Karnataka cuts proposed excise license fee hike to 50%The government also announced that the license renewal period has been extended from one year to five years, offering long-term relief to i...
26 Jun, 2025, 11.54 AM IST
United Breweries plans significant capex increase to boost production capacityUnited Breweries Ltd plans increased capital expenditure to expand production capacity and cooler availability, aiming for 50% cooler penet...
08 May, 2025, 08.07 PM IST
Beer sales in Karnataka contracting due to high taxes, bringing down tax revenues in state: BAIThe beer industry has urged Karnataka to halt frequent tax hikes, as recent increases have stalled beer sales and risk investments of over ...
05 Apr, 2025, 07.40 PM IST
Top brewers to go on a decadal binge, spend Rs 3,500 crore in capexUnited Breweries, AB InBev, and Carlsberg will collectively invest over ₹3,500 crore to set up breweries in India by 2025. This significant...
20 Feb, 2025, 12.57 AM IST
HPE plans to place global leadership in Karnataka: GovtThis location is set to become the largest concentration of HPE facilities globally, nearly double the size of its next biggest site.
20 Jan, 2024, 04.09 PM IST
Ab InBev plans Rs 400 Cr investment to expand its operations in KarnatakaAnheuser-Busch InBev (Ab InBev), the world's largest beer company, has offered to invest Rs 400 crore to expand its brewery operations in K...
18 Jan, 2024, 05.01 PM IST
AB InBev keen to invest Rs 400 crore for expanding brewery operations in KarnatakaA Karnataka delegation led by Karnataka's Large and Medium Industries Minister M B Patil held discussions with executives of AB InBev on We...
18 Jan, 2024, 04.08 PM IST
AB InBev shows interest in extending Mysuru unit, to invest Rs 500 croreAB InBev's Chief Executive (Asia-Pacific zone) Jan Craps met Chief Minister Basavaraj Bommai on Monday and showed interest to invest more i...
05 Dec, 2022, 11.32 PM IST
Windmills forays into international market with the first one opening in DallasWith over 14,000 square feet of space, including a spacious outdoor patio, Windmills is the first U.S. location for Total Environment, the ...
16 Mar, 2021, 04.51 PM IST
ED attaches 4.13 crore shares of UBL promoter firmsWith this transfer, the ED holds 16.15 per cent stake in the company.
08 May, 2018, 08.06 PM IST
How much can banks recover from Vijay Mallya?Besides UBHL, Mallya has stakes in United Breweries and United Spirits through private companies like Vittal Investments, Mallya and Devi I...
21 Mar, 2016, 04.32 AM IST
Vijay Mallya says he is no defaulter or absconderHe said India's banks have total NPAs worth Rs. 11 lakh crores from much larger borrowers than Kingfisher which have not been declared wilf...
07 Mar, 2016, 12.56 AM IST
- International Breweries scouting for brewery acquisition
Canadian brewer International Breweries is on the look out for brewery acquisitions in India and is rolling out its second brand Australian...
12 Dec, 2011, 09.24 PM IST
- UB to invest Rs 1,000 cr on expansion
Vijay Mallaya promoted UB Group is investing Rs 1,000 crore in a three-year span as it looks to hike brewing capacity by about 20 per cent,...
06 Jul, 2008, 12.08 PM IST
- Indowind Energy to raise 81 cr through IPO
Indowind Energy Ltd aims to raise as much as Rs 81 crore through an initial public offer later this month for expanding business, including...
17 Aug, 2007, 07.10 PM IST
- SABMiller to uncork biggest expansion
Beer giant SABMiller is uncorking the biggest greenfield expansion in India’s brewing industry as it continues to push for the top slot in ...
26 Jun, 2007, 03.41 AM IST
- United Spirits transfers stake in UB
United Spirits transferred its stake of over 52.60 lakh shares, representing 8.85 % to McDowell Holdings.
05 Apr, 2007, 02.30 PM IST