Carlsberg

Indian craft beer maker Bira 91 has raised $70 million in a funding round led by Japanese beer company Kirin Holdings Co Ltd as it looks to ramp up production amid strong demand for the alcoholic beverage, the two companies said on Tuesday.

Danish brewer Carlsberg said it is removing "certain" board representatives from its India unit that come from its partner Nepal-based Khetan Group, accusing them of acting against their joint venture's interests.

Carlsberg said on Wednesday it had won an arbitration case that was filed by its joint venture partner in India, following a row over the Danish brewer's business practices in the country.

Competition Commission on Friday imposed penalties totalling over Rs 873 crore on United Breweries Ltd, Carlsberg India, All India Brewers' Association (AIBA) and other individuals for cartelisation in the sale and supply of beer in various states and Union Territories.

India's antitrust watchdog today imposed a penalty of Rs 750 crore on beer giant United Breweries and Rs 120 crore on Carlsberg India in a case related to cartelisation of beer prices in the country.

A May 2018 EY internal report on an audit of two Carlsberg warehouses found underage labourers at a location in Jharkhand

Executives' conversations, WhatsApp messages and e-mails contained in the report show the companies regularly and collectively strategised in seeking price increases in "several states"

The investigation has found that 15-20 executives from the three brewers were involved in discussions of beer prices before they were submitted to state regulators.

Google Doodle: Google today honours Danish biochemist Soren Peder Lauritz Sorensen for his revolutionary work in introducing to the scientific community, the concept of the pH scale.

European shares slipped on Wednesday, with Austrian brickmaker Wienerberger , brewer Carlsberg and UK insurer Admiral sliding after publishing results.

Malaysia plans to raise the minimum age for alcohol consumption from 18 to 21, it said in a filing to the World Trade Organization today.

Carlsberg said today it was cutting 2,000 white-collar jobs as the Danish brewing giant tries to come to grips with a shrinking Russian beer market.

AIBA, an industry body of breweries operating in India, is also demanding a separate classification of beer from hard-drinks or spirits citing lesser alcohol content.

Due to the difficult macro environment in the region, the Russian beer market declined by an estimated nine percent and the Ukrainian beer market by an estimated 14 percent.

Suspected Malaysian militants loyal to the extremist Islamic State movement bought bomb-making material ahead of a proposed attack on a Carlsberg brewery near the capital Kuala Lumpur, a top anti-terrorism official said.

Indian craft beer maker Bira 91 has raised $70 million in a funding round led by Japanese beer company Kirin Holdings Co Ltd as it looks to ramp up production amid strong demand for the alcoholic beverage, the two companies said on Tuesday.

Danish brewer Carlsberg said it is removing "certain" board representatives from its India unit that come from its partner Nepal-based Khetan Group, accusing them of acting against their joint venture's interests.

Carlsberg said on Wednesday it had won an arbitration case that was filed by its joint venture partner in India, following a row over the Danish brewer's business practices in the country.

Competition Commission on Friday imposed penalties totalling over Rs 873 crore on United Breweries Ltd, Carlsberg India, All India Brewers' Association (AIBA) and other individuals for cartelisation in the sale and supply of beer in various states and Union Territories.

India's antitrust watchdog today imposed a penalty of Rs 750 crore on beer giant United Breweries and Rs 120 crore on Carlsberg India in a case related to cartelisation of beer prices in the country.

A May 2018 EY internal report on an audit of two Carlsberg warehouses found underage labourers at a location in Jharkhand

Executives' conversations, WhatsApp messages and e-mails contained in the report show the companies regularly and collectively strategised in seeking price increases in "several states"

The investigation has found that 15-20 executives from the three brewers were involved in discussions of beer prices before they were submitted to state regulators.

Google Doodle: Google today honours Danish biochemist Soren Peder Lauritz Sorensen for his revolutionary work in introducing to the scientific community, the concept of the pH scale.

European shares slipped on Wednesday, with Austrian brickmaker Wienerberger , brewer Carlsberg and UK insurer Admiral sliding after publishing results.

Malaysia plans to raise the minimum age for alcohol consumption from 18 to 21, it said in a filing to the World Trade Organization today.

Carlsberg said today it was cutting 2,000 white-collar jobs as the Danish brewing giant tries to come to grips with a shrinking Russian beer market.

AIBA, an industry body of breweries operating in India, is also demanding a separate classification of beer from hard-drinks or spirits citing lesser alcohol content.

Due to the difficult macro environment in the region, the Russian beer market declined by an estimated nine percent and the Ukrainian beer market by an estimated 14 percent.

Suspected Malaysian militants loyal to the extremist Islamic State movement bought bomb-making material ahead of a proposed attack on a Carlsberg brewery near the capital Kuala Lumpur, a top anti-terrorism official said.