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United Spirits' short-term pain, but future rosy 4 Sep 2014

Finally, after a near four-month delay United Spirits reported its full-year results today.


India: Everyone's Favourite Spirits Market 2 Jul 2014

Finally, after almost 20 months, Diageo has got what it initially wanted in India. The company today (2 July) confirmed it now holds the majority of shares in United Spirits. This achievement, however, has cost way more than Diageo initially expected; to the tune of around US$1bn.


Will Diageo's United Spirits buy raise spirits? 15 Apr 2014

As expected, Diageo has stepped up its bid to take majority control of India’s United Spirits Ltd (USL). The UK-headquartered company has launched a tender offer for a further 26% stake in the UB Group unit, which, if successful would raise its stake to around 55%.


Analysis - India optimism good for drinks 2 Apr 2014

A survey of consumers in India has revealed that alcoholic beverages may have the most to gain from high levels of optimism in the country.


just Five Years Ago: Diageo eyes United Spirits 29 Oct 2013

Five years ago this week talk of Diageo taking a stake in United Spirits first emerged. It set in train a series of events that this year saw the Smirnoff producer secure control of the Indian spirits firm.

Latest News

Hindustan Coca-Cola to expand bottling plant 29 Jan 2015

Hindustan Coca-Cola Beverages is to invest INR1.8tn (US$29m) in a new PET line at a plant in West Bengal.


Diageo's United Spirits stays in red in YTD 26 Jan 2015

United Spirits remains in the red in its year to date, but losses have slowed after a healthy rise in Q3 profits, thanks to its premium brands.


United Spirits shareholders approve licensing deal 12 Jan 2015

Diageo has welcomed a vote by shareholders of its United Spirits subsidiary, which will allow the Indian firm to produce and sell its parent company's brands in the country.


B-F appoints first new India GM for 18 years 9 Jan 2015

Brown-Forman has replaced the long-serving head of its India business unit.


Heineken silent on United Breweries stake rumours 7 Jan 2015

Heineken has declined to comment on reports that it is looking to raise its stake in India's United Breweries.


Cerana Beverages aims to raise US$10m 5 Jan 2015

Cerana Beverages is aiming to raise an extra US$10m to expand distribution of its Bira 91 beer brand.


SWA predicts FTA boost from Diageo's India buy 2 Jan 2015

The CEO of the Scotch Whisky Association (SWA) has said Diageo's takeover of United Spirits could aid ongoing efforts to end India's import tariffs on spirits.


India's Kerala state to ease alcohol restrictions 23 Dec 2014

An Indian state that proposed a complete alcohol ban within ten years is to water down its plans after an industry backlash, according to reports.


United Spirits bids for distribution deal approval 18 Dec 2014

United Spirits is again asking shareholders to vote on plans to allow it to produce and sell the spirits brands of parent Diageo in India.


John Distilleries to launch Paul John whisky in US 11 Dec 2014

John Distilleries, the Indian spirits producer, is gearing up to enter the US market in 2015 with its Paul John single malt whisky brand.