Varun Beverages shares fell 3.8% despite new alcobev ventures, raising investor concerns about strategic clarity and performance.

Varun Beverages will enter the alcoholic drinks market with a new subsidiary. The company appointed a former Diageo executive to lead this new venture. This move signifies a…

Varun Beverages is entering the alcohol business by incorporating a new subsidiary. The company has appointed Prathmesh Mishra as the chief executive officer. This new entity…