French spirits group Pernod Ricard has put new Indian investments on hold due to long-running tax disputes with authorities on valuing liquor imports
Unilever, Carlsberg and Pernod Ricard are increasing the pressure on consumers worldwide with higher prices for Dove soap, beer and Havana Club rum
The 150% tax on imported liquor has long been a sore point for the industry, and poses a "large challenge" for Pernod Ricard, South Asia CEO Thibault Cuny said
World's second largest wine and spirits firm banks on a direct-to-consumer strategy rather than intermediaries
In a chat with Business Standard's Surajeet Das Gupta, French distiller Pernod Ricard's South Asia chief Thibault Cuny talks about his India-strategy and the customer experience he wants to drive in
By 0704 GMT Pernod shares had gained 0.3% at 173.65 euros.
Though demand improved in the July-September quarter in the Indian market in comparison to the preceding April-June period, an overall decline in sales was reported
Pernod Ricard, world's second-biggest spirits group posted sales of $2.13 bn in 3 months to March 31