India's Inbrew, Tilaknagar eye $500 million each in private debt to acquire Imperial Blue, sources sayInbrew Beverages and Tilaknagar Industries are vying for Pernod Ricard's Imperial Blue, seeking around $500 million each from private credi...
Bira beer maker restructures leadership amid liquidity woes and revenue declineB9 Beverages, grappling with liquidity challenges and repayment concerns, has reshuffled its leadership team. Vikram Qanungo returns as CFO...
A home-grown liquor giant is making a bold pivotTilaknagar Industries, known for its Mansion House brandy, is reportedly eyeing Pernod Ricard's Imperial Blue whisky brand. This potential ...
Brandy boss Tilaknagar eyes Imperial Blue in $600 million whisky chaseTilaknagar Industries, known for Mansion House brandy, is leading the acquisition race for Pernod Ricard's Imperial Blue whisky, potentiall...
United Spirits sells property in Mumbai for Rs 172 croreUnited Spirits has sold a residential property in Mumbai's Malabar Hill for ₹172 crore to Ajaykumar and Manisha Vaghani. This sale is part ...
Inbrew closes in on Imperial Blue buy, may say cheers with TPGPrivate equity group TPG is considering a collaboration with Inbrew Beverages to acquire the whiskey brand Imperial Blue from Pernod Ricard...
Pernod Ricard emerges as largest Indian spirit maker with Rs 26,773 cr revenue in FY24Pernod Ricard India has overtaken United Spirits to become the top spirits maker in India in terms of revenue, reporting Rs 26,773.22 crore...
Inbrew Beverages, TPG Capital in race to buy Imperial Blue, India's third-largest whisky brandRavi S Deol's Inbrew Beverages and TPG Capital are bidding to acquire Imperial Blue whisky from Pernod Ricard. Due diligence will begin soo...
United Spirits Q2 Results: Net profit falls to Rs 339 crore, revenue declines to Rs 6,736.5 croreIts revenue from operations was Rs 6,736.5 crore during the quarter under review. It was Rs 8,282.7 crore in the corresponding period of th...
Robust top-line growth, resilient operating margins in extremely volatile, inflationary environment: USL MD Hina NagarajanThe company, however, said the performance was strong after numbers are rebased to account for Pioneer Distilleries merger and adjusted for...
United Spirits Q3 Results: Profit slumps 64.4% QoQ hurt by soaring input costsThe Bengaluru-based scotch maker's revenue fell 25% to 66.12 billion rupees in the quarter, while net sales fell nearly 10% to 2.78 billion...
United Spirits Q1 Results Profit soars 204% YoY; sales rise 34%The company that sells brands including Johnnie Walker and McDowell's, saw premium brands grew 44% and, accounted for 71% of its overall re...
United Spirits seeks single pricing policy linked to inflationThe maker of Johnnie Walker and McDowell’s said it is seeing inflationary pressure, especially on ENA driven by the geopolitical impact on ...
Diageo aims to be top consumer product company in India, expands play in premium segment"Our mission is to be the top CPG company in India delivering a sustained double-digit topline growth with mid to high teen margins and als...
Litigation made USL opt for franchising with Inbrew instead of full divestment: Diageo India CEO Hina NagarajanOn Friday, USL sold 32 brands including Haywards, Old Tavern and White Mischief for ₹828 crore to Inbrew with a five-year franchise arrange...
United Spirits to sell 32 mass-brands to Inbrew for Rs 820 croreThe deal includes the entire business of these brands such as related contracts, permits, intellectual property rights, associated employee...
Molson Coors sells India business to Inbrew HoldingsUS brewer Molson Coors has agreed to sell its Indian unit to Singapore-headquartered Inbrew Holdings. While the companies did not disclose ...