Bengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drin...

India'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...

Diageo has experienced an unforeseen surge in sales for the latest quarter, attributed to robust growth in Africa and Latin America that su...

London’s FTSE 100 edged lower as losses in energy majors and AstraZeneca weighed on the index amid thin holiday trading. Weak crude prices ...

World's leading spirits maker Diageo has taken a write down of 1.3 billion pound, including an impairment of 772 million pound for the Indi...

The company has started talks with investment bankers and consultants on a delisting offer.

The $40 mn is the first instalment of $75 mn that Diageo agreed to pay Mallya for stepping down from a company that he made India’s largest...

Mallya has been re-elected as non-executive director and chairman of United Spirits at the annual general meeting of the liquor major.

World's largest spirits maker Diageo Plc today announced a top-level rejig as United Spirits Chief Executive Officer Anand Kripalu has been...

Diageo Plc picked up more than 19 lakh shares of the Vijay Mallya-led distiller United Spirits for over Rs 472 crore.

Diageo Plc will use United Spirits as the entity to sell all its brands in India as part of plans to consolidate its business in the countr...

Since Diageo failed to attract enough investors, hopes for new attempts at buying shares are keeping the stock afloat, analysts say.

Diageo has nominated Gilbert Ghostine and Ravi Rajagopal as non-executive directors and PA Murali as chief financial officer and executive ...

Shareholders of USL may not tender their shares in open offer being made by Diageo as current market price is 25% higher than United Spirit...

Diageo Plc, the world's largest alcohol player, is in preliminary talks to buy Turkish spirits maker Mey Icki for as much as USD 2.5 billio...

Mallya and his senior team will be meeting their Diageo counterparts on Wednesday in New York for the stake sale.

Mallya and his senior team will be meeting their Diageo counterparts on Wednesday in New York for the stake sale.