Can Bira 91 Reclaim Its Crown?, CARS24 Axes 120 Jobs & More

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Why Dropping ‘Private’ Sent Bira 91 Into A Tailspin

What’s there in a name, goes the old adage. Well, in the case of Bira 91 — everything. A mere change in the name has taken the brand back by at least a decade. Now, it’s in the process of restarting from scratch but faces cash flow constraints and a substantial payment backlog, including vendor payments, statutory dues, and employee salaries. 

But Why? The brand built its beer empire with licences in the name of B9 Beverages Private Limited. However, when it became a public entity…



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Can Bira 91 Reclaim Its Crown?, CARS24 Axes 120 Jobs & More


Why Dropping ‘Private’ Sent Bira 91 Into A Tailspin

What’s there in a name, goes the old adage. Well, in the case of Bira 91 — everything. A mere change in the name has taken the brand back by at least a decade. Now, it’s in the process of restarting from scratch but faces cash flow constraints and a substantial payment backlog, including vendor payments, statutory dues, and employee salaries. 

But Why? The brand built its beer empire with licences in the name of B9 Beverages Private Limited. However, when it became a public entity…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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