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PERNOD RICARD LAUNCHES RESTRUCTURING PLAN
Microsoft has considered spinning off Xbox: ReportMicrosoft is exploring significant changes for its Xbox gaming division. Options include a potential spinoff or restructuring as a wholly o...- 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...
- FIFA World Cup marketing spends in India may halve as brands stay awayThe FIFA World Cup has begun in India with minimal marketing buzz. Brands are hesitant due to poor match timings and late broadcast deals. ...
- Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
- AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...
- Vedanta demerger: Four spin-off companies list on exchanges on June 15Vedanta’s four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable mark...
- Opendoor fires all Indian employees, shuts India operationsUS real estate technology company Opendoor is winding down its India operations and relocating remaining roles to the US, affecting nearly ...
- Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
- Zee puts FIFA World Cup behind paywall to grow subscriber baseZEE5 is offering dedicated FIFA World Cup subscription packs. Viewers will buy these packs directly. This strategy aims to boost ZEE5 subsc...
- Carlsberg gears up to file for $700 million India IPOCarlsberg A/S is preparing to file draft papers for an IPO of its India unit as early as this month, sources said. The listing could raise ...
- Keenly watching India-US trade deal developments: Brown-Forman India MDBrown-Forman, the maker of Jack Daniel's, is closely monitoring the India-United States trade deal. Positive signs are emerging for the bil...
- Oyo parent Prism Hotels receives Sebi nod for IPOPrism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds fo...
- India antitrust body targets beauty pageants with scrutiny of Mrs India IncIndia's competition watchdog is probing Mrs. India Inc. The beauty pageant organizer faces accusations of abusing its market position. Part...
- Meta scales back plan for internal mouse-tracking tech, citing staff concernsNew controls will allow employees to pause the data collection for up to 30 minutes at a time and request exemptions from the initiative,...
- Delhi HC rejects Pernod Ricard's plea against denial of L1 liquor licenceThe Delhi High Court has rejected Pernod Ricard's plea for an L1 wholesale liquor licence. The French spirits giant faced denial due to a p...
- Pernod’s Delhi drought deepens as Indian court rejects liquor sales pleaA French liquor giant's bid to restart sales in New Delhi has been denied by an Indian court. This marks three years since the company's pr...
- Global Markets: European shares edge higher as auto, chemical stocks riseEuropean shares neared an all-time high, boosted by strong auto and chemical stocks, despite ongoing Middle East tensions. Investors are ca...
- 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...
- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- Indian regulators oppose Pernod Ricard's liquor plea, firm says business 'hopelessly fettered'Indian regulators are opposing Pernod Ricard's latest court attempt to regain its Delhi liquor license. The French company's license was re...
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