% this yearConsumption of alcoholic beverages in India is expected to touch 217.1 million cases in 2010, marking a growth of 8% from the previous year...
- USL’s now world’s No 2 spirit co, replaces PernodVijay mallya-led United Spirits, the number-one spirits company in India, has emerged as the world’s second-largest spirits firm in terms o...
- Deepak Roy picks up 5% in BDADeepak Roy, one-time blue-eyed boy of spirit baron Vijay Mallya, has picked up a 5% stake in Mallya’s arch-rival Kishore Chhabria-led compa...
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