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DIAGEO NEWS
India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy daysIndia's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery w...- RCB ownership battle heats up as Man United's Glazer said to have bid $1.8 billionManchester United co-owner Avram Glazer is reportedly making a bid for the Royal Challengers Bengaluru cricket team. The offer is around $1...
- Diageo brings in former Tesco chief Dave Lewis to revive growthDiageo hace announced the appointment of Dave Lewis, the ex-Tesco chief, to lead the company as CEO, effective January 1, 2026. This decisi...
- Diageo CEO Debra Crew steps down as company pursues turnaround, cost cutsDiageo said Crew was leaving immediately by mutual agreement. It did not give further details but said it was maintaining its forecasts for...
- United Spirits shares gain 3% on reports of potential RCB stake sale by parent DiageoUnited Spirits shares: According to the report, Diageo is considering several options regarding its stake in the prominent cricket franchis...
- Diageo India refuses its Delhi police has summoned CEO in liquor payments case, acknowledges receiving a noticeDiageo India rebutted claims that its CEO was summoned by Delhi police over billing and discounts practices from 2017-2020. While Reuters r...
- Diageo India announces equal parental leave for all employees; introduces 26-week paternity leaveEffective July 30, 2021, this policy is applicable to all new parents, and can be availed by new fathers anytime within 12 months of the bi...
- United Spirits has more crorepatis than Wipro, 52 executives earned more than Rs 1 crore last yearUSL’s parent Diageo is looking to attract and retain talent in India as it pushes hard to build up sales and fend off competition.
- Diageo offers $1.9 bn for majority control of United SpiritsDiageo offers $1.9 bn for majority control of United SpiritsUSL surged to a record Rs 2,940.55 in opening trade on Tuesday, the highest sin...
- United Spirits plunges 6% as Karnataka HC nixes its share sale to DiageoThe HC order has come in response to a winding-up petition filed by creditors against UBHL for dues of about Rs 600 cr, which is pertaining...
- India-born Ivan Menezes to head world’s top liquor company DiageoIvan Menezes is the new CEO of Diageo, world's largest drinks company-a development that reinforces growing trend of Indians heading global...
- United Spirits-Diageo deal: Buy as deal gets close, say analystsAnalysts are of the view that United Spirits as a stock has held firm despite some negative news and is poised for further upside.
- Whyte & Mackay may be put on block to smoothen Diageo dealAnalysts say that several industry players such as Italy's Gruppo Campari, Bacardi and Japanese firm Suntory would want to gulp up Whyte & ...
- United Spirits rally puts question mark on Diageo open offerAleading Kolkata-based stock broker, whose name surfaced during the Harshad Mehta scam, is believed to have made a killing on the counter.
- United Spirits in talks with Diageo for stake saleUnited Spirits, India’s second-largest maker of alcoholic drinks by market value, said it resumed talks with British drinks giant Diageo fo...
- Bacardi rethinks drinks brands' online strategyBacardi is set to scale back its brand websites and refocus its marketing efforts on social-media platforms that host its branded content.
- KKR, Diageo may buy USL stakeKohlberg Kravis Roberts (KKR) and Diageo likely to acquire 10% & 14.99%, respectively, in Mallya firm.
- United Spirits, Diageo talks fail; stock down 7%Investors dumped shares of United Spirits after reports that Diageo’s talks to buy stake in the alcohol maker have hit a roadblock as the t...
- Top-level exits shake up DiageoDiageo Asia-Pacific head John Pollaers along with new MD Roland Abella addressed employees on Thursday.
- Diageo in talks with Sula to acquire 26%Diageo’s India focus could see it cutting a wine deal shortly.
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