In a significant move aimed at reviving growth, Diageo Plc, one of the world’s leading spirits manufacturers, is conducting a comprehensive review of its portfolio. This includes the iconic Guinness beer brand and its 34% stake in LVMH’s drinks division, Moet Hennessy.…
UB Beer, the iconic brand once synonymous with casual gatherings and celebrations in Telangana, is making its much-awaited comeback. After a period of absence, UB Beer is returning to the market, ready to reclaim its spot in the hearts of loyal fans…
Corporate frauds continue to disrupt India’s financial landscape, with billions of rupees lost across various sectors. While high-profile cases involving banking giants grab attention, startups and mid-sized companies also face significant challenges in a rapidly growing economy. A recent example is the…
TikTok, owned by China’s ByteDance, has become a focal point in the ongoing geopolitical tension between the US and China. The US Supreme Court’s recent decision to uphold a nationwide ban has sparked fresh debates about TikTok’s future, its economic impact, and…
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…
