Pernod Ricard Denies Breaching Indian Law; Lawyers Disagree: Report
In a recent development, global alcoholic beverage giant Pernod Ricard has denied allegations of breaching Indian law. However, reports suggest that the company’s legal team has presented a different stance, signaling internal disagreements on the matter. According to a report, Pernod Ricard's lawyers reportedly acknowledged concerns related to its operations in India, though the company itself publicly rejected any wrongdoing. The discrepancy between the company's official denial and its legal team's admissions has raised questions regarding the potential regulatory issues the company might be facing in the Indian market. While the details of the legal issues remain unclear, sources indicate that Pernod Ricard's operations in India could be under scrutiny for compliance with local laws governing the production, distribution, and advertising of alcoholic beverages. The company, which is known for popular brands like Absolut Vodka and Chivas Regal, has yet to comment fur...