India. Sequoia-backed Bira beer left high & dry by supply glitches, funds crunch

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Last summer, it was one of the most popular beer in Delhi and Bengaluru. This summer, at most retail outlets Bira 91, the country’s first handcrafted beer, is out of stock. The reasons: the company failed to gauge demand correctly, and the arrangement with its sole bottler in Haryana fell through. Above all, it needed funds. (more…)

Frank Lai Ni Hium Resigns as CFO of China Resources Beer Company

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Chief Financial Officer and the Company Secretary of the Company, due to his other career aspirations, and will cease to be a member of each of the Executive Committee, the Finance Committee and the Nomination Committee, all took effect on 1 June 2016. (more…)