Diageo Indias family leave policy also covers employees who become parents through surrogacy.
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.
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.
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.
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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 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.
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.
Sources said Diageo has initiated talks with investment bankers and consultants seeking advice on a delisting offer.
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.
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.
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.
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.
Clooney, Rande Gerber and Michael Meldman, who own Casamigos together, are expected to stay with the company after its acquisition.
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.
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.
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.
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.
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.
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.
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.
MM Kumar, President of the National Company Law Tribunal, said the stringent law will put people involved in default to task.
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.
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 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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