1Q15 preview - weak, but not getting worse India: why the March trade-deficit surge is not as bad as it looks Downgrade to UW - 1Q15 SSS Declining 16%; Risk that FY15 Will Be Loss-Making 1Q15 Update - Sequentially Weaker Operational Update Pricing down 10-30%; further challenges from 2Q 3Q15 Results Review. Outlook is Within Expectation. Hold. Beer business to be main focus Asian Daily What’s Changed, Research Focus, Today’s Events Supporting Sales Data Emerging to Catalyze The Sector