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UNITED BREWERIES FINE
India flips AB InBev from witness to target in antitrust probe, triggering court fightIndia's antitrust agency has shifted Anheuser-Busch InBev from a cooperating witness to a party under investigation in a cartel probe. The ...- Karnataka's liquor deregulation: Why United Spirits, United Breweries & Allied Blenders are Dalal Street's new favouritesKarnataka is poised for a significant policy shift in its liquor sector, moving towards deregulation. This move is expected to benefit majo...
- CCI raids Pernod, Budweiser maker AB InBev in liquor industry crackdownIndia's antitrust body, the Competition Commission of India (CCI), raided the offices of alcohol giants Pernod Ricard and Anheuser-Busch In...
- Beer market gaining prominence in India; would enhance product line, says UBLHeineken is now a majority promoter shareholder and owns a 61.5 per cent stake in UBL. Last year in June, it acquired 16.15 per cent equity...
- NCLAT stays CCI order imposing Rs 873 crore penalty on UBL, other beer makersCC in September had imposed penalties totalling over Rs 873 crore on UBL, Carlsberg India, All India Brewers' Association (AIBA) and 11 ind...
- UBL challenges Rs 752 crore CCI penalty before NCLATThe Competition Commission of India on September 24, 2021, imposed a fine of Rs 751.8 crore for alleged cartelisation in the sale and suppl...
- UBL may have to take on debt for CCI's Rs 752 crore penaltyUBL, in a stock exchange notice, said it is reviewing the order in consultation with its legal advisers. Executives of the three beer compa...
- United Breweries may have to raise debt to pay CCI penalty: Motilal Oswal reportOn Friday, India’s competition watchdog found top beer companies United Breweries, Carlsberg India and Anheuser Busch InBev India to have i...
- UB shares tank 3% as company slapped with hefty fine over beer cartelisationShares of United Breweries were last down Rs 50 or 3.11% on NSE to trade at Rs 1,555.85 as of 11:42 hours (IST).
- Price-fixing case: CCI imposes penalty on beer companiesThe Indian spirits and beer industry is heavily regulated with state-specific rules, ever increasing taxes, price control, distribution mod...
- CCI slaps Rs 873 cr fine on UBL, Carlsberg India, others for cartelisation in beer saleA final order has been passed against three beer companies -- United Breweries, SABMiller India, now renamed as Anheuser Busch InBev India ...
- Sebi fines Mallya Pvt Ltd, Pharma Trading Rs 12 lakh for disclosure lapsesMallya Pvt Ltd and Pharma Trading were promoters of UBHL at the time of violation.
- Carlsberg, United Breweries plead leniency in India beer cartel probe - sourcesDenmark's Carlsberg and India's United Breweries have filed pleas with Indian authorities, seeking leniency in a probe into alleged collusi...
- Top brewers in India raided by antitrust watchdog CCI in price-fixing probe: SourcesSearch and seizure operations were conducted by the CCI at the offices of India's United Breweries, Denmark's Carlsberg and the world's lar...
- Bourses to suspend trading in United Breweries (Holdings) from September 8Trading would be suspended in UB (Holdings) on account of non-compliance with financial results.
- Those who buy a pint of beer for Rs 100 should 'upgrade' to White Rhino, says founder Ishaan PuriIndia's first craft brewery, set up close to the Chambal river in MP, has rolled out two products from its stable in the NCR.
- 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 ...
- United Spirits doing well, investor focus is shifting: Jigar Shah, Kimeng SecuritiesThe company is undervalued given that its future looks bright but is not getting reflected in the market value.
- United Breweries to locally brew Dutch beer HeinekenThe Vijay Mallya-led United Breweries is set to locally brew Dutch beer Heineken and position it at the super premium end of the market in ...
- Bosca to go off shelves as UB agreement endsBosca Wine, one of the oldest wine brands in India that boasts of the fine traditions of wine making in Abruzzo region in Italy, will go ou...
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