United Spirits Cuts Capex Plans
  • Prabha Hedge
  • Feb 25 2014

February 25: United Spirits has slashed its capex plans as it struggles with slowing sales. India's largest distiller, expects to spend Rs.500 crore over the next 18 months, which is a sharp reduction from its earlier plan of spending Rs.3,000 crore over three years. Sunanda Jayaseelan shares a detailed report on the same.