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INTERNATIONAL BREWERIES
Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...- Rs 199 for a diet coke: How Q-commerce is capitalizing on India's canned drink deficitImported cans of Diet Coke, Coke Zero, 7 Up Zero Sugar and other soft drinks are being sold on quick commerce platforms at nearly five time...
- Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
- Quant Mid Cap Fund exits Lenskart Solutions and 2 other stocks, adds SAIL in AprilQuant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority of India to its portfolio, the fund...
- Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in AprilMutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reduct...
- Liquor maker Radico Khaitan resumes Gulf shipments as tensions easeRadico Khaitan's exports to the Gulf are resuming after a halt due to regional conflict. Shipments stalled in March and April but are now g...
- ‘We are not going to do charity’: Kingfisher beer maker United Breweries plans to exit unprofitable states amid cost surge, pricing curbsUnited Breweries, a major player in India's beer market, is preparing to withdraw from unprofitable regions due to soaring input costs and ...
- The alchemist of Bengaluru: Kiran Mazumdar-Shaw began from a garageKiran Mazumdar-Shaw has named her niece Claire Mazumdar as successor, setting up a gradual leadership transition at Biocon. A pioneer who b...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%In the current phase of market volatility, the only solace to be derived is from market history. And history tells us that, just like good ...
- West Asia war: India’s $334-billion F&B industry simmers on a low flameThe West Asia conflict is posing significant challenges for India’s F&B industry, with LPG shortages and supply disruptions pushing many sm...
- Stocks in news: TVS Motor Company, Info Edge, NTPC, NHPC, Coal India, Sammaan Capital, Som Distilleries & BreweriesIndian markets experienced a sharp decline on Friday, with Nifty and Sensex falling over 2% due to volatility, primarily driven by financia...
- Today in US history on March 28: Three Mile Island accident, First American killed in WWI, Elvis Presley’s Burning Love and moreMarch 28 holds a special place in American history. Key events unfolded on this day, shaping the nation. From a nuclear accident at Three M...
- CCI approves Heineken's additional equity stake acquisition in United BreweriesThis, however, is subject to the outcome of certain court proceedings, a combination notice filed with the Competition Commission of India ...
- Sell United Breweries, target Rs 760: UBSUBL lost share to competition between FY10-15 and the trend could worsen as international breweries start gaining scale
- Promoters increase stake in United Breweries by 3.22%The promoters of United Breweries (UB) have increased its stake in the company by 3.22% following the amalgamation of several other entitie...
- International Breweries scouting for brewery acquisitionCanadian brewer International Breweries is on the look out for brewery acquisitions in India and is rolling out its second brand Australian...
- United Breweries Benefit Trust sells shareholding for Rs 285 croreVijay Mallya-led United Breweries raised Rs 285 crore by placing treasury stock with select long term institutional investors.
- Deutsche Sec picks 11% stake in United BreweriesForeign fund house Deutsche Securities Mauritius on Wednesday picked up 10.92 per cent stake in Vijay Mallya-led United Breweries for Rs 27...
- InBev set to team up with Kool BreweriesThe Belgian brewer, which operates a local joint venture with Ravi Jaipuria, is close to unveiling a formal arrangement with Haryana-based ...
- Asia Pacific set to launch Baron's Beer in MaharashtraBaron's is the latest in a line of international beer brands being produced and distributed in India.
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