Diageo

British whiskey and gin producers will see their duties go down from a whopping 150% to 75% under the new deal. (Photo: Reuters)

United Spirits acquires gin manufacturing startup, NAO Spirits

The purchase deal, which will be carried out in two tranches, sets the Enterprise Value of NAO Spirits at Rs…

June 20, 2025 14:26 IST

However, the celebratory atmosphere was short-lived. The following day, during a victory parade held outside Bengaluru’s M. Chinnaswamy Stadium, a stampede broke out due to overcrowding and a lack of crowd control measures.

‘Speculative in nature’: Diageo refutes claims of RCB stake sale

Global spirits company Diageo is reportedly considering selling part or all of its stake in Indian Premier League (IPL) franchise…

Updated: June 10, 2025 16:50 IST

United Spirits, Q3 results, profit, revenue, EBITDA, sales, alcohol, Smirnoff, premium alcohol

Not in high spirits! Diageo warns of continued challenges on lower consumer spend

Debra Crew, Chief Executive, Diageo, said, “While consumers continue to be cautious in this environment, we are focused on strengthening…

September 26, 2024 15:25 IST

Diageo, United Spirits, fourth quarter, Q4 earnings, profit, revenue, EBITDA, dividend

United Spirits Q4 Earnings: Profit swings to Rs 241 crore, final dividend of Rs 5 announced

United Spirits posted revenue from operations at Rs 6511 crore, up 12.4 per cent as against Rs 5792 crore posted…

May 25, 2024 10:46 IST

United Spirits, United Spirits Q3 results, quarter results, alcohol, profit, revenue, EBITDA, premium liquor, wedding season, innovation

Smirnoff maker United Spirits Pots Q3 profit at Rs 350.20 crore, up 63.5% on-year, revenue at Rs 6962.00 crore

United Spirits posted revenue from operations at Rs 6962.00 crore, up 5.3 per cent as against Rs 6609.80 crore during…

January 24, 2024 10:13 IST

United Spirits Q2 net sales at Rs 2,867 crore, EBITDA at Rs 467 crore

United Spirits Ltd released its second quarter results of the fiscal year 2023-24 with net sales value (NSV) at Rs…

November 9, 2023 14:13 IST

Johnnie Walker, Diageo, CEO. appointment, hiring, spirits company, cocktails, marketing

Johnnie Walker maker Diageo’s US sales lose fizz, shares slide

Diageo reported weaker-than-expected North American sales. Its shares dropped almost 7 per cent, shaving about 5 billion pounds off the…

January 27, 2023 10:58 IST

Apollo Tyres appoints Dipankar Ghosh as Group Head of Human Resources

At Apollo Tyres, he would be responsible for the ‘People Pillar’, overseeing people practices for the APMEA region, driving key…

August 30, 2022 15:12 IST

United Spirits signs sale, franchise agreements for select brands with Inbrew

The move follows a strategic review of USL’s selected popular brands announced on February 23, 2021, it said, adding, the…

May 28, 2022 06:30 IST

United Spirits Q3 profit rises 27% to Rs 291 crore, net sales up 7.6% at Rs 8,854.5 crore

The company had posted a net profit of Rs 229.9 crore in the October-December period a year ago, United Spirits…

January 25, 2022 18:44 IST

Vijay Mallya row: Diageo files interlocutory application

British liquor giant Diageo Plc today filed an interlocutory application before the Debt Recovery Tribunal seeking vacating of DRT’s March…

June 2, 2016 21:12 IST

Diageo brand contributes Rs 237 crore to United Spirits revenues

United Spirits S/L net sales were up 13% y-o-y to R22.8b (est. of R23.3 billion). Gross sales grew 11% y-o-y…

June 1, 2016 07:13 IST

Water experts develop device to help save lives in India

Experts at the University of Birmingham today announced that they have developed a unique device that could save lives in…

May 17, 2016 18:34 IST

diageo, diageo india, vijay mallya, vijay mallya diageo, diageo india pvt ltd, vijay mallya news, united national breweries diageo, united national breweries, united national breweries africa, united national breweries diageo vijay mallya, vijay mallya united national breweries, business news, world news, india news

Diageo submits exit deal with Mallya to debt tribunal

British liquor major Diageo Plc on Thursday submitted a copy of its agreement with liquor baron Vijay Mallya to the…

May 13, 2016 02:35 IST

United Spirits shares rally 8% intraday on Diageo stake hike buzz, company denies

Shares of United Spirits rallied 8 per cent intraday on reports that Diageo Plc may raise stake in the liquor…

May 3, 2016 17:19 IST

Vijay Mallya - IDBI money laundering case

Vijay Mallya case: Diageo questions DRT’s power to attach money

Diageo Plc today challenged Debt Recovery Tribunal’s power to direct it to deposit USD 40 million, a part of USD…

April 21, 2016 21:20 IST

Diageo to ‘review’ Tribunal order, says $40mn paid to Vijay Mallya

Caught in the controversy surrounding flamboyant businessman Vijay Mallya, British liquor giant Diageo today said it will “review” the Debt…

March 11, 2016 18:59 IST

Diageo confirms paying $40 million to Vijay Mallya

British liquor major Diagio plc on Wednesday confirmed paying Indian industrialist Vijay Mallya $40 million (Rs.275 crore) as part of…

March 9, 2016 20:47 IST

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RBL Bank is aiming to triple its retail loan book to ₹6,000 crore by FY26 through branch banking, with plans to expand its branch network to 770 outlets by FY28. The bank is focusing on deepening customer engagement, cross-selling bundled offerings, and using a hybrid acquisition model.

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