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Saturday 13 February 2016

India

Mallya costs Diageo £100m in debt default

VJ Mallya, the non-executive chairman and former owner of India’s United Spirits, has cost Diageo $135 million (£93m) by defaulting on a debt to Standard Chartered Bank, reports suggest.

Wednesday, February 10th, 2016 No Comments »

Australia ‘needs to keep engaging with India’

India’s relatively small export market still shows strong potential for Australian fine wine, says one industry body.

Wednesday, February 3rd, 2016 No Comments »

Indian wine ‘heavily impacted’ by climate change

India’s largest wine producer has told of the “highly apparent” impact that climate change has made on this year’s harvest, making it the most challenging in years.

Wednesday, January 13th, 2016 2 Comments »

United Spirits seeks to declare itself ‘sick’

United Spirits, India’s market leader in spirits in which Diageo holds a controlling 55% stake, wants its shareholders to declare the company “sick”.

Monday, January 4th, 2016 No Comments »

Mallya clings on to United Spirits chair

Vijay Mallya remains non-executive chairman of United Spirits (USL) as he officiated at yesterday’s delayed annual general meeting of the company.

Wednesday, November 25th, 2015 No Comments »

Mallya ‘about to step down’ from USL

Vijay Mallya is about to step down as chairman of Diageo-controlled United Spirits before what could be an explosive annual meeting on November 24, reports from India claim.

Monday, November 9th, 2015 No Comments »

Indian wine ‘more than just a novelty’ in UK retail

Indian wine’s sustained good performance in Marks & Spencer stores shows that it has more than mere novelty value for UK consumers, according to M&S wine buyer Emma Dawson.

Monday, November 9th, 2015 No Comments »

London gears up for first Indian wine fair

The first major showcase of Indian wine is set to take place in London this week.

Tuesday, November 3rd, 2015 1 Comment »

Trade talk: Views on Asia’s wine trade

Judges of the HKIWSC reveal their thoughts on the current state of the wine industry across Asia, speaking to dbHK at yesterday’s SPIT Conference hosted by Meiburg Wine Media.

Tuesday, October 6th, 2015 No Comments »

Premium beer sales surge in Asia

Consumers’ growing incomes in Asia are fuelling an upsurge in off-trade premium beer sales, according to a recent industry report.

Thursday, September 24th, 2015 No Comments »

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