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RIVAL DIAGEO
India orders antitrust probe into liquor giant Pernod's dealing with retailersIndia's competition watchdog has launched a probe into French liquor giant Pernod Ricard. Allegations suggest exclusive deals with retailer...
Diageo springs a surprise, sales climb on Africa, Latin AmericaDiageo has experienced an unforeseen surge in sales for the latest quarter, attributed to robust growth in Africa and Latin America that su...
Rs 16,600 crore in the bag! United Spirits shares in focus as firm finalises sale of IPL giant RCBUnited Spirits' shares are set for attention following the Rs 16,600 crore sale of its IPL franchise, Royal Challengers Bengaluru. A consor...
Diageo India ropes in Praveen Someshwar as its new CEO, to replace Hina Nagarajan in AprilUnited Spirits Limited announced the appointment of Praveen Someshwar as CEO-Designate. He will replace Hina Nagarajan as Managing Director...
Price hikes offer chance for Guinness rivals as Diageo pushes zero alcohol brewGuinness, Diageo's flagship stout, faces growing competition in the UK as pubs and drinkers seek alternatives due to price hikes. Rivals li...
Diageo submits financial documents in Delhi police investigation, source saysDiageo's Indian unit submitted documents to New Delhi police in a probe about billing and discount practices between 2017 and 2020 involvin...
Diageo raises stake in United Spirits to 55.9%The maker of Johnnie Walker purchased 50.75 lakh shares at Rs 693.25 per share on NSE.
Pernod Ricard India revenue upThe maker of Absolut vodka and Chivas Regal scotch had gross sales of Rs 20,335 crore in the year-to-March 2019, latest filing sourced from...
Diageo’s alliance with United Spirits pays off as sales recoverDiageo will fully include the results of USL, in which it acquired a majority stake, from July 2 onwards, according to the UK-based company...
USL to be profit-positive in 6 years, says Agnes Bota of DiageoBota further confirmed that group firm United Breweries is a non-core investment and the new investor (Diageo) would want to focus only on ...
- Diageo brews local whiskies for larger peg; registers a new locally made whiskey Rowson's Reserve with state excise
Drinks giant Diageo will U-turn into Indian whiskeys to boost growth after relying on its international brands for almost a decade.
- Bacardi rethinks drinks brands' online strategy
Bacardi is set to scale back its brand websites and refocus its marketing efforts on social-media platforms that host its branded content.
- Diageo India unit under DRI scanner
The Directorate of Revenue Intelligence (DRI) has started a probe into global drinks giant Diageo’s India unit, with officials searching th...
- Diageo firms up wine, beer plans
Global drinks giant Diageo is uncorking plans outside the spirits space. The UK-based behemoth is expected to hit the market with locally-b...
- Vodka battle: Poison takes on Smirnoff
A vodka battle is in the offing with USL unveiling a new premium vodka brand Poison pitched against Smirnoff.
- Diageo, Radico form JV for IMFL foray
Diageo, the world’s largest drinks company, and Radico Khaitan have unveiled an equal joint venture in the Indian spirits market.
- Diageo India ropes in former McKinsey partner as MD
Global drinks leader Diageo continues to uncork surprises in the Indian market.