While, Bisleri has been fined Rs 10.75 crore, PepsiCo India Holdings and Hindustan Coca-Cola Beverages have been penalised Rs 8.7 crore and Rs 50.66 crore

 

Diageo-owned liquor firm United Spirits Ltd (USL) had sold its entire equity stake in Four Seasons Wines as well as associated brands to Grover Zampa Vineyards and Quintela Assets for Rs 31.86 crore

 

The payments were made so that the regulatory process would wrap up faster and for more beneficial manufacturing terms for the Indian Carlsberg brewery.

 

Authorities in New Delhi barred AB InBev in July from selling its beer in the New Delhi market on allegations of evading local state taxes. The company has denied the allegations

 
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Diageo Plc said it would buy back 660 million pounds ($866.91 million) worth of shares, bringing the total buyback programme to up to 3 billion pounds for the year ending June 30.

 

The court of Delhi financial commissioner has said these barcodes could be misused and thus cause danger to the public. Duplicate or unauthorised barcodes can also be used to avoid tax.

 
 
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