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Diageo India denies report of CEO Hina Nagarajan being summoned by Delhi police in billing and discount practices case.
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Company terms report “grossly misleading” and says it’s a routine information-gathering exercise.
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Diageo India claims it’s cooperating with authorities and maintains high regulatory compliance standards.
Diageo India has denied a report that its CEO, Hina Nagarajan, was summoned by Delhi police in a case related to billing and discount practices. The company called the report “grossly misleading” and said it’s a routine information-gathering exercise by government authorities.
Diageo India explained that the notice sent by the police requires information to be submitted by a representative of the company, not specifically the CEO. The company is cooperating with the authorities and maintains high standards of regulatory compliance.
The case involves an investigation into billing and discount practices between Diageo India and government agencies running liquor retail shops between 2017 and 2020. The police are investigating whether there was any wrongdoing in the process.
