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PERNOD RICARD CHINA MARKET
German auto parts maker Mahle said to revisit IPO for India unitGerman auto parts maker Mahle GmbH is revisiting plans to list its Indian business in Mumbai, according to people familiar with the matter....- Pernod Ricard blames weak US, Chinese markets for 26% profit fallPernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annu...
- Global Market: China stocks rise as Nvidia outlook boosts AI and hardware sharesChina’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook,...
- China’s bold bet on green hydrogen could determine fuel’s futureChina is making a substantial investment in green hydrogen technology. This ambitious plan aims to significantly increase operational capac...
- Global Market: China, Hong Kong stocks rise as AI rebound boosts investor sentimentOn Wednesday, stocks in China and Hong Kong surged, reflecting a favourable global market environment. Technology and artificial intelligen...
- Tilaknagar Industries open to another large deal after Imperial Blue buyout, chairman saysTilaknagar Industries is open to another large deal after its recent acquisition. Consolidation is gathering pace in India's dynamic liquor...
- Varun Beverages to foray into alcohol biz, set up subsidiaryVarun Beverages is entering the alcohol business by incorporating a new subsidiary. The company has appointed Prathmesh Mishra as the chief...
- Varun Beverages forays into alcohol business, names ex-Diageo executive Prathmesh Mishra to lead new unitVarun Beverages will enter the alcoholic drinks market with a new subsidiary. The company appointed a former Diageo executive to lead this ...
- Global Market: China’s property crisis deepens as Evergrande founder gets life sentenceChina’s property crisis deepened despite Evergrande founder Hui Ka Yan receiving a life sentence. Falling home prices, unfinished projects,...
- Global Market: Alibaba rout drags China, Hong Kong markets lower amid AI spending concernsChina and Hong Kong stocks fell sharply on Monday, led by technology shares, after Alibaba’s $10.2-billion share placement revived concerns...
- FSSAI suspends license of Marche Retail; restrains SDP Industries from selling gheeThe FSSAI has suspended Marche Retail's license for significant food safety violations. SDP Industries is now prohibited from selling all g...
- FSSAI sends more than 150 notices to food, beverage firmsIndia’s food safety regulator FSSAI has issued over 150 notices to food and beverage companies over misleading advertisements, false claims...
- FSSAI issued 150 notices to food companies in recent months over misleading advertisementsFSSAI has issued more than 150 notices to food companies in recent months over misleading advertisements, false claims and labelling violat...
- Global Market: China stocks hold steady as investors await fiscal supportChina’s stock markets were largely subdued on Friday as investors weighed prospects of additional fiscal support against weak domestic dema...
- Evergrande’s rise and fall: A timeline of China’s property crisisEvergrande founder Xu Jiayin received a life sentence and massive fines, marking a dramatic turn. The developer's collapse highlights ongoi...
- FSSAI inspects Pernod Ricard plant, collects whisky samples in wider industry probePernod Ricard's Bengaluru plant was inspected by India's food safety regulator, with officials collecting liquor samples and seeking docume...
- Spirits giant Suntory bets on Oaksmith, Jim Beam to crack India’s whisky market by 2030Suntory Global Spirits targets India as its third-largest market by revenue by 2030. The company plans to sell locally made whiskies and im...
- Inspectors seize thousands of Diageo whisky, vodka bottles in food safety crackdownIndian inspectors seized approximately eighteen thousand boxes of Diageo liquor bottles. These bottles allegedly lacked required markings f...
- Tequila giant Becle makes direct India push, appoints Shweta Jain as MDProximo is among the last major global spirits companies to establish a direct India operation. Most of its international rivals are alread...
- Fossil Group is said to invite banks for India unit IPOFossil Group Inc. is exploring an initial public offering for its India business. This potential listing could raise as much as $300 millio...
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