Diageo is in talks to acquire a stake in Vijay Mallya's United Spirits Ltd, reviving an on-again, off-again courtship that would ramp up its presence in the world's largest whisky
Shares in United Spirits surge as much as 9. 8 per cent to their highest since July 2011
World’s largest scotch maker, Diageo on Wednesday said it has targeted very strong growth in India, betting on high-end segment as well as local partnerships to boost its sales in
Diageo Plc is close to buying Turkish spirits company Mey Içki Sanayi for up to USD 2. 5 billion a deal that would give the UK alcohol giant access
Indian liquor honcho Asif Adil may quit John Distilleries (JDL) to pursue an Indian alcohol trading business.
Asif Adil who joined JDL as the vice-chairman and chief executive in
Vijay Mallya-led UB Group today said it has become the world's second largest liquor maker after Diageo with sales of over 100 million cases in the last 12 months and
Betting big on its flagship brand Johnnie Walker, the global liquor major Diageo has decided to focus on premium products to push sales in the country, besides promoting locally-bottled brands.
United Spirits is set to sell new shares worth about $300-350mn.
Stay informed on our latest news!