Brief by Shorts91 Newsdesk / 06:11am on 26 Jul 2024,Friday India
Hina Nagarajan, CEO of Diageo's Indian business, United Spirits, has been summoned by New Delhi anti-corruption police. Nagarajan is to appear on Friday with documents related to company sales between 2017 and 2020. The investigation focuses on billing and discount practices involving government-run liquor retail shops. As a member of Diageo's global executive committee, Nagarajan's cooperation is crucial. Diageo owns 56% of United Spirits, also known as Diageo India. The CEO has not commented on the matter. The investigation's outcome may impact Diageo's Indian operations.
