There have been more instances of a management team buying out the owners of a company after the pandemic. There are eight such transactions, called management buyouts (MBOs), in the five years ending 2024, according to data from tracker LSEG shared with Business Standard.
Carlsberg is looking for more acquisitions in India. Plans both organic and inorganic expansion route
India is currently among the top 3 markets in Asia in terms of expected growth rates.
Danish beer giant Carlsberg is all set to commence production from its 2 greenfield breweries - one each in Aurangabad & Kolkata. Carlsberg together with beer major Heineken is part of the $11 bn global takeover of British brewer Scottish & Newcastle, which has 37.49% stake in Mallya's United Breweries. Heineken is also planning to launch its flagship beer brand Heineken in association with Asia Pacific Breweries. Total beer market in India is valued at 8 million hectolitres.
Danish beer giant Carlsberg is looking at increasing investments in manufacturing and distribution in India.
Spain and Liverpool legend Luis Garcia believes that Indian football can touch global heights if the players are given exposure to different leagues abroad and nourish young talents and coaches methodically.
It took the Danish beer maker eight years to move among the top three.
Jeev Milkha Singh, Jyoti Randhawa and Arjun Atwal will lead the Indian challenge at the tournament.
Heineken, among the world's top brewing firms, had been in protracted negotiations with UB, India's largest brewing firm and owned by billionaire Vijay Mallya. However, according to UB sources, Heineken is understood to have now agreed to bring Asia Pacific Breweries' India operations into the UB fold, thus ending the year-long impasse.
In the Asian region, Japanese benchmark Nikkei 225 and Hong Kong's Hang Seng jumped in the range of 3-4 per cent. The gains in Asian markets, except India, followed the overnight rally on the Wall Street triggered by hopes of a new leadership at the White House. European stocks, however, slipped into red after a flurry of disappointing corporate announcements, including steel maker ArcelorMittal cutting its full-year forecast.
How three international brands plan to compete with UB and SAB Miller.
Talking about the company's portfolio expansion, APB-India CEO Ashwin Deo said, "Currently, we are looking at consolidating our presence and will look at introducing new products at various price points in the next eight to 10 months."
The Indian cricketer presented Hakan Yakin with the man of the match trophy after the Euro 2008 game between Switzerland and Portugal.
Beer market in India is expanding with new brands like Carlsberg or Budweiser making their way to retail counters across the country.
India's United Breweries has suggested close distribution ties with Heineken following the takeover offer by the Dutch brewer and Carlsberg for Scottish & Newcastle, which owns a stake in UB.
This is part of a worldwide deal under which S&N's global operations will be jointly acquired by Danish beer giant Carlsberg and Heineken for $15.4 billion. Under an agreement reached by three companies involved in the deal, Heineken will take over S&N's India operations.
Practical tips from Arvinder Gujral, who heads business development for Twitter
Atwal, 30, recieved the accolade, voted by fellow professionals on the tour, at a gala dinner on Saturday.
India's Ashok Kumar finished a creditable fifth in the inaugural USD 200,000 Carlsberg Masters golf tournament in Vietnam.
The Indian carded a fine four-under 68 to be tied fourth after the third round of the Carlsberg Masters golf tournament.
The Indian ace shares the second place with four others in the Singapore 2004 Caltex Masters golf.\n\n
The Indian ace moved to tied-25th from 57th spot overnight after a rain restricted second round.\n\n
Compatriots Arjun Singh, Amandeep Johl, Harmeet Kahlon and Jeev Milkha Singh were also way behind after the opening day in the Carlsberg Malaysian Open.
The Indian ace held off a stiff challenge from Retief Goosen to claim his second European title.
When rain stopped play, the Indian ace was cruising along at two-under par after eight holes, which gave him a tournament tally of 17-under.
Their poor showing on Saturday saw the Indian challenge in Singapore\n\nMasters fade.
The ace Indian golfer was tied for second place after the opening round in the Caltex Singapore Masters.
The Indian ace completed his third round in the Malaysian Open in four-under-par 67 for a two-shot lead over world No. 5 Retief Goosen.
The two Indian golfing aces were just a stroke behind world No 2 Ernie Els in the Caltex Singapore Masters.
The former Thai paratrooper registered his sixth triumph in Asia.
Through the past decade, Bihar's revenue from liquor has quadrupled
Urban Indians are developing a taste for freshly brewed and bottled craft beer.
The Volvo S60 Cross Country is a very capable car that can be handled across all weather and terrain conditions, says P Tharyan.
Two of the greatest modern exponents of yoga began their life in Mysore, under the tutelage of the legendary Krishnamacharya. For both of them, life was yoga. And yoga was life, says Sunaad Raghuram.
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