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CARLSBERG INDIA GOVERNANCE
Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...- 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...
- No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
- 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...
- European alcoholic drinks companies seek India tariff relief as shortages of cans, bottles loomIndian liquor firms are grappling with rising costs for glass bottles and cans. Supply chain disruptions, linked to the Iran war, are causi...
- Carlsberg to buy out residual stakes in India, Nepal unitsAfter the transaction, the Indian entity - Carlsberg South Asia (CSAPL) - will become a wholly-owned subsidiary of Carlsberg. Carlsberg's s...
- India inspects Carlsberg accounts for alleged impropriety, board could be summonedPricewaterhouseCoopers LLP -- which quit as auditor of Carlsberg India in November after a boardroom dispute at the brewery spilled into it...
- Carlsberg India probes find ‘potential improper payments’, child labour: DocumentsThe findings cast a fresh shadow on operations and compliance practices at the Indian joint venture of Danish brewer Carlsberg A/S, which a...
- 'Avoid getting caught': Report details how Carlsberg, SABMiller and UB fixed beer prices in IndiaThe brewers coordinated to "manipulate the government machinery" and "were well aware that their collective approach through the associatio...
- PwC affiliate quits as Carlsberg India auditor, avoids opinion for 2nd yearDenmark's Carlsberg A/S has been locked in a commercial dispute with its joint venture partner in India, Nepal-based Khetan Group, amid an ...
- Carlsberg probing India operations for 'fraud'Carlsberg has launched an internal audit of all processes, and has reopened previously closed investigations.
- Carlsberg's India business grows 19% by volumeCarlsberg said profitability improved considerably due to the volume growth, positive price mix and supply chain efficiencies.
- Carlsberg's Indian business grew 30% in Q1The brewer has about 18% market share in India, backed by Carlsberg Elephant and Tuborg, in a market skewed towards strong beer.
- Carlsberg ties up with 2 more manufacturers to expand in IndiaLilasons Industries has made significant investments in equipment, automation and processes to upgrade its brewery operations in Maharashtr...
- Carlsberg signs manufacturing agreements to strengthen operations in Maharashtra and JharkhandCarlsberg India Managing Director Michael N Jensen said the company has seen significant growth from both the states over the last few year...
- Tuborg Strong, Elephant bring fizz to Carlsberg’s India salesCarlsberg’s top seller is milder version of eponymous lager, the company’s Indian unit has been focusing on brands such as Tuborg Strong an...
- Carlsberg to look for more acquisitions in IndiaCarlsberg has already acquired Himneel Brewery in Himachal Pradesh and is in the process of buying Parag Brewery in Kolkata.
- Carlsberg mulls Indian football for investmentThe growing interest in football in India after the national team's triumph in the Nehru Cup seems to have attracted the attention of the f...
- Carlsberg to buy 60% in Parag for Rs 32 croreCarlsberg is making rapid moves in India. The Copenhagen-based brewer is set to acquire 60% stake in Parag Breweries located near Kolkata.
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