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DIAGEO UNITED SPIRITS
Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 croreCupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. T...- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- IPL may become the GOAT of sports world; League sees sharp rise in valuations on record media rights deals, deep-pocketed sponsorsIPL franchise values are soaring, projected to hit $15 billion by 2032. This growth rivals top European football clubs. Record media rights...
- Diageo India bets big on premium demandDemand for premium alcohol in India remains robust despite global challenges, says Diageo India's managing director Praveen Someshwar. Howe...
- 'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...
- 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...
- India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy daysIndia's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery w...
- UK's FTSE 100 slips as losses in energy stocks and AstraZeneca weighLondon’s FTSE 100 edged lower as losses in energy majors and AstraZeneca weighed on the index amid thin holiday trading. Weak crude prices ...
- Diageo India sees double-digit growth from scotches; steps up premiumisationThe company is working on a premiumisation strategy and reshaping its portfolio with renovations and innovations of brands such as Signatur...
- USL posts net profit of Rs 19.92 crore; Sales increased 11%The maker of McDowell's No 1 and Royal Challenge whisky saw its volume sales increase 0.4% at 27.3 million cases in the April-June period.
- SC's stand on Diageo-United Spirits deal a positive sign for other mergers: Altamount Capital"My stand on United Spirits continues to be extremely positive given that Diageo will be able to pull it off," Diwan said.
- United Spirits, United Breweries gain on Supreme Court breatherShares of United Spirits and United Breweries gained momentum in trade after the Supreme Court ordered a status quo on Diageo-United Spirit...
- UK regulator Office of Fair Trading finds Diageo-United Spirits deal anti-competitiveOFT said Diageo's acquisition of United Spirits is against competition and may lead to higher whisky prices in the UK.
- Decision on Diageo- United Spirits deal expected soon from British Fair Trade officeThe verdict will be critical as it would decide the fate of the Whyte & Mackay brand, which Mallya had purchased in 2007 for $1 billion.
- United Spirits to be Diageo's sales agent in IndiaDiageo Plc will use United Spirits as the entity to sell all its brands in India as part of plans to consolidate its business in the countr...
- Diageo-United Spirits deal clearance 'work in progress': CCICCI is believed to have expressed reservations over the proposed Rs 11,166 cr purchase of a majority stake in UB group's United Spirits Ltd...
- Diageo-United Spirits deal independent of Kingfisher Airlines issue: Vijay MallyaThe world's largest spirits maker Diageo announced it will acquire 53.4 pc stake in United Spirits for Rs 11,166.5 cr in a multi-structured...
- United Spirits ends 7% higher on rising hopes for Diageo dealVijay Mallya may retain around 15 per cent stake in the company post deal, say the sources close to the development.
- Heard on the street: USL sinks on buzz that stake-sale talks with Diageo failShares of USL plunged on rumours that the reported stake-sale negotiations between USL and Diageo concluded without any results.
- Will be world's No 1 spirits maker this fiscal: USLVijay Mallya-promoted United Spirits Ltd (USL) has told its investors that at its current growth rate of 12 percent annually, it will becom...
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