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Molson Coors gulps down Cobra Beer

American brewer Molson Coors has acquired a majority stake in the Karan Bilimoria-owned Cobra Beer in Britain. It will pay 14 million (around Rs 108 crore) for a 50.1 per cent stake in a new joint......

Brexit brings bad news to Indian, global corporates

Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985. IMAGE: Big swings in sterling will be a headache for some international......

Bihar's liquor industry faces political fizz

Through the past decade, Bihar’s revenue from liquor has quadrupled Whenever he visits his company’s brewery and packaging plant 39 km from Patna, Karan Bilimoria, deputy lieutenant of......

Aim was to brew India's finest beer: Cobra founder

I like refreshing lager and English ale but found that neither the gassy lager nor ale went with food, says founder of Cobra beer. Lord Karan Billimoria, who began exporting it to the United......

Spirits business sloppy globally, but not in India

For brewers globally, 2009 was possibly the most depressing of times when a record six pubs closed everyday in Britain alone due to the economic downturn, but this did not dampen the spirit of......

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