UBL may resort to debt for CCI#39;s Rs 752 crore penalty

UBL may resort to debt for CCI#39;s Rs 752 crore penalty The antitrust body on September 24 has imposed penalties of around Rs 900 crore on three beer-making companies including SABMiller India (makers of foster beer), United Breweries (makers of Kingfisher beer) and Carlsberg as well as their trade association All India Brewers’ Association (AIBA) for cartelisation.

from Moneycontrol Business News https://ift.tt/2XTjiyK
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