United Spirits, Diageo's Indian unit, was searched by tax authorities investigating misclassified Scotch imports to evade tariffs, though the company reported no operational impact.
Diageo's Indian unit United Spirits reported a 2% profit drop and 2.7% revenue decline in Q2 due to weak sales of lower-priced brands amidst tax hikes and regulatory scrutiny in Maharashtra and Karnat
A trade group warns India's investigation into bulk Scotch imports undermines India-UK tariff deal benefits. Diageo and Pernod face scrutiny over misclassification claims affecting their reduced tax r
Indian tax authorities investigate Pernod Ricard and Diageo over potential tariff misclassification of bulk Scotch imports under the India-UK trade deal. Both companies confirm cooperation with regula
Diageo agreed to reformulate key Indian whisky and rum brands after regulators banned them for breaching flavoring rules. The ban will be lifted upon compliance, affecting top-selling products like Ro
Diageo contests India's ban on McDowell's rum, alleging regulatory due process violations regarding mislabelling and artificial flavour claims while authorities review standards.
India's food safety regulator warned Diageo over misleading claims regarding whisky maturation in American oak casks. Sales of several spirits were also banned due to improper use of artificial flavor
India's food safety regulator banned sales of specific whisky and rum products from United Spirits and Inbrew Beverages after tests revealed unauthorized flavoring additives. Manufacturers may sell ex
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