date:Feb 05, 2013
he US Foreign Corrupt Practices Act involving Beam's operations in the country.
Beam executives on Friday deflected questions over the review, saying that the investigation is making progress but that it is still too early to speculate on how much it will cost the company.
Beam brand Teacher's is the top-selling Scotch in India, according to CLSA.
Meanwhile, the analyst said that Diageo's acquisition of Beam remains a reasonable possibility despite the UK company claiming it intends to focus