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CARLSBERG BUSINESS EXPANSION
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...- Varun Beverages shares decline 3%; firm announces record date for Rs 0.50 final dividendVarun Beverages shares dipped 3% amid market weakness due to the West Asia war. The company set April 8 as the record date for its Rs 0.50 ...
- Varun Beverages shares down 22% in one year, but Motilal Oswal sees 35% upside in Pepsi bottler. Here is whyVarun Beverages shares have declined over the past year, but analysts remain optimistic about long-term growth driven by expansion, product...
- From Berlin to Bengaluru: Europe’s beer giants bet big on IndiaEurope's beer market is stagnating, prompting brewers like Soufflet Malt to invest heavily in India, a booming market. With per capita cons...
- Varun Beverages shares in focus on expansion plans, strong Q3 earnings. Should you buy, sell or hold?Varun Beverages reported an 18.5% YoY rise in Q3 CY2025 profit to Rs 745 crore, supported by lower finance costs and higher other income, e...
- Varun Beverages inks distribution pact with Carlsberg for African marketsIn a strategic move, Varun Beverages, the bottling partner for PepsiCo India, has clinched an exclusive distribution agreement with Carlsbe...
- Varun Beverages joins hands with Carlsberg for African beer market, announces new refrigeration venture in IndiaVarun Beverages is making significant moves, partnering with Carlsberg for alcoholic beverage distribution in Africa and establishing a new...
- A name change takes the fizz out of Bira's earningsB9 Beverages, owner of Bira beer, faced a challenging FY24 with sales dropping by over 20% and losses increasing by 68% due to regulatory c...
- Consumer companies on recovery path; FY25 India business looks brightGlobal and Indian companies like Coca-Cola, Apple, and Reliance Retail anticipate a successful year ahead with strengthened demand post-Mar...
- Indian market is shining bright on several global CEOs' radarAmerican footwear company Skechers Inc chief financial officer John Vandemore said the total capital expenditure of $300-350 million for th...
- Beer, spirit companies break out the bubbly as sales hit 10-year highThe pandemic hit beer and spirit makers as bars, restaurants and pubs across the country operated with low footfalls and restricted travel ...
- One thing Covid and its variants failed to stop in India: Alcohol salesIndustry executives attributed the revival to strong at-home consumption, people opting for higher-priced brands, and increasing footfalls ...
- Indian environment, highly uncertain and volatile: Carlsberg CEO Cees't HartThe world's third-biggest brewer said its Indian business at off-trade or retail channel fell 40% in the quarter ended September. Also, man...
- Bira 91 owner B9 Beverages raises $20 million in bridge financing from Sequoia Capital, SofinaBira competes with the likes of global beverages giants Anheuser-Busch InBev, Carlsberg and United Breweries, among others. Additionally, t...
- 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.
- Under Michael Jensen, Carlsberg has more than doubled its business"You want to remind yourself constantly that what I know might not be what other people want. So listen to consumers,” said Jensen.
- 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...
- Bud brews a battle with Foster'sAnheuser-Busch (A-B), the world’s largest brewer by sales, is expected to price its iconic Budweiser beer on a par with Foster’s in the Ind...
- SABMiller eyes Mt Shivalik stake to share UB heightsSABMiller could trigger another M&A play in the Indian beer industry frothing up the duel with United Breweries (UB) for market leadership.
- InBev, Ravi Jaipuria JV on the rocksThe world’s largest brewer by volume, InBev, has dropped its proposed joint venture with Ravi Jaipuria’s Varun Beverages, sources said.
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