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Beer is a fun drink, treat it like a FMCG product: Brewers Association

May 18, 2015

Beer is a fun drink, treat it like a FMCG product: Brewers Association

Describing beer as a 'fun, social drink', the All India Brewers Association (AIBA) wants state governments to allow the beverage to be sold like FMCG products through retail shops. #India #FMCG #NewsTracker #Beer #SABMiller #Budweiser #United Breweries #Carlsberg #Bar Malt India #Alfa Laval #Praj Industries #All India Brewers Association
United Spirits appoints new Finance Head, Company Secretary

Apr 27, 2015

United Spirits appoints new Finance Head, Company Secretary

Liquor firm, United Spirits (USL) on Monday appointed Vinod Rao as the Head of Finance and V Ramachandran as the Company Secretary and Compliance Officer of the firm. #Business #India #Vijay Mallya #Diageo #United Breweries #USL #V Ramachandran #Vinod Rao
Consortium of 17 banks files contempt application in HC against Mallya, Kingfisher Airlines

Jan 07, 2015

Consortium of 17 banks files contempt application in HC against Mallya, Kingfisher Airlines

Taking cognisance of the complaint, Justice Patil ordered notice to Mallya and two other companies in contention and posted the matter for another day. #NewsTracker #Kingfisher Airlines #Vijay Mallya #United Breweries #Debt Recovery Tribunal
Surprise move: Deepak Fertilisers sells 2.2% stake in Mangalore Chemicals

Jan 05, 2015

Surprise move: Deepak Fertilisers sells 2.2% stake in Mangalore Chemicals

When contacted, company's spokesperson declined to comment on the reason behind offloading the 26 lakh shares in MCFL. #NewsTracker #BSE #Vijay Mallya #Deepak Fertilisers #United Breweries #Zuari group
Diageo won't get much out of its inquiry: Blame is on shoddy due diligence of United Spirits

Sep 05, 2014

Diageo won't get much out of its inquiry: Blame is on shoddy due diligence of United Spirits

Diageo had gone for merger given the fact that the Indian legal system gives mergers a better protection than it gives to takeovers. Amalgamation or merger has to have the High Court approval whereas takeover needs nobody's approval save compliance with the public offer mandate of SEBI takeover regulations at a price determined by the regulations. #SEBI #Vijay Mallya #Kingfisher #Diageo #United Spirits #United Breweries