Archive for the 'Beverages' Category

Heineken Beers in India soon

Heineken Beers in India soon. Hope we can have a sip of Indian Made Heineken soon.
Heineken NV, the world’s third-largest brewer, has agreed a deal to brew and sell its own brand beer in India and will integrate its
various other operations in the Asia Pacific region.
In a complicated series of transactions, Heineken will acquire APB [...]

Pepsi Ultra Cheap Anti Anaemic Health Drink

Pepsi is planning to introduce an ultra cheap soft drink that will aid fight against anaemia in women in rural India.
The product expected to be launched as early as next year may cost just Rs 1 or 2 for a drink.
“The aim is to reduce incidence of anaemia among women in rural India by 20 [...]

Coke ups concentrate prices

Soft drink major Coca-Cola has hiked the prices of concentrates—the main ingredient in soft drinks—by a steep 10-15% on an all-India basis for most of its brands. While the move has begun hurting its bottling partners, which are already operating under pressure, Coca-Cola has no immediate plans of hiking the retail prices of its products.
For [...]

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, [...]