India's scale offers Diageo huge growth opportunity: Diageo's Debra CrewDiageo Plc's global CEO Debra Crew highlights India as the company's top growth priority, driven by younger women increasingly consuming pr...
06 Sep, 2024, 05.30 AM IST
Alcobev firms seek FMCG pricing peg to raise rates"The external environment remained challenging during the quarter with unprecedented levels of input cost inflation and an ongoing scotch p...
31 Oct, 2022, 07.07 AM IST
Diageo halts some whiskey sales in India to push price hikesDiageo’s difficulties are emblematic of a market where a high potential for growth for alcohol makers is complicated by tradition and taboo...
27 Aug, 2022, 12.52 PM IST
Will natural boost for sin goods keep this stock in high spirits?United Spirits is a listed alcoholic beverage brand in India that is backed by Diageo's strong brand pedigree. Famous alcohol brands that f...
26 Jul, 2022, 01.00 PM IST
Diageo’s home delivery plans hit, exits HipBar at 98% lossWhile the move comes at a time when several Indian states are putting in place norms to allow home delivery of alcohol, Diageo which invest...
26 Jul, 2021, 07.07 AM IST
Diageo asks Centre for policy reforms in states for spirits industryStressing on the need for a 'stable and simplified policy regime', the spirits maker also said there is a need for a comprehensive regulato...
02 Jul, 2019, 02.24 PM IST
United Spirits acquires 26% in startup firm Hip Bar for Rs 27 croreHipBar allows consumers to select from a range of alcoholic beverages and make payment using the mobile wallet to have the product either d...
26 Jun, 2018, 08.38 AM IST
Indian battle with booze isn't stopping Johnnie Walker's makerBuoyed by prospects for growth, the British maker of Johnnie Walker and McDowell’s whiskeys has made India one of three focus areas for 201...
23 Feb, 2017, 02.43 PM IST
Diageo opens new business service centre in BengaluruDiageo's shared service centre in Bengaluru situated near the Nagavara, has already trebled its workforce to 300 with the expectation that ...
21 Feb, 2017, 04.43 PM IST
Global spirits giant Diageo appoints Kathryn Mikells as CFOGlobal spirits giant Diageo today said it has appointed Kathryn Mikells as Chief Financial Officer (CFO) based in London with effect from N...
06 Oct, 2015, 03.14 PM IST
USL constitutes 40 per cent of British drinks giant Diageo’s sales volumeUSL raised Diageo’s production by 90 million cases and revenue by £921 million, accounting for 9 per cent of the liquor company’s net sales.
04 Aug, 2015, 02.15 AM IST
Diageo's former MD Abanti Sankaranarayanan heading new verticals at USL in renewed growth push"The top end of the market is where Diageo has always played strong, and we want to put our arms around with unique capabilities of luxury ...
01 Jun, 2015, 04.24 AM IST
Diageo open offer to buy 25% stake in United Spirits attractive: AnalystsDiageo's open offer to buy another 25% in USL at Rs 3,030 per share has left a large number of investors holding the shares of the alcohol ...
19 Apr, 2014, 01.12 PM IST
Diageo offers $1.9 bn for majority control of United SpiritsDiageo offers $1.9 bn for majority control of United SpiritsUSL surged to a record Rs 2,940.55 in opening trade on Tuesday, the highest sin...
16 Apr, 2014, 04.00 AM IST
Operating woes to weigh on USL financials in near termThe stock of United Spirits have gained over 30% in the past three months following expectations of strong synergies after the deal with UK...
21 Jun, 2013, 12.58 PM IST
United Spirits: Volume growth under pressureThe stock has gained over 30% in the past three months due to expectations of strong synergies after its deal with the UK-based Diageo.
20 Jun, 2013, 05.14 AM IST
- Diageo to sign distribution pact with Shoprite
Drinks giant Diageo is betting big on Indian retail sector. It is entering into a distribution deal with South African retailer Shoprite, w...
03 Aug, 2007, 02.19 AM IST