"Indian market for us is growing at a double digit rate in the international spirits category. The market is incredibly important for our brand as every year around 19 million people enter the legal alcohol purchasing age here," said James Thompson, chief marketing officer of Diageo (Asia Pacific
12.42 PM Sep 10th 2012
Sources say the committee is open to USL retaining the management control. Diageo may seek to buy upto 25% stake in USL. Drinks giant will have option to hike stake at later stage. Sources also say Diageo will seek three-four board seats in USL. Diageo-USL will jointly share sales, marketing
2.07 PM Sep 7th 2012
Diageo India Advisory Committee may have discussed United Spirits (USL) sale, reports CNBC-TV18, quoting sources. Sources say the committee is open to USL retaining the management control. Diageo may seek to buy upto 25% stake in USL. Drinks giant will have option to hike stake at later stage
2.04 PM Sep 7th 2012
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.