Alcoholic beverages
Kerala to serve liquor only in five-star hotels, close Beverages Corp
21 Aug 2014
The UDF decision will cost the state Rs7,000 crore in annual revenues, but the government hopes to repair some damage by promoting the traditional toddy industry
KKR makes revised $3.2-bn bid for Treasury Wine
04 Aug 2014
Diageo finally acquires required 26% for control of United Spirits
03 Jul 2014
Diageo said it has completed a tender offer to acquire the shares in United Spirits after its first attempt to do so in November 2012 failed due to poor response
Diageo worried Scottish independence may give it a hangover
31 May 2014
Ivan Menezes, CEO, Diageo Plc, says that conflicts over currency and new tax arrangements after a possible Scottish independence could damage the Scotch whisky industry. By Jagdeep Worah
Australia's Treasury Wine rejects $2.90-bn KKR bid
20 May 2014
Treasury Wine, which has a market cap of A$2.5 billion, was spun off by Foster's Group in 2011 after a decade-long expansion into wines in Australia and the US
United Spirits to sell Whyte & Mackay to Philippines-based Emperador for $729 mn
10 May 2014
United Spirits Ltd, India’s largest spirits company, has struck a deal to sell its Whyte & Mackay scotch whisky unit to Philippines-based Emperador
Suntory, Tilaknagar Industries in race to buy Imperial Spirits
24 Apr 2014
Japan's second-largest brewing and distilling company Suntory Holdings and Mansion House brandy maker Tilaknagar Industries, are in the race to buy Coimbatore-based Imperial Spirits
European regulator approves Suntory's $13.6-bn Beam deal
22 Apr 2014
In recent years, Suntory has been making acquisitions and developing business partnerships with major beverage companies in a bid to rapidly expand its global footprint
Top doctor moots daily bottle of wine for good health
22 Apr 2014
A Helsinki University professor, who previously worked for the WHO, drinkers lived longer than people who did not drink
Diageo seeks to buy additional 26% of United Spirits for Rs11,451.3 crore
15 Apr 2014
Diageo Plc, the world's largest maker of alcoholic drinks, was force to abandon its earlier tender offer after USL shareholders refused to sell their shares saying the valuation was low
Starbucks to sell beer, wine at more locations
21 Mar 2014
Tilaknagar Industries buys out IFB Agro’s spirits business
13 Mar 2014
The acquisition will add brands like Leonov, Russki (vodka), Goldcup, Benjamin (brandy), Jubilation, Baluba (rum) and 3 Cheers (whisky) to Tilaknagar Industries’ expanding sprits portfolio
SC stays further transactions in United Spirits-Diageo deal
10 Feb 2014
The Supreme Court on Monday ordered "status quo” be maintained in the sale of United Spirits to British liquor group Diageo Plc till April
Anheuser-Busch InBev to buy New York brewer Blue Point
06 Feb 2014
Founded in 1998 Blue Point is currently the 34th largest craft brewery in the US, with a portfolio of 40 products
Anheuser-Busch InBev buys back S Korea's Oriental Brewery for $5.8 bn
20 Jan 2014
AB InBev, the world's biggest brewer, will buy back South Korea's Oriental Brewery that it sold in 2008 to finance the acquisition of Anheuser-Busch
Japan's Suntory acquires US spirits maker Beam in $16-bn deal
14 Jan 2014
The deal creates the world's third-biggest premium spirits player with a portfolio of leading brands across key spirits categories, enhanced global reach and expertise in the fast-growing whisky category
Featured articles
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COP28 explained: A closer look at COP28's climate change solutions
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The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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