Archives for May 13, 2013

Indian issues

Excise issues tax notices to two Mallya empire companies

Two of flamboyant Indian drinks tycoon Vijay Mallya’s businesses have been issued show-cause-cum-demand notices by the Directorate General of Central Excise Intelligence for allegedly evading service tax of Rs91 crore (US$16.7m)

Homegrown Australasian energy drinks are happy going their own way

Yesterday, we looked at how energy drinks, in spite of their small market size, have been enjoying an effervescent year of growth in Asia, to the point the continent now accounts for two out of every five litres sold.

Dairy

Synlait considers IPO as it prepares to export a2 to China

Chinese-controlled New Zealand dairy processing company Synlait Milk is considering a public listing of its shares on the NZX New Zealand main-board stock exchange.