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  • Tilaknagar Industries acquires Pernod Ricard India's Imperial Blue whiskey biz for Rs 4,150 crore

    Pernod Ricard said the sale will enable it to fully tap into premiumization trends and support sustainable growth

  • Tilaknagar Industries enters into exclusive talks for acquisition of Pernod Ricard's Imperial Blue whiskey

    Tilaknagar Industries enters into exclusive talks for acquisition of Pernod Ricard's Imperial Blue whiskey

    Through the Imperial Blue sale process, Pernod Ricard can focus on higher-margin, premium brands like Glenlivet, Jameson, and Chivas Regal.

  • Pernod Ricard loses bid for New Delhi licence again amid probe

    Pernod Ricard loses bid for New Delhi licence again amid probe

    The order comes despite an Indian appeals authority in February asking city officials to reconsider the rejections as investigations against Pernod for allegedly breaching the city's liquor policy in 2021 had not so far resulted in any conviction.

  • Competition Commission seeks official documents in Pernod Ricard probe

    Competition Commission seeks official documents in Pernod Ricard probe

    The case is among growing challenges for Pernod in India, its largest market by volume sales

  • India antitrust body raids Pernod, AB InBev in liquor industry crackdown, sources say

    India antitrust body raids Pernod, AB InBev in liquor industry crackdown, sources say

    Wednesday’s surprise raids by the Competition Commission of India (CCI) targeted offices in the city of Hyderabad, and some retailers in nearby Telangana state, the five sources said, in one of the biggest such industry crackdowns in recent years.

  • Race for Imperial Blue: Tilaknagar Industries and Inbrew Beverages gear up for final-round swig

    Race for Imperial Blue: Tilaknagar Industries and Inbrew Beverages gear up for final-round swig

    With the sale process of Imperial Blue, French liquor major Pernod Ricard can focus on higher-margin, premium brands such as Glenlivet, Chivas Regal, and Jameson

  • Pernod Ricard denied breaching India law. Its lawyers said otherwise: Report

    Pernod Ricard denied breaching India law. Its lawyers said otherwise: Report

    Enforcement Directorate in January 2023 accused Pernod Ricard India (PRI) of engaging in money laundering

  • New Delhi city rejects Pernod liquor licence appeal, shows document

    New Delhi city rejects Pernod liquor licence appeal, shows document

    The rejection adds to Pernod's India woes, with the French drinks group facing two antitrust cases in India while it also contests a tax demand for nearly $250 million for alleged undervaluation of imports

  • Indian antitrust regulator checks if Pernod colluded with New Delhi retailers

    Indian antitrust regulator checks if Pernod colluded with New Delhi retailers

    With brands such as Chivas Regal, Glenlivet and Absolut vodka, Pernod has a share of 17% in a liquor market it says is its second biggest globally by net sales, but one where it is embroiled in licence, tax and antitrust difficulties.

  • Delhi excise policy scam case: SC grants bail to Pernod Ricard executive

    Delhi excise policy scam case: SC grants bail to Pernod Ricard executive

    Senior advocate Harish Salve appeared for the executive, Benoy Babu, and argued that he has been in custody for the last 13 months and that he does not occupy a policy making position in Pernod Ricard.

  • Delhi excise case: Court denies extension of interim bail to liquor major's executive

    Delhi excise case: Court denies extension of interim bail to liquor major's executive

    Special Judge M K Nagpal dismissed Babu's application seeking extension of his interim bail for three weeks on the ground of his daughter's medical condition.

  • Pernod India's corporate affairs head quits: Report

    Pernod India's corporate affairs head quits: Report

    French spirits giant Pernod Ricard's India head of corporate affairs, Yashika Singh, has resigned

  • Pernod Ricard eyes strong Q4 as consumer demand recovers in China

    Pernod Ricard eyes strong Q4 as consumer demand recovers in China

    Pernod, the world's second-biggest spirits group after Diageo (DGE.L), said that it expected consumer demand to recover further in China post COVID restrictions in the fourth quarter. It also banked on more favourable comparables in the United States and China, where it planned further price increases.

