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Carlsberg bolsters India leadership ahead of planned IPO, appoints four new board membersCarlsberg India IPO: Carlsberg India is preparing for stock market debut. The company has added four directors to its board and converted t...
United Spirits Q4 Results: Profit jumps 27% on demand for premium liquorKarnataka, one of India's highest-tax alcohol markets, said in March it will scrap government price controls and shift to strength-based e...
Global consumer companies stay bullish on IndiaGlobal consumer firms are seeing strong demand in India. Companies like Mondelez, Coca-Cola, Pernod Ricard, Reckitt Benckiser, and Carlsber...
Diet coke runs dry in Indian cities as Iran war triggers aluminium can shortageDiet Coke is disappearing from shelves across major Indian cities. A global shortage of aluminium beverage cans, exacerbated by the Iran wa...
Brewers in India warn of shortages as Iran war hits glass bottle, can makersGlobal brewers in India face potential price hikes and supply disruptions due to a gas shortage impacting glass bottle production. Shipping...
Carlsberg shares rise as profit beats forecasts; co mulls Indian IPOCarlsberg reported a 5% rise in full-year operating profit, exceeding forecasts, and is considering an initial public offering for its Indi...
Carlsberg keeps IPO plans bottled, but leaves glass on tableCarlsberg's global CEO acknowledged exploring value creation opportunities in India, fueling speculation of a potential IPO for its Indian ...
Russia approves $320 mln sale of Carlsberg assets to local businessmen, document showsRussia's government approved the sale of Carlsberg's Russian assets to VG Invest for 34 billion roubles. Carlsberg's Baltika Breweries was ...
Carlsberg to acquire remaining 33% stake in Carlsberg South Asia from partner in USD 744-million dealCarlsberg is acquiring the remaining 33.33 per cent stake in Carlsberg South Asia Pte. Ltd. (CSAPL) from its partner for USD 744 million, g...
UBL, AB-InBev, Carlsberg jointly form Brewers' Association of IndiaThe Brewers' Association of India (BAI) was officially launched by the country's leading beer manufacturers, United Breweries (UBL), AB-InB...
Russia's Baltika sues Carlsberg arms for over $900 million in damagesMoscow took control of Carlsberg's stake in Baltika in July 2023 and placed it under "temporary management", prompting Carlsberg Group CEO ...
Carlsberg CEO announces surprise retirementThe 65-year-old Dutchman, who has led the Danish beermaker for the last eight years, "has decided to retire" the company said in a statemen...
Carlsberg’s volume growth slows down amid election heatCarlsberg has about 18% share in India, backed by Elephant and Tuborg, in a market skewed toward strong beer.
Carlsberg's Asia business takes a big hit in Q1 due to India's highway liquor banThis is the first instance of a global liquor firm commenting on the impact of the SC order that forced nearly a third of all outlets to sh...
Carlsberg plans to set up new brewery as sales rise 20 per centCompany plans to set up a brewery to support sales and compensate for shutting down an operational plant in Bihar after the state introduce...
Carlsberg turns profitable in India, now the country's second largest beer companyIn less than a decade of its entry, Danish brewer Carlsberg has turned profitable in the Indian beer market during October-December quarter.
- India to be one of beer's biggest markets: Carlsberg CEO
Rasmussen, who returned to his hometown Copenhagen in 2006 to Carlsberg after living in London for 14 years, talks about Carlsberg, beer, I...
- S&N's 37.5% stake in UB goes to Dutch brewer Heineken
The arrival of Heineken could help Mr Mallya take on global competition, positioning Heineken brand at the top-end of the market. Invest in...
- Maersk appoints Carlsberg's Nils Andersen as new chief
AP Moeller-Maersk, the world’s largest shipping company, replaced its chief executive officer with Carlsberg’s Nils Smedegaard Andersen aft...
- Carlsberg team taking shape, Raman is CEO
Beer giant Carlsberg’s top brass in India is taking shape with the induction of former ITC and Heinz honcho Dasrath Raman as CEO.