Global alcohol giants, including Diageo and Pernod Ricard, demand $466 million in unpaid dues from Telangana, as Heineken suspends supplies over delayed payments and price hike issues. India’s largest beer company responded by suspending supplies to the state, highlighting delayed payments and…
On January 15, 2025, Nate Anderson, the founder of Hindenburg Research, announced the closure of the influential U.S.-based investment research firm, marking the end of a controversial and high-profile chapter in the world of short-selling and corporate investigations. The firm’s decision to…
In a recent development, the Central Bureau of Investigation (CBI) has named global liquor giant Diageo and leading venture capital firm Sequoia Capital in a case alleging suspicious payments to a firm linked to a prominent politician. The investigation has raised questions…
Diageo has launched its new luxury division, the Diageo Luxury Group, to drive the growth of its premium brands priced at US$100 or more, focusing on expanding its presence in the high-end spirits market. Julie Bramham Appointed as Managing Director of Diageo…
In a significant diplomatic development, Indian Prime Minister Narendra Modi met with Greek Prime Minister Kyriakos Mitsotakis to enhance bilateral relations between India and Greece. This meeting highlights both nations’ intent to deepen ties, particularly in trade and defense, reflecting a shared…
In a recent pivotal meeting, India’s National Security Advisor Ajit Doval and U.S. NSA Jake Sullivan discussed enhancing the India-U.S. Initiative on Critical and Emerging Technology (iCET). This dialogue highlights the increasing commitment of both nations to strengthen technological collaboration, focusing on…
Discover D’YAVOL, the premium scotch whisky brand co-owned by Aryan Khan, which recently won the Gold Medal at the 2024 International Spirits Challenge. Learn about its unique blend of eight single malts, the innovative aging process, and its expansion plans into new…
Financial Challenges: A New Landscape The year 2023 marked a transformative period for startups, navigating a landscape with a 73% reduction in venture capital (VC) funding. Unicorns such as Byju’s, Swiggy, and Ola faced valuation markdowns, while others, like Frontrow and CarDekho,…
Varun Beverages Ltd (VBL), a prominent PepsiCo franchise bottler globally, recently announced its strategic move to acquire South Africa’s The Beverage Company Ltd (BevCo). This expansion aims to strengthen VBL’s presence in Africa and tap into the lucrative South African soft drinks…
The year 2023 witnessed a wave of closures in the Indian startup ecosystem, influenced by a combination of funding challenges, adverse market conditions, and regulatory headwinds. In this blog, we delve into the stories of 15 startups that faced the harsh realities…
