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Tag: United Spirits

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

One-third of the world’s fastest-growing spirits brands are Indian: Report

One third of͏ the 30 fastest-growing spirits brands in t͏he͏ wo͏rld are Indian, according͏ to the latest report b͏y Drinks International. Moreo͏ver, six of...

Big liquor and beer brands to make a comeback in Andhra Pradesh

Many liquor brands that had disappeared from shelves over the past five years are making a comeback in Andhra Pradesh, as per a report...

From party ender to party starter: Tequila sales double in India, becoming fastest-growing spirit

Tequila used to be synonymous with the end of a party, marked by the familiar three-step ritual: salt, shot, and lime. But times have...

United Spirits reports INR 384 Cr net profit in Q4, driven by strategic initiatives and premiumization

Diageo India, operating under United Spirits Ltd and a subsidiary of the British liquor powerhouse Diageo, has reported a substantial 88% surge in standalone...

United Spirits acquires 15% stake in alcohol beverage brand Pistola

United Spirits, a leading player in the spirits industry, has acquired a 15% stake in Inspired Hospitality, the parent company of the alcohol beverage...

United Spirits faces INR 5.51 Crore tax demand over non-submission of statutory forms

United Spirits Ltd has stated that it has received a tax demand of INR 5.51 crore, including interest, for the non-submission of certain statutory...

United Spirits hit with INR 4.47 Crore tax demand by Maharashtra State Authorities

Liquor maker United Spirits, now Diageo India, on Wednesday said it has received a tax demand of INR 4.47 crore from the Maharashtra state...

FMCG giants boost advertising spend, surpass pre-Covid levels amid economic boom

In the December quarter, advertising expenses as a proportion of sales at leading fast-moving consumer goods (FMCG) companies exceeded pre-Covid levels for the first...

Indian spirits market sees slowed growth at 4% in 2023: Tax hikes and shifting consumption trends impact industry dynamics

The demand for spirits across various segments slowed to 4% in the previous calendar year, marking a significant decline from the 12% growth seen...

Diageo India launches micro-enterprise initiative empowering smallholder women farmers and tackling crop wastage in Nashik

Diageo India (United Spirits), a major player in the alcoholic beverage industry, has launched a micro-enterprise program to empower women farmers with small holdings...

India’s consumer market sees contrasting trends: Premium brands soar as mass-market products struggle to keep pace

Hindustan Unilever and United Spirits collectively showcase a juxtaposition that appears to underscore the prevailing purchasing patterns in India's consumer market. While premium brands...

United Spirits reports 63% YoY growth in Q3 net profit, reaches INR 350 Crore

In the October-December quarter, United Spirits reported a consolidated net profit of INR 350.2 crore, marking a 63 percent year-on-year (YoY) increase from the...

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