Diageo’s United Spirits plans merger with its Indian subsidiary Pioneer Distilleries

INDIA – United Spirits Limited, the Indian unit of the global liquor company Diageo, has proposed a merger with its majority owned and listed subsidiary Poineer Distillers Limited, reports India Times. According to United Spirits, […]

United Spirits’ premium alcohol segment help push profits 29% higher

INDIA – United Spirits, a subsidiary of Diageo and India’s largest spirits manufacturer has reported 29% increase in profits to US$11.80 million helped by strong growth in premium alcohol segment in the first quarter, ET […]