• Diageo Aug 02, 2021 10:10 AM IST

    Diageo India offers 26-week parental leave to all employees, irrespective of gender

    Diageo Indias family leave policy also covers employees who become parents through surrogacy.

  • Diageo Jul 26, 2021 11:24 AM IST

    Diageo exits HipBar investment, says alcohol home delivery model will take years to mature

    HipBar co-founder Natarajan said that the firm faced some pushback from some pockets of the trade and the state excise department of Karnataka and this matter is still sub-judice.

  • Diageo May 24, 2021 12:43 PM IST

    Diageo pledges Rs 45 crore to support Indias public health infrastructure for COVID-19

    Under the initiative, the company will help nodal government hospitals in 21 districts to set up Pressure Swing Adsorption (PSA) oxygen plants to create long-term oxygen capacity, Diageo said in a statement.

  • Waterworld: Jan 07, 2021 01:20 PM IST

    Waterworld: How beverage company Diageo is rethinking water usage

    So from the water used in producing raw materials, to the water in the finished product, to the wastewater produced along the way, Perry Jones is constantly thinking about how to source it, how to treat it, and how to use less of it.

  • Liquor Aug 23, 2020 07:36 PM IST

    Liquor companies run ads on OTT platforms due to lack of advertising regulations: Report

    The OTT sector as of now does not have any specific advertising guidelines or restrictions for any content which is created as an original for OTT

  • Diageo Aug 17, 2020 08:45 PM IST

    Diageo to buy Ryan Reynolds-backed Aviation Gin as it moves upmarket

    Reynolds acquired an unspecified minority stake in Aviation Gin in 2018, since when the brand had thrived, Diageo, the worlds largest spirits maker, said on Monday.

  • Diageos Jul 14, 2020 02:39 PM IST

    Diageos new medical policy to cover LGBT+ employees; same-sex, live-in partners to get family benefits

    Diageo said it is expanding the definition of family under its policy to include same sex and live in partners.

  • Indian Jun 17, 2020 12:02 PM IST

    Indian military stores orders for Pernod Richard, Diageo dry up: Sources

    The move is seen as part of Prime Minister Narendra Modis vocal for local campaign in which he has called for promotion of indigenous products to make India self-reliant during the coronavirus pandemic, a government measure that critics have called protectionist and against foreign businesses.

  • Diageo May 18, 2020 04:05 PM IST

    Diageo mulls delisting United Spirits from bourses

    Sources said Diageo has initiated talks with investment bankers and consultants seeking advice on a delisting offer.

  • SEBI Jan 14, 2020 03:35 PM IST

    SEBI bans former Diageo official for 7 years in insider trading case

    Besides, Sebi has directed three persons related to Gupte -- Poonam Haresh Jashnani, Haresh Parmanand Jashnani and Varun Haresh Jashnani -- to disgorge unlawful gains totalling over Rs 1 crore made by them, along with interest, in the insider trading case.

  • USL Jan 23, 2019 09:44 PM IST

    USL Q3 profit up 42.8% to Rs 192.4 crore

    The company had posted a net profit of Rs 134.7 crore in the October-December period of 2017-18, Diageo-controlled firm said in a regulatory filing.

  • Sebi Sep 06, 2018 10:59 PM IST

    Sebi exempts Diageo Group from making fresh open offer to USLs shareholders

    Diageo became a controlling shareholder of USL in May 2013, with 25.02 percent stake after completion of a Rs 3,134.56 crore open offer.

  • Diageos Aug 09, 2017 04:19 PM IST

    Diageos revenue from India jumps 24% in FY17

    The company which makes and sells Indian whiskey, rum, brandy and other spirits through its subsidiary United Spirits (USL), had sales of 3,070 mn pounds (about Rs 25,482 crore) in last fiscal as against 2,465 mn pounds (about Rs 20,461 crore)in 2015-16, as per Diageos annual report for 2016-17.

  • George Jun 21, 2017 10:43 PM IST

    George Clooney just sold his tequila business for up to $1 billion

    Clooney, Rande Gerber and Michael Meldman, who own Casamigos together, are expected to stay with the company after its acquisition.

  • India Apr 20, 2017 01:57 PM IST

    India note ban, liquor curbs hit Pernod Ricard sales growth

    Pernod, the worlds second-biggest spirits group after Britains Diageo, kept its profit outlook unchanged and achieved some robust quarterly growth in the United States and in Europe.

  • United Mar 28, 2017 07:40 AM IST

    United Spirits appoints CFO Sanjeev Churiwala on its board

    The board of the company passed a resolution at their meeting held today and appointed Sanjeev Churiwala, presently designated as CFO of the company, as an Executive Director and CFO on the Board of the Company.

  • UK Feb 21, 2017 05:50 PM IST

    UK says it will look into Indias request to extradite Mallya

    The tycoon secretly fled to Britain last March and has since refused to appear before Indian courts and investigators despite repeated summons in connection with a money laundering case.

  • Diageo Feb 21, 2017 03:36 PM IST

    Diageo opens new business service centre in Bengaluru

    Following a successful start to its operations in October 2016, Diageos shared service centre in Bengaluru situated near the Nagavara, has already trebled its workforce to 300 with the expectation that this number will double by the end of the calendar year, it said.

  • Diageo Feb 21, 2017 12:07 PM IST

    Diageo to finalize plans on USL open offer this week: Sources

    Diageos global management team in India will take stock of its operations in India. Diageo CEO Ivan Menezes will meet bankers on the contours of USLs open offer.

  • Studying Jan 27, 2017 05:34 PM IST

    Studying SEBI order on alleged fund diversions: USL

    The market regulator asked USL to report steps taken to recover from Mallya and the companies to whom such funds were wrongly diverted, which have been reported as diversion under the PWCUK Report - Rs 655.55 crore and under the E&Y Report - Rs 1,225.24 crore.

  • SEBI Jan 27, 2017 04:01 PM IST

    SEBI investigating transactions in UB-Whyte & Mackay deal: Srcs

    The latest investigation is into the UB-Whyte & Mackay (W&M) deal, sources say. The market regulator is looking at loans transferred by the UB Group to W&M in foreign currency.

  • What Jan 27, 2017 09:33 AM IST

    What govt is doing to avoid another Vijay Mallya-like case

    MM Kumar, President of the National Company Law Tribunal, said the stringent law will put people involved in default to task.

  • Udayan Jan 23, 2017 09:51 AM IST

    Udayan Mukherjee: Earnings a mixed bag; Axis suffering from credibility problem

    There have been hits and misses, but the misses have been more on the large cap blue-chip front and probably better than expected numbers for some of the midcap and non-index large cap space, says Udayan Mukherjee on the third quarter earnings so far.

  • DRT Jan 19, 2017 12:10 PM IST

    DRT allows banks to recover Rs 6,203 cr from Vijay Mallya

    In a setback to Vijay Mallya, the Debt Recovery Tribunal (DRT) Thursday allowed SBI-led consortium to petition against the liquor baron. The tribunal has ordered payment of Rs 6,203 crore.

  • Diageo Jan 18, 2017 12:55 PM IST

    Diageo mulls raising stake in USL by 8% before March: Sources

    Diageo is looking to increase stake in United Spirits to 63 percent from 55 percent and might consider an open offer before March 2017, reports CNBC-TV18.

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