Home Economy Diageo, Pernod Ricard and Carlsberg demand $466 mln from Telangana in payments row, sources say
Economy - January 9, 2025

Diageo, Pernod Ricard and Carlsberg demand $466 mln from Telangana in payments row, sources say

Diageo, Pernod Ricard and Carlsberg demand 6 mln from Telangana in payments row, sources say

Global alcohol companies, including Heineken's United Breweries, Diageo, and Pernod Ricard, are demanding $466 million in unpaid dues from India's Telangana state. United Breweries has halted supplies due to delayed payments and lack of price approval, significantly impacting the industry and leading to a drop in its shares.

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