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Carlsberg India's partner urges better governance in joint venture


NEW DELHI (Aug 4): Carlsberg s warring partner in its India joint venture urged the Denmark-based brewer on Wednesday to boost governance standards, saying it has had grave concerns for years over operations in the south Asian nation.
Since at least 2019, the partner, Nepal-based Khetan Group, and Carlsberg have been embroiled in a commercial dispute, amid an internal inquiry into the brewer s local practices that sparked a boardroom battle.
In its first public comment since the dispute began, the Khetan Group s holding firm, CSAPL (Singapore) Holdings Pte Ltd, urged Carlsberg to honour its obligations to improve governance and act in the long-term interests of the business . ....

Khetan Group , Singapore Holdings Pte Ltd , Nepal Based Khetan Group , Holdings Pte Ltd , Carlsberg India , கேட்டான் குழு , நேபால் அடிப்படையிலானது கேட்டான் குழு , ஹோல்டிங்ஸ் ட் லிமிடெட் , கார்ல்ஸ்பர்க் இந்தியா ,

Carlsberg India's partner seeks better governance in joint venture


Carlsberg India s partner seeks better governance in joint venture
Since at least 2019, the partner, Nepal-based Khetan Group, and Carlsberg have been embroiled in a commercial dispute, amid an internal inquiry into the brewer s local practices that sparked a boardroom battle
Carlsberg is also under scrutiny from India s antitrust authority (Source: Reuters)
Reuters
Updated Aug 04, 2021, 2:25 PM IST
Carlsberg s warring partner in its India joint venture urged the Denmark-based brewer on Wednesday to boost governance standards, saying it has had grave concerns for years over operations in the south Asian nation.
Since at least 2019, the partner, Nepal-based Khetan Group, and Carlsberg have been embroiled in a commercial dispute, amid an internal inquiry into the brewer s local practices that sparked a boardroom battle. ....

Khetan Group , Singapore Holdings Pte Ltd , Nepal Based Khetan Group , Holdings Pte Ltd , Carlsberg India , கேட்டான் குழு , நேபால் அடிப்படையிலானது கேட்டான் குழு , ஹோல்டிங்ஸ் ட் லிமிடெட் , கார்ல்ஸ்பர்க் இந்தியா ,

Carlsberg India's probes find 'potential' unethical practices


Carlsberg’s probes reveal details of ‘potential’ unethical practices at India arm
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The maker of Tuborg also clarified it had also identified a case involving underage labourers and non-compliant working conditions in a warehouse operated by a third party and terminated their contract in 2018.
Reuters
Three board members of Carlsberg’s Indian unit voted not to approve the latest accounts of FY20, citing lack of clarity on these matters. This is the second financial year where directors have refused to approve the results.
Carlsberg said it found evidence of potential unethical practices in breach of its group policies in India after an investigation conducted during 2019 and 2020, forcing them to strengthen their compliance practices. In its latest global annual report, Carlsberg said the breach was in the period up to 2018. The investigations was done by Shardul Amarchand Mangaldas and and Ernst and Young. ....

Carlsberg Indian , Mohit Yadav , Shardul Amarchand Mangaldas , Khetan Group , Carlsberg Group , Nepal Based Khetan Group , Unethical Practices , கார்ல்ஸ்பர்க் இந்தியன் , மோஹித் யாதவ் , ஷார்துள் அமர்சந்த் மங்கல்தாஸ் , கேட்டான் குழு , கார்ல்ஸ்பர்க் குழு , நேபால் அடிப்படையிலானது கேட்டான் குழு ,