The Supreme Court has upheld a Delhi High Court order reviving Crocs' passing-off suits against Indian footwear makers, ruling that such claims can proceed even when trade dress is a registered design
Brewing company Carlsberg has committed to invest Rs 1,250 crore in the food processing sector in India, which is a "priority growth market" for the Danish group. This includes setting up greenfield facilities and expanding its existing units across the states by Carlsberg India, the company said in a statement on Monday. The company has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India, at World Food India 2025, which was held during September 25-28 in the national capital, it added It will invest "Rs 500 crore towards a new greenfield facility in Ahilyanagar, Maharashtra, Rs 400 crore for brownfield expansion in Hoogly, West Bengal, Rs 350 crore for brownfield expansion in Mysuru, Karnataka," the company, which is a step-down unit of Danish brewing giant Carlsberg, said. The agreement reaffirms Carlsberg's long-term commitment to India and will significantly strengthen its brewing and packaging footprint in the
Carlsberg Group, one of the leading global brewery groups, on Wednesday launched its first-ever IT Global Capability Centre in Gurugram as part of its plans to accelerate digital transformation while deepening its presence in one of its most strategic growth markets, India. The centre is a key milestone in Carlsberg's global digital transformation journey, underscoring India, Gurugram in particular, as a critical hub for technology, innovation, and future growth, the company said in a statement. The new GCC in Gurugram will deliver managed IT services, infrastructure operations, and application support for the company's operations worldwide. The centre will provide a scalable foundation for Carlsberg's digital growth. Carlsberg has partnered with global IT services and consultancy provider GSPANN to establish the GCC. Under a build-operate model, Carlsberg retains strategic ownership of the GCC's roadmap, while GSPANN will manage operations, talent ramp-up, and service delivery, it
Leading brewer Carlsberg India has seen its profit jump 60.5 per cent to Rs 323.1 crore in FY'24, according to RoC filing by the company. The total income of Carlsberg India was up 15.2 per cent at Rs 8,044.9 crore for the financial year ended March 31, 2024, according to the financial data accessed through business intelligence platform Tofler. This is the highest revenue for Carlsberg in India, crossing the milestone of Rs 8,000 crore, reaching nearly USD one billion from sales. "During the financial year 2023-24, profit amounting to Rs 323 crore under the standalone financial statement has been carried forward to 'Reserve and Surplus' including other comprehensive income in the balance sheet," the company said. The company, while informing its state of affairs, said the beer industry continued to post healthy growth in volumes. "Cash and bank balances increased from Rs 9,304 million to Rs 11,165 million with strong business performance, better trade working capital and lower .
The investment is expected to further enhance production capabilities by adding a new can, glass, and keg line
Carlsberg, whose shares fell 1.3% in late morning trading, said it would receive a cash consideration, as well as Baltika Breweries' shareholdings in Carlsberg Azerbaijan and Carlsberg Kazakhstan
Now they could bring fines for companies and bans for celebrities endorsing tobacco and liquor ads deemed misleading, according to the top civil servant for consumer affairs
A letter citing a shortage of excise staff in the entire Mysuru district was sent to United Breweries, AB InBev, Carlsberg and B9 Beverages (Bira)
United Breweries account for about 50% of the segment which AB InBev follows at around 25%, while Carlsberg is the third largest company in the space with a share of around 18%
Competition Commission of India (CCI) on Tuesday cleared Carlsberg Breweries' proposed acquisition of an additional 33.33 per cent stake in Carlsberg South Asia Pte Ltd. The deal has been cleared under the green channel route. The proposed transaction entails Carlsberg Breweries A/S (CBAS) buying an additional 33.33 per cent of equity share capital (on a fully-diluted basis) in Carlsberg South Asia Pte Ltd (CSAPL). CBAS is involved in the business of manufacturing, marketing, and distributing alcoholic beverages under numerous brands worldwide. The company is present through Carlsberg India Pvt Ltd (CIPL) and does not have any other direct or indirect business presence in the country. CSAPL is the holding company of South Asian Breweries Pte Ltd, Singapore, which, in turn, is the holding company of CIPL. "There are no horizontal overlaps, vertical/complementary links between the activities of the parties and their respective groups/affiliates," CCI said. "The proposed transactio
Throws out the appeals of the beer makers, who were accused of cartelisation in the sale and supply of the beverage in various states and UTs
According to a source with direct knowledge of the matter, Carlsberg has taken action against two board members
Unilever, Carlsberg and Pernod Ricard are increasing the pressure on consumers worldwide with higher prices for Dove soap, beer and Havana Club rum
Zelenskyy said his govt is carefully considering a Russian demand of Ukrainian neutrality, a key point of contention as negotiators for both sides prepare for a fresh round of talks
Nepal-based Khetan Group and Carlsberg have been embroiled in a row since 2019 over how Carlsberg India has conducted internal inquiries into its business practices.
Top executives of Carlsberg, SABMiller and India's United Breweries exchanged commercially sensitive information and colluded to fix beer prices in India for 11 years, according to an antitrust report
The other seven directors, nominated by Carlsberg, found the practices were in line with industry norms and approved the 2018-19 results, the filing said.
CCI launched the investigation after AB InBev told the watchdog it had detected an industry cartel, leading in 2018 to dawn raids at the three brewers' offices to collect evidence
With the US Federal Reserve signalling two more interest-rate hikes this year, the Indian market's thirst for new paper - up 77 per cent so far in 2018 from last year - could dry up
India's beer market is expected to grow to $10.7 billion by 2020, up from $8.6 billion last year