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Beverages – World News
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Italian authorities seize US$1.49B in Campari shares amid alleged tax fraud
Italy’s tax agency seizes €1.29 billion (US$1.49B) in Campari shares over alleged tax evasion linked to holding company Lagfin.
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Tata Consumer Products appoints Sharat Verma as new packaged beverages President for India & South Asia
Leadership transition comes as Tata Consumer strengthens executive team and reports strong quarterly financial performance.
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Delhi High Court upholds FSSAI ban on ‘ORS’ label for fruit-based, ready-to-drink beverages
Court backs FSSAI’s restriction on ‘ORS’ labelling, citing public health concerns and consumer protection priorities.
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Celsius appoints Garrett Quigley as President of International operations
Celsius strengthens global leadership with new International President and Chief HR Officer to support rapid worldwide growth.
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Varun Beverages reportedly in talks with PepsiCo to enter India’s alcoholic RTD market
Varun Beverages explores potential entry into low-alcohol RTD category amid rising demand and recent global expansion moves.