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United Breweries eyes 'Sandpiper'

Feb 18, 2000

United Breweries is reported to have circled in on the Sandpiper brand to kick-start its acquisition plans. The Sandpiper brand of beer is owned by Intertia Industries.

Mount Shivalik posts net loss in 3QFY00

Jan 29, 2000

Mount Shivalik has posted a net loss of Rs 10 m during the quarter ended 31st December 1999. The company has suffered on account of a rise in expenditure even as sales grew at a much slower rate. Further more, the rise in interest expenditure has eroded the bottomline.

McDowell posts 69% growth in Net

Jan 14, 2000

McDowell has posted a sharp rise in margins during the quarter ended 31st December 1999. A decline in interest cost and a healthy growth in topline has contributed to a 69% jump in net profits.

UB to launch 'Kingfisher' in Malaysia

Nov 20, 1999

United Breweries' (UB) flagship brand 'Kingfisher' will make an entry in Malaysia by January 2000. The company has signed an import agreement to this effect with Agate Group, Malaysia.

McDowell 2QFY2000 ups 'spirits'

Oct 21, 1999

McDowell & Co has reported a 20% surge in its 2QFY2000 net profit to Rs 55 m. The company's turnover also improved to Rs 2,207 m (up 17% over 2QFY99).

McDowell: Hungry for brands

Oct 20, 1999

According to newspaper reports, Vijay Mallya promoted McDowell & Co is planning to buy out two brands in the rum and whisky segments.

UB 'thirsting' for SWC brands

Oct 6, 1999

McDowell & Co Limited, the flagship of Vijay Mallya's UB Group, has made an open cash offer of Rs 2.5 bn before the Calcutta High Court for beleaguered rival Shaw Wallace's (SWCs) Royal Challenge, Director's Special and Haywards brands.

McDowell's new mantra -'improved valuations'

Sep 15, 1999

McDowell & Company Limited is planning an international listing of its shares in order to improve valuations.

'Growth' is the latest mantra at McDowell

Aug 26, 1999

McDowell & Company Limited, flagship of the Vijay Mallaya promoted United Breweries (UB) Group, has outlined an aggressive four-point growth strategy to take it to the new millenium.


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