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UNITED BREWERIES INTERNATIONAL LTD
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 ...
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 ...
TCS among 6 stocks signalling downtrend as MACD slips below zero
Heineken seeks change in UB’s AoA to oust Mallya and name chairmanThis follows Heineken’s acquisition of the fugitive economic offender’s shares from the Debt Recovery Tribunal that had increased its share...
Heineken International gets exemption on open offer in UBL caseIn June, Heineken International BV made an application to Sebi seeking exemption under the Takeover Code for the proposed acquisition of 3....
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 ...
Yes Bank invokes United Breweries' shares worth Rs 778 croreYes Bank has invoked 3.02 per cent stake of United Breweries, pledged by McDowell Holdings, a unit of Vijay Mallya-led UB Group, by selling...
USL exits Vijay Mallya-led United Breweries with Rs 872-cr stake saleDiageo-controlled United Spirits has exited from Vijay Mallya-led United Breweries by selling its entire 3.21% stake for Rs 872 crore.
Heineken NV buys 2.5 lakh United Breweries sharesAccording to the information available with bourses, Heineken International acquired 2.5 lakh shares, amounting to 0.9 per cent stake, of U...
- 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...
- United Breweries Benefit Trust sells shareholding for Rs 285 crore
Vijay Mallya-led United Breweries raised Rs 285 crore by placing treasury stock with select long term institutional investors.
- Alcohol consumption in India to grow by 8% this year
Consumption of alcoholic beverages in India is expected to touch 217.1 million cases in 2010, marking a growth of 8% from the previous year...
- Deutsche Sec picks 11% stake in United Breweries
Foreign fund house Deutsche Securities Mauritius on Wednesday picked up 10.92 per cent stake in Vijay Mallya-led United Breweries for Rs 27...
- InBev-Jaipuria to uncork beer in Mallya's home turf
The world’s largest brewer by volume, InBev, is likely to start operations in Bangalore, right at the heart of Vijay Mallya’s brewing empir...