Diageo India, the Indian branch of UK-based Diageo Plc and owner of the IPL franchise Royal Challengers Bengaluru (RCB), has firmly rejected rumours of selling the team. In a letter addressed to ...

Bloomberg most recently reported that Diageo, which owns RCB through its Indian subsidiary, United Spirits Limited, has initiated early discussions with its advisers. While the company is yet to ...

United Spirits Ltd., known as Diageo India, has reported a 14.02% drop in net consolidated profits to ₹417 crore in the ...

Jhangiani was speaking after Diageo announced plans to save around $500m in costs over the next three years. United Spirits acquired its interest in RCB in 2008. According to Diageo’s annual report, ...