Carlsberg

The investment is expected to further enhance production capabilities by adding a new can, glass, and keg line

Carlsberg, whose shares fell 1.3% in late morning trading, said it would receive a cash consideration, as well as Baltika Breweries' shareholdings in Carlsberg Azerbaijan and Carlsberg Kazakhstan

Now they could bring fines for companies and bans for celebrities endorsing tobacco and liquor ads deemed misleading, according to the top civil servant for consumer affairs

A letter citing a shortage of excise staff in the entire Mysuru district was sent to United Breweries, AB InBev, Carlsberg and B9 Beverages (Bira)

United Breweries account for about 50% of the segment which AB InBev follows at around 25%, while Carlsberg is the third largest company in the space with a share of around 18%

Competition Commission of India (CCI) on Tuesday cleared Carlsberg Breweries' proposed acquisition of an additional 33.33 per cent stake in Carlsberg South Asia Pte Ltd. The deal has been cleared under the green channel route. The proposed transaction entails Carlsberg Breweries A/S (CBAS) buying an additional 33.33 per cent of equity share capital (on a fully-diluted basis) in Carlsberg South Asia Pte Ltd (CSAPL). CBAS is involved in the business of manufacturing, marketing, and distributing alcoholic beverages under numerous brands worldwide. The company is present through Carlsberg India Pvt Ltd (CIPL) and does not have any other direct or indirect business presence in the country. CSAPL is the holding company of South Asian Breweries Pte Ltd, Singapore, which, in turn, is the holding company of CIPL. "There are no horizontal overlaps, vertical/complementary links between the activities of the parties and their respective groups/affiliates," CCI said. "The proposed transactio

Throws out the appeals of the beer makers, who were accused of cartelisation in the sale and supply of the beverage in various states and UTs

According to a source with direct knowledge of the matter, Carlsberg has taken action against two board members

Unilever, Carlsberg and Pernod Ricard are increasing the pressure on consumers worldwide with higher prices for Dove soap, beer and Havana Club rum

Zelenskyy said his govt is carefully considering a Russian demand of Ukrainian neutrality, a key point of contention as negotiators for both sides prepare for a fresh round of talks

Nepal-based Khetan Group and Carlsberg have been embroiled in a row since 2019 over how Carlsberg India has conducted internal inquiries into its business practices.

Top executives of Carlsberg, SABMiller and India's United Breweries exchanged commercially sensitive information and colluded to fix beer prices in India for 11 years, according to an antitrust report

The other seven directors, nominated by Carlsberg, found the practices were in line with industry norms and approved the 2018-19 results, the filing said.

CCI launched the investigation after AB InBev told the watchdog it had detected an industry cartel, leading in 2018 to dawn raids at the three brewers' offices to collect evidence

With the US Federal Reserve signalling two more interest-rate hikes this year, the Indian market's thirst for new paper - up 77 per cent so far in 2018 from last year - could dry up

India's beer market is expected to grow to $10.7 billion by 2020, up from $8.6 billion last year

India's beer market is expected to grow to $10.7 billion by 2020, up from $8.6 billion last year, according to Euromonitor International

Carlsberg barely livens up a lousy party

Carlsberg in India had been focusing on specific cities to grow sales