Mallya is the first Indian ever to become the owner of a Formula One Team. The Netherlands-based Mol Family and Mallya have formed a consortium that is now the joint owner of Force India Formula One, which is also India's first-ever Formula One Team and represents India's first, truly global sports foray.
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.
'We are not laying any of our team off. We cannot do that especially at this time.' 'It will be hard for them to find other jobs now and we will not let our team down now.'
As our planet depletes natural resources at a frantic pace, one brand of alchemy that will become critical to humanity's survival is technology that turns sea water into drinking water.
Mukesh Ambani-promoted Reliance Industries Ltd (RIL) is evaluating a plan to set up its third refinery at Jamnagar in an ambitious project to reach a total capacity of 100 million metric tonne per annum, the largest at a single location in the world. The company has appointed a global oil and refinery consultancy firm to evaluate the feasibility of the project, which will help capitalise the increased requirement for global crude distillation capacity.
Liquor companies are set to raise prices, thanks to the hike in the cost of molasses, a by-product of sugar used to make potable alcohol. "Alcohol prices may rise as much as 20 per cent due to lower molasses production," said Abhishek Khaitan, managing director, Radico Khaitan, the country's second largest liquor producer.
RIL will shut a 325,000 barrels per day crude distillation unit (CDU) at J-1 from July 3, a company statement said.
The US has hailed India's recent move to withdraw the additional duty on beer, wine and distilled spirits, saying it was a positive step.
'His speech at the bhoomi puja will stand out for a long time in the memory of those who listened to it for touching the pinnacle of excellence and brilliance in both style and content,' declares B S Raghavan, the distinguished civil servant.
Locals disdain suds, but foreign brewers are betting they'll switch to the stuff.
Continuing with his acquisition juggernaut on foreign shores, liquor baron Vijay Mallya of United Breweries Group has now set his sights on New Zealand based company Independent Liquor Ltd.
The United States has approached the World Trade Organisation against India over the high customs duty it imposes on import of wine and distilled spirits.
Smirnoff known to provide its consumers around the world the most memorable and unique nights out is hoping its latest clubbing experience will leave Mumbaikars spell-bound.
This will be the largest M&A by an Indian firm, to be complete by January-end.
Aluminium is a metal widely used for many industrial purposes
Grover Vineyards plans to sparkle, literally and otherwise. In three years, come the festive season of 2010, it will launch its sparkling wine. Plus, it has taken a series of steps which will enable it to retain its presence at the quality end of the booming Indian wine market. This market is set to drastically change with the sharp cut in import duty on foreign wines and the launch of wines by brewers and distillers like UB, Seagram and Diageo.
If the United States has its way in the World Trade Organisation, Indians may soon be able to savour the famed Californian wine for a much lesser price.
She paved the way for potato vodka and gluten-free baking. 300 years ago! And that's only two of the many cool things about this Swedish scientist the world is talking about.
A phased roll-out of prohibition will hit revenues of companies, which get 5% of their volume sales from the state
For those aspiring to be super-managers, the journey is exciting and rewarding
Of all the treatments available, Ayurvedic medications are considered as the best remedial measures to uplift the depleting calcium levels in the body, notes Mohamad Yusuf N Shaikh, Founder, Kudrati Ayurved Health Centre.
Eyewitness said leaping flames and billowing smokes were witnessed near the refinery even as a large number of fire tenders in and around Jamnagar were pressed into service.
As many as 47 injured people (of the total 201) were undergoing treatment at various hospitals. Rest were discharged.
Indian whisky brewed by a Bangalore-based distillery has been launched in Scotland, the home of whisky connoisseurs and the much-celebrated Scotch.
Caution demands a sensible strategy even in bullish times.
"The Governor's role is to distil the best of aspirations of the people from the vicissitudes of politics. It is like preserving the light of Dharma," he said while inaugurating the second Governors' Conference in New Delhi.
Engineers India said on Friday that it has won a Rs 1100 crore (Rs 11 billion) contract for upgradation of Hindustan Petroleum Corporation's Mumbai refinery.\n\n\n\n
Taj Business Hotels is planning to increase the number of its hotels in the coming years and also proposed to invest Rs 50 crore (Rs 500 million) to refurbish some restaurants and bars in its hotels during 2005-06, TBH chief operating officer Jyoti N
Shameem Akthar digs into her sadhana kit for an immunity-boosting sequence.
The growth of exports to India stood out, with value up 28 per cent to 43 million pounds
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