McDowell Holdings Ltd. News and Updates

Keep track of all breaking news on McDowell Holdings Ltd. from all sources in a single place.

23 Sep 2024

Premiumisation and innovation core to Johnnie Walker, McDowell's, Smirnoff maker Diageo India

Business Today

The company's MD & CEO, Hina Nagarajan, says India is a very critical market for the parent; its entry was through the acquisition of United Spirits.

McDowell Holdings Ltd.

14 Apr 2024

In its 125th year, McDowell's joins the single malt party with a wine-forward batch

Business Line

Last week, when the world's largest selling whisky brand, McDowell's, launched a single malt, the colour purple in all its hues dominated the room. An apt colour to denote that the origin of the Batch Indian Single Malt was from a distillery in the wine capital Nashik

McDowell Holdings Ltd.

07 Jun 2023

India at inflexion point, company to continue double-digit growth: Diageo

Business Standard

Indian market is at a "great inflexion point", Diageo India MD & CEO Hina Nagarajan on Wednesday said, adding the company would continue its double-digit profitable growth journey, with a special focus on premiumisation and innovations. The company is looking the growing economy, the addition of the youth population, growing aspirations and occasions and increasing consumption of premium liquors among women as drivers for the growth in the country. The company has reshaped its portfolio with renovation and innovations on its mid and upper Prestige portfolio and sales of its Scotch brands are "accelerating", she said. Diageo India's Prestige level starts from McDowell and goes to Johny Walker and single malt whisky. "Our focus would be on these categories and there is room for innovation and renovation in all these segments. There is room for premiumisation in each of the segments," said Nagarajan in a press meet here. When asked about its innovation-to-sales ratio, she said, "our

McDowell's, Royal Stag, Imperial Blue: Whiskey is king in India, one of the fastest-growing alcohol markets

Business Today | 07 Jun 2023

McDowell Holdings Ltd.

05 Mar 2023

NCLAT rejects plea against McDowell Holdings' insolvency proceedings

Business Standard

The National Company Law Appellate Tribunal (NCLAT) has rejected a plea by the shareholders of McDowell Holdings Ltd, challenging the initiation of the corporate insolvency resolution process (CIRP) against the firm. A two-member bench of the appellate tribunal upheld the order of the Bengaluru bench of the National Company Law Tribunal (NCLT), which on April 8, 2022, directed to initiate CIRP over the plea filed by its financial creditor Sunstar Hotels and Estates. Nine shareholders, who together hold more than 15 per cent of the stake in McDowell Holdings Ltd (MHL), had moved the NCLAT against the order. While rejecting the plea, the NCLAT observed that the shareholders "do not have any 'Locus', and therefore the present appeals are not maintainable." The appellate tribunal stated that in its earlier rulings, the NCLAT had "held that an investor in a Corporate Debtor cannot claim to be an 'aggrieved person' for preferring an appeal against an order against insolvency petition."

McDowell Holdings Ltd.

27 Sep 2022

Blocking aberrant promoters from insolvent companies is a challenging task

Moneycontrol

The recent ownership battle in McDowell Holdings has revived debates on the strength or weaknesses of the IBC

McDowell Holdings Ltd.

20 Sep 2022, 08:06AM

Trading Strategies in Mc-Dowell, Mahindra & Mahindra by Mehul Kothari

Business Standard

According to the technical analyst from Anand Rathi, McDowell could rise to Rs 920, whereas Mahindra & Mahindra can slip to Rs 1,220.

McDowell Holdings Ltd.

28 Aug 2022

Paramount sues company behind McDowell's pop-up citing Coming to America' infringement

livemint

In the 1988 film starring Eddie Murphy, the McDowell's restaurant was a running joke, a competitor of McDonald's with a Big Mick' and golden arcs'

McDowell Holdings Ltd.

30 Jun 2022

McDowell shareholders, creditor battle it out for Rs 920-cr UB shares

Economic Times

Shareholders of McDowell Holdings have decided to invoke Section 12. A of the Insolvency and Bankruptcy Code, to pay up the 16.8 crore dues to Sunstar Hotels & Estates, after the creditor declined to accept the payment as part of the settlement of the insolvency process, said people familiar with the matter.