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DIAGEO SCRUTINY
FSSAI inspects Pernod Ricard plant, collects whisky samples in wider industry probePernod Ricard's Bengaluru plant was inspected by India's food safety regulator, with officials collecting liquor samples and seeking docume...- Diageo agrees to reformulate India whisky, rum drinks after flavouring breach, sources sayDiageo has agreed to reformulate some of its best-selling whisky and rum brands in India after the food safety regulator banned them in som...
- FSSAI crackdown sends food, beverage firms back to drawing boardAmid heightened regulatory scrutiny, Indian food and beverage companies are taking steps to update product labels and advertising claims. R...
- India warned Diageo that its whisky's 'matured in American oak casks' claim was misleadingIndia's food safety regulator has warned Diageo about misleading whisky maturation claims. The FSSAI stated that most of the product was no...
- India bans sale of some Diageo, Inbrew whiskies and rum over flavouringIndia's food safety regulator has banned popular whiskies and rums from Diageo and Inbrew. These beverages were found to use artificial fla...
- 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...
- 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...
- United Spirits shares gain 3% on reports of potential RCB stake sale by parent DiageoUnited Spirits shares: According to the report, Diageo is considering several options regarding its stake in the prominent cricket franchis...
- Diageo, Pernod Ricard and Carlsberg demand $466 million from Telangana in payments row, sources sayGlobal alcohol companies, including Heineken's United Breweries, Diageo, and Pernod Ricard, are demanding $466 million in unpaid dues from ...
- Vijay Mallya to step down from United Breweries board, name successorIt could be a challenge for Mallya to pick a successor, even though he has a number of loyal executive, since the person could come under s...
- New USL Board uncovered irregularities: MK SharmaWe are a seasoned and diverse board, and we have spent many hours on every issue, using our combined intellect and experience, and engaging...
- Diageo to 'review' Debt Recovery Tribunal order, says $40 million paid to Vijay MallyaMallya has come under intense scrutiny in recent weeks after a sweetheart deal he inked with Diageo, under which he is getting Rs 515 cr to...
- SFIO report on Kingfisher Airlines at least 6 months awaySFIO is expected to take at least six months to complete its investigation into alleged fund diversions by the now defunct Kingfisher Airli...
- United Spirits may have to restate financial accounts; Investor groups slam Diageo roleAccounting watchdog ICAI had already written to Sebi seeking details to ascertain whether there have been violations committed by erstwhile...
- 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...
- Diageo likely to announce plans to hike USL stake on TuesdayAlthough the exact route for the exercise is still not clear, most expect Diageo to announce an open offer to buy an additional 26% in the ...
- Indian-origin Ivan Menezes to take charge as Diageo CEO from Paul WalshDiageo Plc chief executive officer Paul Walsh will step down after almost 13 years shaping the company into the world’s largest distiller a...
- Whyte & Mackay may be put on block to smoothen Diageo dealAnalysts say that several industry players such as Italy's Gruppo Campari, Bacardi and Japanese firm Suntory would want to gulp up Whyte & ...
- Top-level exits shake up DiageoDiageo Asia-Pacific head John Pollaers along with new MD Roland Abella addressed employees on Thursday.
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