Pernod Ricard withdraws tax dispute case

Pernod Ricard, a big French company that makes whisky and vodka, had a big fight with the Indian government over taxes.

The government said Pernod didn't pay enough taxes on the whisky they brought into India.

Pernod said the government didn't give them all the papers they needed to defend themselves.

Instead of fighting in court, Pernod decided to use the regular appeals process to challenge the tax demand.

This is a big deal because India is a very important market for Pernod.