Latest Insights

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

Tilaknagar silent over brands sale to Distell 24 Mar 2015

Tilaknagar Industries has declined to comment on speculation that it is looking to sell some of its brands to South Africa’s Distell Group, but admitted it is still eyeing tie-ups.

Pernod Ricard extends India borrowing facility 23 Mar 2015

Pernod Ricard has confirmed that its India unit has increased its banking overdraft facility, but has declined to give a specific reason for the move.

Accolade gives Hardys cricket push in India 16 Mar 2015

Accolade Wines has recruited ex-cricketer Glenn McGrath to promote its Hardys wine brand in India.

Remy considers India options as rumours swirl 10 Mar 2015

Remy Cointreau has confirmed it is looking at “various” options around its presence in India, but has declined to comment on reports that it plans to close its office in the country.

Cerana Beverages' Bira 91 White, Bira 91 Blonde 9 Mar 2015

Indian craft brewer Cerana Beverages has released two variants of its Bira 91 beer brand in its home market.

Diageo's United Spirits shuts West Bengal site 6 Mar 2015

United Spirits has closed a manufacturing plant in the Indian state of West Bengal.

Rexam to build GBP50m India plant 17 Feb 2015

Rexam is to boost its can capacity in India with a new GBP50m (US$77m) plant in the south of the country.

Anheuser-Busch InBev exits RJ Corp India JV 16 Feb 2015

Anheuser-Busch InBev has quit its eight year-old joint venture in India with RJ Corp to go it alone in the country.

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.