British brewer SABMiller buys Foster's India

The United Kingdom-based SABMiller plc, one of the world's leading brewers, on Tuesday announced it has acquired Foster's India, belonging to Australian drinks giant Foster's, for $120 million on a......

SABMiller to buy Foster's India for $120 mn

Australia's beverage company Foster's Group Ltd has sold its brewing interests in India and Vietnam for $225 million, marking its exit from beer-making in Asia.The Foster's brand in India has been......

SAB to take control of Shaw Wallace Breweries

After more than a year of negotiations, SABMiller Plc, the world's second largest beer company, will take management control of the Manu Chhabria family-controlled Shaw Wallace Breweries. The two......

Govt to settle almost all retro-tax cases this month

The government will settle almost all the retrospective tax cases this month, closing a chapter that plagued India's reputation as an investment-friendly destination, a top official said on Friday.......