Johnnie Walker maker Diageo's new CEO cuts annual forecasts and dividend as he strives for a big resetDiageo's new chief Dave Lewis has lowered the company's annual forecast and dividend. This move sent its shares down, highlighting the sign...
25 Feb, 2026, 03.02 PM IST
Diageo CEO plans to overhaul executive team, FT reportsDiageo's new chief executive Dave Lewis is planning a significant overhaul of his top team. The company's 14-person executive committee is ...
20 Feb, 2026, 01.40 PM IST
Diageo brings in former Tesco chief Dave Lewis to revive growthDiageo hace announced the appointment of Dave Lewis, the ex-Tesco chief, to lead the company as CEO, effective January 1, 2026. This decisi...
10 Nov, 2025, 02.48 PM IST
Diageo considers external candidates for CEO role, including outgoing GSK boss: ReportsDiageo is reportedly considering external candidates, including former GSK CEO Emma Walmsley, for its chief executive position. This comes ...
08 Nov, 2025, 12.25 PM IST
European shares rise amid earnings flurryEuropean shares rose on Tuesday, with a slate of earnings and data on watch while investor sentiment improved on hopes of the Federal Reser...
05 Aug, 2025, 01.05 PM IST
Who is Nik Jhangiani, the new interim CEO of Diageo? All you need to know about the Indian-origin industry veteranNik Jhangiani, a finance veteran with extensive experience in the beverage industry, has been appointed interim CEO of Diageo following Deb...
17 Jul, 2025, 09.28 AM IST
Diageo CEO Debra Crew steps down as company pursues turnaround, cost cutsDiageo said Crew was leaving immediately by mutual agreement. It did not give further details but said it was maintaining its forecasts for...
16 Jul, 2025, 07.07 PM IST
From spirits to simplification: Diageo India to slim down Mallya-era overseas subsidiaries for a better highDiageo first bought a stake in USL in 2012, taking its holding to a majority by the following year. Mallya stepped down from USL in 2016 an...
02 Jul, 2024, 06.39 AM IST
USL management rejig, board changes to fix legacy issues: MK SharmaUnited Spirits is currently restructuring its organisation to align resources to achieve the performance target of becoming the best perfor...
22 Sep, 2016, 08.07 AM IST
United Spirits to soon appoint investment bankers for Whyte & Mackay saleDiageo had said in a statement that the offer covers Whyte & Mackay’s Invergordon, Jura and Fetteracaim distilleries in Scotland.
05 Dec, 2013, 04.29 AM IST
Brokerages' views on United Spirits after Diageo offers to sell W&M bizMorgan Stanley is of the view that the stake sale will be positive for USL as it will boost the company’s earnings.
26 Nov, 2013, 04.00 PM IST
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.
20 Nov, 2013, 04.00 AM IST
Verdict on USL-Diageo deal on or before Nov 25: UK’s OFTThe verdict from the OFT is quite important as it will decide the further course of action relating to sale and future of USL’s fully-owned...
19 Nov, 2013, 03.20 PM IST
- United Breweries hits 52-week high on Muhurat Trading
United Breweries Ltd surged over 13 per cent in 'Muhurat Trading' day on Tuesday to hit its 52-week high of Rs 896.80.
13 Nov, 2012, 05.26 PM IST
United Spirits rally puts question mark on Diageo open offerAleading Kolkata-based stock broker, whose name surfaced during the Harshad Mehta scam, is believed to have made a killing on the counter.
13 Nov, 2012, 05.00 AM IST
Vijay Mallya to take call on Diageo deal soon, a move to pay off United Spirits' creditorsVijay Mallya is expected to take a call within the next few weeks on a proposed deal with Diageo that would help him raise cash and pay off...
03 Sep, 2012, 10.02 AM IST
- Diageo cuts 900 jobs, closes distillery
Diageo PLC, the world's biggest spirits maker, said on Thursday it is cutting 900 jobs as it shutters a distillery and packaging plant as p...
01 Jul, 2009, 04.05 PM IST