India's food safety regulator inspected a Pernod Ricard plant and collected whisky samples amid a broader crackdown on the alcohol sector. The probe focuses on hygiene and packaging compliance, follow
An Indian court rejected Pernod Ricard's request to sell liquor in New Delhi due to an ongoing investigation, impacting its largest market while the company faces a $314 million tax demand.
Pernod Ricard confronts a $300 million tax dispute, antitrust probes, and license bans in India, straining its operations in a key global market.
French distiller Pernod Ricard is reportedly preparing an IPO for its Indian unit, engaging Goldman Sachs and legal counsel per Bloomberg. The deal remains unverified by Reuters.
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