  • Spirit war brews up as Delhi refuses to renew sales licence of Pernod Ricard

    Spirit war brews up as Delhi refuses to renew sales licence of Pernod Ricard

    The excise department of the government of the national capital territory of Delhi had last week decided not to renew the sales licence of Pernod Ricard, said official sources. India is one of the growth markets for Pernod Ricard.

  • New Delhi city refuses to renew Pernod's liquor sale licence, cites probes

    New Delhi city refuses to renew Pernod's liquor sale licence, cites probes

    The April 13 order from city authorities, seen by Reuters and not previously reported, said the decision was reached after reviewing Pernod's licence application along with "considerable documents" received from investigating agencies in India.

  • Johnnie Walker, Absolut Vodka makers have women leaders: Meet Debra Crew and Ann Mukherjee

    Johnnie Walker, Absolut Vodka makers have women leaders: Meet Debra Crew and Ann Mukherjee

    Diageo appointed Chief Operating Officer (COO) Debra Crew as CEO to replace retiring long-time boss Ivan Menezes, becoming one of only a handful of women to lead a company in Britain's blue-chip FTSE 100 index.

  • Indian agency accuses Pernod Ricard of more policy violations

    Indian agency accuses Pernod Ricard of more policy violations

    The latest accusations against Pernod by India's financial crime agency, the Enforcement Directorate, detailed in the agency's 14,000-page filing of Jan. 6 in a New Delhi court, formally name the French group's local unit as an accused.

  • Enforcement Directorate alleges France's Pernod violated Delhi city rules to boost market share: Report

    Enforcement Directorate alleges France's Pernod violated Delhi city rules to boost market share: Report

    Pernod Ricard India said it strongly denies the allegations of the directorate, adding that it "will continue to fully cooperate with the Indian authorities in this matter."

  • Delhi excise case: Court to hear liquor giant exec's bail plea on January 19

    Delhi excise case: Court to hear liquor giant exec's bail plea on January 19

    Special Judge M K Nagpal, who was scheduled to hear the arguments on Babu's bail application on Monday, adjourned the matter on pleas made by the Enforcement Directorate (ED) as well as the advocate appearing for the accused.

  • Pernod Ricard appoints Paul-Robert Bouhier as India MD

    Pernod Ricard appoints Paul-Robert Bouhier as India MD

    Paul-Robert Bouhier takes the reins from Thibault Cuny, who stepped down in October 2022 due to health issues.

  • Pernod Ricard India CEO Thibault Cuny steps down due to health reasons

    Pernod Ricard India CEO Thibault Cuny steps down due to health reasons

    Thibault Cuny, who has been dealing with health concerns for some years, will take a break from his professional duties on medical advice, but will stay on with Pernod, the company said in its statement to Reuters.

  • Her mom was killed by a drunk driver. Today, Ann Mukherjee is CEO of Absolut Vodka

    Her mom was killed by a drunk driver. Today, Ann Mukherjee is CEO of Absolut Vodka

    Ann Mukherjee, 56, is the CEO and chairman of Pernod Ricard North America, the world’s second-largest seller of wine and spirits

  • Spirits major Pernod Ricard clocks 19% growth in Indian market in January-March

    Spirits major Pernod Ricard clocks 19% growth in Indian market in January-March

    Some of its key brands such as Royal Stag, Blenders Pride and 100 Pipers had a very dynamic performance in the domestic market, the company said in its Q3 FY22 sales data released on Thursday.

  • The Tippling Point | The Absolut history of Swedish vodka

    The Tippling Point | The Absolut history of Swedish vodka

    Absolut Vodka launched in America in 1979, and got a shot in the arm when Andy Warhol created over 50 artworks around the bottle.

  • India note ban, liquor curbs hit Pernod Ricard sales growth

    India note ban, liquor curbs hit Pernod Ricard sales growth

    Pernod, the world's second-biggest spirits group after Britain's Diageo, kept its profit outlook unchanged and achieved some robust quarterly growth in the United States and in Europe.

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