New Delhi City Police Summons Diageo India CEO To Appear At Investigation Into Case Linked To Payments By Government Agencies For Liquor Purchases
Portfolio Pulse from Benzinga Newsdesk
New Delhi City Police has summoned the CEO of Diageo India to appear at an investigation related to payments by government agencies for liquor purchases.
July 25, 2024 | 2:47 pm
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NEGATIVE IMPACT
Diageo's India CEO has been summoned by New Delhi City Police for an investigation into payments by government agencies for liquor purchases.
The summoning of Diageo India's CEO by police for an investigation could lead to negative sentiment around the company, potentially impacting its stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80