Heineken's United Breweries halts beer sales in Indian state

Heineken's United Breweries halts beer sales in Indian state over pricing
By Rishika Sadam, Nandan Mandayam and Indranil Sarkar HYDERABAD/BENGALURU (Reuters) -Heineken-owned United Breweries on Wednesday stopped supplying beer to Telangana in southern India, following the state's refusal to allow price rises,
End of good times! United Breweries announces suspension of beer supply to Telangana Beverages Corp on pricing dispute
United Breweries has decided to suspend the supply of beer to Telangana Beverages Corporation Ltd (TGBCL), with immediate effect, on pricing dispute. The company also said that there are significant overdues that remain unpaid by TGBCL.
United Breweries Shares Plunge 7% On Suspending Beer Supply To Telangana Beverages Corp
TGBCL's failure to revise the basic price of the company’s beer since fiscal 2020 is one of the reasons behind the suspension, United Breweries said.
Heineken-controlled United Breweries halts beer supply in India's Telangana state
United Breweries said on Wednesday that it has suspended supplying beer to a state-run corporation in the southern Indian state of Telangana, which will halt sales of popular beer brands such as Heineken and Kingfisher in one of the country's top liquor-selling states.
United Breweries halts beer supply to Telangana over pricing disputes
Maker of Kingfisher beer, United Breweries saw a 4% share drop following its suspension of beer supply to Telangana Beverages Corporation Limited
Kingfisher beer off shelves in Telangana as beer maker United Breweries halts supply
Kingfisher beer will not be avaialble in Telangana now, as the beer maker United Breweries has suspended supply to the Telangana Beverages Corporation Ltd
United Breweries stops beer supply to Telangana; stock slumps nearly 7%
United Breweries Ltd (UBL), the maker of Kingfisher beer, announced on Wednesday that it has suspended the supply of its beer to Telangana Beverages Corporation Limited (TGBCL), the state's sole distributor of alcohol.
Kingfisher and Heineken beer will no longer be available in Telangana as UB suspends beer supplies with immediate effect
United Breweries Limited (UBL) announced on Wednesday (January 8, 2024) that it has decided to halt beer supplies to the Telangana Beverages Corporation Limited (TGBCL) with immediate effect. The image is used for representative purposes only. | Photo Credit: Getty Images
No Kingfisher Beer for Telangana as UB Halts Supply
Hyderabad: United Breweries, the maker of popular beer brands like Heineken and Kingfisher, announced on Wednesday that it has suspended the supply of beer to Telangana Beverages
United Breweries Halts Kingfisher Beer Supply to Telangana
United Breweries, the manufacturer of Kingfisher beer, has announced a decision to halt the supply of its products to Telangana
Heineken’s India Unit Stops Beer Sales to Key State, Shares Drop
Heineken NV’s Indian unit suspended supply of beer to the southern Indian state of Telangana, citing unprofitable prices and missed payments.
‘Rs 3,900 cr unpaid’: Day after Kingfisher-maker pulls out of Telangana, Brewers Association says prices in state based on FY19 cost
No action resulting in supplier companies incurring a loss of around Rs 100 per case on supply of beer, says Brewers ...
Kingfisher, Heineken beer will no longer be available in THIS state, know why
UBL highlighted the unviable nature of its operations due to stagnant base prices for its products over the past two years.