Latest Insights

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.

just the Facts - Tilaknagar Industries 8 Aug 2013

Earlier this week, Tilaknagar Industries posted its Q1 results. At the same time, local reports suggested that Suntory and Pernod Ricard are both considering making a move to buy a 15% to 20% stake in the Indian spirits firm.

Latest News

Tilaknagar Q1 profits rise despite volumes fall 18 Aug 2014

Tilaknagar Industries has posted a sharp rise in profits but warned of “challenging” conditions ahead as volumes and sales fell.

United Breweries Holdings Q1 alcohol sales dip 14 Aug 2014

United Breweries Holdings has reported a drop in first-quarter sales from its alcohol operations, but profits rose in the period.

Coca-Cola Co eyes expansion in Telangana 12 Aug 2014

The Coca-Cola Company has confirmed it has held “exploratory” talks with officials over expanding its operations in the Indian state of Telangana.

Britvic takes Fruit Shoot to India 6 Aug 2014

Britvic has begun the rollout of its Fruit Shoot children's soft drinks brand in India.

India's ITC to expand into beverage sector 30 Jul 2014

Indian cigarette maker ITC is to enter the beverage market with a range of fruit juices and dairy drinks.

Tata Global Beverages Q1 sales up 29 Jul 2014

Tata Global Beverages has seen a rise in first-quarter sales, but profits were dragged down by investments in new ventures.

Allied Blenders restarts chase for Tilaknagar 22 Jul 2014

Allied Blenders & Distillers and Tilaknagar Industries have reopened talks over a potential merger, just-drinks has learnt.

United Spirits to buy India factory for IMFL boost 15 Jul 2014

United Spirits has agreed a deal to acquire J P Impex Incorp's Karnataka factory for INR115m (US$1.9m).

United Spirits' shareholders approve W&M sale 7 Jul 2014

Shareholders in United Spirits have approved the sale of its Scotch whisky unit, Whyte & Mackay, to the Philippines' Emperador Inc.

Diageo breaks 50% control of United Spirits 2 Jul 2014

Diageo has confirmed the completion of its latest tender offer for shares in United Spirits and is now the majority controller of the Indian firm.