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DIAGEO PRICE REDUCTION
Alcohol segment resilient unlike other FMCG categories which are more price sensitive: Diageo India MDDespite significant excise duty hikes in Maharashtra, alcohol demand in India remains robust, with consumer spending showing double-digit g...
Whisky deals: India's drinking habit shapes trade talksIndia's burgeoning alcoholic beverage market, driven by a growing premium segment, is attracting global attention and trade deals. The Indi...
Indian whiskies dominate global charts, claim over half of world's top 20 brandsIndian whisky brands dominate global consumption, holding top spots and showing rapid growth, even amidst market fluctuations. With a large...
India-UK FTA will make Scotch whiskies more competitively priced: Pernod Ricard IndiaPernod Ricard India announced it will pass on the benefits of reduced import duties on premium Scotch whiskies to consumers following the I...
UK-India FTA will lead to a high single-digit reduction in prices, volume growth: DiageoUnited Spirits Ltd anticipates a "high single digit" reduction in consumer prices for imported liquor in India following the India-UK FTA, ...
Diageo to cut liquor prices in India as UK trade deal slashes Scotch dutiesDiageo plans to reduce liquor prices in India by a high single-digit percentage following the India-UK FTA, anticipating full implementatio...
Indian Spirits cos stirred up to fight a premium battle as British scotch whiskies expected to flood India at reduced pricesA new India-UK FTA deal is set to halve import tariffs on whisky and gin, potentially flooding the Indian market with cheaper premium scotc...
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...
United Spirits net up 277% due to higher exceptional gains; Sales increase 9%India’s largest liquor firm, which is now controlled by Diageo Plc, reported 9% year on year increase in its total income for the quarter a...
USL defends appointment of PwC as auditorsThe advisory firm had questioned the proposal of USL to appoint PwC as its auditors.
United Spirits hits record high; up 18% in 4 daysSince Diageo failed to attract enough investors, hopes for new attempts at buying shares are keeping the stock afloat, analysts say.
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.
United Spirits shares top Rs 1800 on Diageo deal, brokerages upgradeUnited Spirits surged over 37 pc in trade after Diageo said that it will acquire 53.4 pc stake in the company for Rs 11,166.5 cr.
Brokers’ call on USL, Maruti Suzuki, DiscomsCLSA is optimistic about a potential deal between Diageo and United Spirits, with their scenario analysis suggesting a fair value of Rs 1,2...
- Diageo to cut liquor prices in Maharashtra by up to 25 pc
World's largest spirits maker Diageo today slashed prices of its products by up to 25 per cent in Maharashtra following the state governmen...
- Diwali delight: Liquor prices go southward
Tipplers will remain in high spirits this Diwali with major liquor manufacturers and importers cutting prices and introducing new brands in...
- Diageo, Pernod cut Scotch prices 30%
Global drinks giants Diageo and Groupe Pernod Ricard have dropped prices of their front-line Scotch whiskies by 10-30% ahead of the festiva...
- Diageo introduces domestic wine, reduces prices
With a view to strengthen its share in the Indian liquor market, world's largest spirits maker Diageo would launch its first domestically-p...
- Diageo, Pernod cut Scotch prices 30%
Global drinks giants Diageo and Groupe Pernod Ricard have dropped prices of their front-line Scotch whiskies by 10-30% ahead of the festiva...
- Diageo's scotch pricing fails to cheer local cos
India’s negotiations with EU on lowering tariff barriers for providing better market access to imported spirits is set to flare up with glo...