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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
India's beer market is expected to grow to $10.7 billion by 2020, up from $8.6 billion last year, according to Euromonitor International
Carlsberg in India had been focusing on specific cities to grow sales