The global outlooks of the legal market of cannabis are excellent. It is possible to simultaneously imagine dry law repeal and craft brewing boom but not in one but in several consumer categories. For alcohol is contained in liquids and cannabis derivatives can be in three physical forms. The value of legal market of cannabis and its products can reach 10% of the world beer market in five years, and in 2030-2040 even reach the same scope provided the current rates of legalization and development of market infrastructure remain at the same level. Cannabinoids are actively integrating into the food industry from chewing gum to beverages deforming the pharmaceutical and alcohol markets, they influence the trends of healthy lifestyle and beauty. ...
Beer market of Kazakhstan acquired both traits of East European countries and South Eastern Asia taking a transitional position between them by many criteria and consumption style. Yet there is a positive trend in beer production which differs Kazakhstan from most of the neighboring countries. The market has remained consolidated in the hands of two international players because of its small size. However, it faces dynamic processes such as fast growth of draft beer sales, up and downs of regional companies and Carlsberg Group’s ultimate expansion. Excessive mainstream segment has declined over the recent years, yet, Zhigulevskoe and national brands with regional links have yielded their positions to a range of new products. In our review special attention was paid to regional analysis of the markets. In 14 regions of Kazakhstan we compared the companies’ positions, the market price segmentation and DIOT channel development. Besides we have compared the beer market of Kazakhstan to neighboring countries. ...
Beer market of Russia 2018
- General market picture
- Foreign trade setting records
- Demography as challenge to branding
- Aged consumer
- Declining of youth brands
- Nostalgia on trend
- DIOT feels at home
- 5.0 Original is the new face of import
- Positions of Market Leaders
- Carlsberg Group
- AB InBev Efes
- AB InBev
Ukrainian beer market 2018
- Better than yesterday
- Performance by value
- Positions of Ukrainian brewers
India. United Breweries board seeks legal view on Sebi’s ‘wilful defaulter’ rules
The independent directors on board of United Breweries (UBL), which has Heinekin and Vijay Mallya as the major shareholders, have sought legal opinion on the rules governing wilful defaulter.
Vijay Mallya, currently chairman of UBL, has also legally challenged the application of the new rules by capital market regulator on wilful defaulter and its implication to his board position at UBL. His contention is that he is a shareholder and promoter of the company.
"We have sought legal opinion to understand the Sebi notification and its implication on UBL and will decide on the course of action at our next board meeting," Kiran Mazumdar Shaw, chair of Biocon and independent board member on United Breweries, said.
Mallya recently resigned from the role of chairman at other companies such as Sanofi and Bayer. The RBI directives restrict a company or a director who has been declared a wilful defaulter from raising debt. Likewise, the new Sebi regulations restrict the company and a director who is a wilful defaulter from accessing the capital markets, except under limited circumstances.
"Neither the RBI directions nor Sebi rules require a director who is declared as a wilful defaulter to step down from a company," said Prem Rajani, managing partner of law firm Rajani Associates.
However, if such a director stands to be disqualified under section 164 of the Companies Act, he cannot be appointed as a director of any other company or be re-appointed as a director of the same company for a period of five years, he added. "The board of directors of the company may call upon such a director to step down from the company to save the company from being a wilful defaulter," Rajani said.
Officials close to Vijay Mallya said the notification is about nominating directors and the rule is not applicable to him as a promoter. Heinekin declined to comment on the subject, while Mallya did not respond to an email.
Relations between Mallya and Heineken are said to be cordial in the absence of any ownership or financial tussle between the two, said people aware of the matter. It's also understood that Mallya's chairmanship will remain unchallenged even if his stake fell.
Heineken now has a 43% in UB compared to Mallya's 32% in 2009, both had 37.5% each. After raising its stake recently to 42.2% for 24 million, Heineken said the move would not change UB's governance structure.
8 Июл. 2016