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DIAGEO INVESTMENT REVIEW
Why Pernod Ricard is facing heat in one of its most crucial liquor marketsFrench liquor giant Pernod Ricard faces significant hurdles in India, its largest global market by volume. The company is embroiled in a ma...- India Inc backs Modi’s appeal to cut gold buying and foreign travel amid West Asia tensionsIndian businesses are reviewing spending and work-from-home policies after Prime Minister Narendra Modi's call to save foreign exchange and...
- Who is David Blitzer? The American billionaire behind the consortium that bought IPL Champions RCBIPL 2026: David Blitzer was one of the prominent students of the University of Pennsylvania's Wharton School.
- Diageo, Pernod Ricard's Indian lobbying group ISWAI sues Maharashtra over tax hike and exclusion from lower-levy categoryDiageo and Pernod Ricard's Indian lobbying group has sued Maharashtra state over a sharp tax hike on affordable liquor brands and exclusion...
- Billionaires eye RCB as Diageo reviews investment: Nikhil Kamath, Ranjan Pai, Poonawalla are potential biddersOther big names that have indicated interest in acquiring RCB include a US-based PE firm, Adani Group, JSW Group led by the Jindal family, ...
- It’s official: RCB up for sale, new owner likely within six months. Check who could buy the Virat Kohli's IPL giantThe sale of IPL franchisee RCB has been confirmed as Diageo has initiated a strategic review to sell its stake in the Royal Challengers Ben...
- USL starts strategic review of Royal Challengers SportsUnited Spirits, India's largest liquor company, has initiated a strategic review of its investment in Royal Challengers Sports, which owns ...
- CBI names Diageo, Sequoia Capital in case alleging suspicious payments to politician's firmIndia's Central Bureau of Investigation accuses Diageo and Sequoia Capital of making suspicious payments to businesses connected to politic...
- USL extends strategic review by another three months"On 23 February 2021, we initiated a strategic review of selected popular brands. This strategic review is ongoing and is considering all o...
- Our mission is to be top performing consumer products firm in India: DiageoAt present the company is exploring various options, including "extension of the franchise model, selective acceleration of brands, maybe e...
- Diageo may let go of some USL brandsThe maker of Johnnie Walker whiskey, Smirnoff vodka and Captain Morgan rum has roped in investment bank Morgan Stanley to help streamline i...
- Goldman Sachs upgrades United Spirits to 'buy'The foreign investment bank said United Spirits can stem the market share loss to Pernod in the core India made foreign liquor (IMFL) categ...
- USL to initiate strategic review of mass-priced brands; could invest divest or franchise few brandsDiageo controlled USL has about 30 mass priced or popular brands and the review will focus on nearly half of the portfolio by volume. This ...
- United Spirits undertakes organisational reviewUSL is making changes to its organisational structure and the functioning, which will simplify business in pursuit of becoming the best per...
- United Spirits Q3 profit down 45% at Rs 41 croreLiquor major United Spirits Ltd today reported a decline of 45.20 per cent in its standalone net profit to Rs 40.95 crore for the third qua...
- United Spirits exits ready-to-drink market; pulls back Smirnoff IceUSL has stopped production of Smirnoff Ice, a premixed vodka drink, which it had launched in few markets starting with Karnataka and Goa.
- USL to move Sebi with PwC findings in Mallya case; UBL falls over 13%United Spirits will inform the Securities Exchange Board of India on Monday about the findings of a PwC probe into the firm's books.
- Diageo to conduct own probe; gives Vijay Mallya time to respondSources said as per the share purchase agreement between them, Diageo is supposed to vote along with Mallya over his chairmanship tenure.
- Acquisition is only first step to Diageo-USL integration, says Diageo chief executive, Ivan Menezes"Consumers use brands to convey status, to demonstrate progress among peers and society and to reward themselves. They aspire to brands tha...
- RIL may favour veg-only food retail bizReliance Industries may tomorrow decide whether its western-style food stores should sell non-vegetarian items, which has hurt the sensibil...
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