India

India's Sugar Output Seen Falling, Global Deficit Rises: FCStone

India's 2019-20 sugar production should fall to 26.9 million tonnes, 1.3 million tonnes below an August projection, due to unfavourable weather conditions,...

Unilever Misses Estimates As Sales Slow In China And India

Consumer goods giant Unilever has reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its bigg...

Pernod Ricard Q1 Sales Growth Slows As China And India Decelerate

French spirits maker Pernod Ricard, which is being targeted by activist investor Elliott, posted a 1.3% rise in first-quarter underlying sales, reflecting...

India Bans E-Cigarettes In Setback For Juul, Philip Morris

India's cabinet on Wednesday banned production and import of electronic cigarettes, a public health move that is seen dashing the expansion plans of compan...

Amazon India Plans To Scrap Single-Use Plastic, Joins Rival Flipkart

Amazon.com Inc's India unit plans to replace single-use plastic in its packaging by June 2020, the company said on Wednesday, the latest move by an ecommer...

India Proposes Ban On E-Cigarettes, With Jail Terms For Offenders: Govt Documents

India's health ministry has proposed a ban on the production and import of electronic cigarettes, documents seen by Reuters showed, potentially jeopardisin...

Diageo Boosts Stake In United Spirits Limited To 55.2%

Spirits giant Diageo has announced that it has increased its shareholding in India's United Spirits Limited (USL) to 55.2%. The company has acquired mor...

New Delhi Government Rejects AB InBev Plea To Temporarily Lift Ban: Source

Authorities in New Delhi have rejected a plea by Anheuser-Busch InBev to temporarily lift a three-year ban while it hears the global brewer's appeal, a sen...