Pernod Ricard plans IPO for its Indian business.

French spirits giant Pernod Ricard is reportedly preparing for a potential initial public offering of its Indian business, working with Goldman Sachs and local lawyers on preliminary steps. The company, which owns brands like Chivas Regal and Absolut, has not made a final decision. India is Pernod Ricard's largest market by volume, and the IPO would follow a trend of multinational firms listing in the country.