New Delhi, March 24 United Spirits Ltd (USL) announced on Tuesday the sale of its IPL franchise, Royal Challengers Bangalore (RCB), in a Rs 16,660 crore all-cash deal to a consortium comprising Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone.In a regulatory filing...
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New Delhi, March 23 Asgard Alcobev Ltd announced on Monday the appointment of Ronak Jain as its new Managing Director.With over 15 years of experience in the liquor and beer industry, Jain is expected to lead the company's strategic realignment and long-term growth, according to a company...
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New Delhi, February 18 Asgard Alcobev, formerly known as Banganga Paper Industries, has completed the acquisition of CMJ Breweries, a leading contract brewing facility in Northeast India.The company has acquired a 78.9 per cent stake in the equity share capital of CMJ Breweries pursuant to a...
Lucknow, February 13 Retail liquor prices are set to increase in Uttar Pradesh from April, as the state has approved the excise policy for 2026-27, which focuses on an export-focused framework and revised MRP norms to boost revenue.According to a press statement, the state cabinet cleared the...