Archive for the 'Beverages' Category

PepsiCo misses IPL action, Coke thunders

PepsiCo, traditionally one of Indian cricket’s largest advertisers, has been caught on the backfoot at the ongoing Indian Premier League (IPL).
IPL’s official beverage partner PepsiCo faced a near blackout at the opening match on Friday in Bangalore. PepsiCo has invested Rs 50 crore in a five-year deal as IPL’s official pouring rights and beverage partner, […]

Mallya wants to buy Heineken’s 37.5% stake in UB

Liquor tycoon Vijay Mallya is open to buying back Heineken’s 37.5% stake in United Breweries (UB), in which he holds an equal stake, at the prevailing market price. “If you ask me whether I would buy them back, my answer is at today’s price, sure, I am a buyer,” Mr Mallya told ET. But Heineken […]

United Spirits’ winery to start in 2008

The United Spirits winery in Baramati is ready to take up its first ever harvest of the 2008 vintage. The company will be launching six varieties of wines this year with a target of 5 million bottles in five years.
Built over a plot of 300 acre, the crushing at the winery has begun and the […]

Champagne Indage

Champagne Indage Ltd has informed that the Company is entering into an arrangement (through its Wholly owned subsidiary, Indage Holdings Ltd.) with a Swedish Company for acquisition of distillery assets, ownership / licensing of luxury vodka brands produced in Sweden and their distribution rights with an option to acquire equity upto 49% in the Swedish […]

Tata Tea Results : Tata Tea Q2 net dips 43.71% at Rs 109.24 cr

Tata Tea Q2 net dips 43.71% at Rs 109.24 cr
Tata Tea Ltd has announced the following audited results for the quarter ended September 30, 2007:
The company has posted a profit after tax of Rs 64.81 crore for the quarter ended September 30, 2007 as compared to Rs 163.92 crore for the quarter ended September 30, […]