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Shaw Wallace spins off brewing, distilling operations as arms
Mumbai: As a part of the ongoing large-scale executive realignments within Shaw Wallace, Deepak Chaudhuri, who has been heading the beer business as director, has been moved from the breweries division and appointed as head of Shaw Wallace’s traditional businesses to give the new managing director Richard Rushton a free hand to form his own team in the joint venture.

Shaw Wallace’s traditional businesses include agro-chemicals, gelatines and Colombo-based trading company, Shaw Wallace & Hedges Limited. Shaw Wallace and SABMiller formed a joint venture for beer last week in which both the companies merged their brewing assets resulting in an entity accounting for 35 per cent of the beer market share in the country.
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domain-B : Indian business : News Review : 27 May 2003 : people