India'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...

After Donald Trump announced tariffs on Canada and Mexico, it is eminent to note that prices of alcohol and beer are likely to shot up. How...

Diageo estimates a $200 million impact on its operating profit if U.S. tariffs on Mexican and Canadian products are implemented in March. W...

That was a surprise for investors as the company, which counts Johnnie Walker whisky, Captain Morgan rum and Guinness among its stable of b...

Liquor manufacturing, distribution and retailing in India came to a complete standstill during the nationwide lockdown from March 25 to May...

The Johnnie Walker whisky maker said lockdowns imposed by governments across the world had significantly impacted its business.

The maker of Absolut vodka and Chivas Regal Scotch attributed the 1% sales growth in one of the world’s youngest nations to the November de...

As part of the agreement with Mallya last year, Diageo was to pay him the sum ($75mn at the time) over a five-year period in return for wal...

Mallya's dues include $135 million that Diageo had given to Standard Chartered as a guarantee for the liabilities of Watson Ltd affiliated ...

United Spirits’ (USL) decision to approach the Board for Industrial and Financial Restructuring (BIFR) is based on the sharp fall in its ne...

UB Group boss Vijay Mallya may have to quit the boards of India's largest alcoholic beverage companies, if declared a 'wilful defaulter'.

The world's largest liquor maker Diageo today reported double-digit growth in India in the third quarter ended March 31, amid a global slum...

Mallya said USL & Diageo have received all approvals for their Rs 11,166.5 cr deal under which the Indian spirits maker will sell 53.4% to ...

Officials are expected to deliberate on issues related to regulatory compliance, including additional costs, among others, they added.

The clarity over the deal with Diageo and an expected subsequent turnaround in the business catapulted the stock price of United Spirits.

Vijay 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...

Diageo PLC, the world's largest producer and distributor of alcoholic drinks, is expected to deliver near on-target profit growth when it p...