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UB, Heineken reportedly near to sealing deal

After nearly 18 months of negotiations, United Breweries and Heineken are understood to be nearing an agreement for combined operations in India. Heineken, among the world's top brewing firms, had......

Cheers! Crisis to push hard drinks market

Global meltdown, sky-high inflation rate and gloomy economic outlook were of little concern to Indians in 2008, as they chose to be high on spirits, thus propelling the alcoholic beverages industry......

Cobra ready to split UK and Indian businesses

Cobra Beer, the Indian-themed lager brand, is prepared to split its UK and Indian businesses and sell them to separate buyers as its founder, Lord Bilimoria, seeks $274m for the group. Lord......

No hostile presence in India: Heineken

Dutch beer major makes it clear as it prepares to acquire Scottish & Newcastle's stake in UB. This is as definitive as it can get. Dutch global beer major Heineken is understood to have outlined......

Carlsberg to open 2 more breweries in India

Danish beer giant Carlsberg is all set to commence production from its two greenfield breweries - one each in Aurangabad (Maharashtra) and Kolkata - by the second quarter of this calendar year.......

Rooney injury not bad for business - Nike

Even though Nike has invested millions of pounds to be one of Wayne Rooney's sponsors, the company refuses to see the England striker's broken foot as a business disaster. "While we are very, very......

Randhawa ready for Volvo Masters of Asia

Jyoti Randhawa defends his US $600,000 Volvo Masters of Asia title this week at Thai Country Club in a far better prepared manner than his last Volvo event.Two weeks ago the Indian played the first......

Indians vie for British Open berth

Jyoti Randhawa would lead a strong group of six Indians who will vie for a place at the prestigious British Open when the 36-hole International Final Qualifying Asia begins in Kuala Lumpur on......

Atwal, Hoey set early pace in Jakarta

Former Asian number one Arjun Atwal and Northern Ireland's Michael Hoey provided the early fireworks with matching eight-under-par 62s in the opening round of the US$1 million Enjoy Jakarta......

Johl third at Macau Open

American Jason Knutzon birdied the last two holes to win the US$275,000 Macau Open by one stroke over Thailand's Thaworn Wiratchant after a thrilling final round on Monday.Knutzon fired a closing......

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