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Diageo gets hardly half a per cent in USL in open offer

Diageo Plc’s move to acquire up to 26 per cent in India’s leading whisky maker United Spirits Ltd through an open offer has failed on expected lines. Diageo got 0.4 per cent, or a......

Mallya denies Diageo's fund diversion charges

'It is surprising and unfortunate that unfounded allegations are now being made without any reference to me whatsoever,' Vijay Mallya said. A day after United Spirits  (USL) accused Vijay......

ED to ask depositories to freeze shares owned by Vijay Mallya

The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.     The Enforcement Directorate......

Mallya case: Diageo questions DRT's power to attach money

The company contented before the tribunal that the amount was paid outside India.     Diageo Plc on Thursday challenged Debt Recovery Tribunal's power to direct it to deposit $40......

ED, Sebi to probe Mallya-Diageo deal for South African Breweries

The acquisition of South African Breweries’ traditional beer business by Diageo is part of a complex web of transactions signed by the British firm with Mallya. The Securities and Exchange......

Diageo to 'review' Tribunal order, says $40mn paid to Mallya

As part of their deal Diageo agreed to pay Mallya, $75 million for stepping down as chairman of United Spirits and for entering into a non-compete pact Caught in the controversy surrounding......

'Difficult for Windies to regain glory days in Tests'

IMAGE: Chris Gayle played his last Test in 2014 against Bangladesh. Photograph: Mark Kolbe/Getty Images. West Indies are two-time World T20 champions but the flamboyant Chris Gayle feels "it......

Gayle not surprised by Kohli's spectacular form

IMAGE: Royal Challengers Bangalore captain Virat Kohli celebrates fellow opener Chris Gayle. Photograph: BCCI Having watched Virat Kohli's on-ield exploits from 22 yards, dashing Jamaican batsman......
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USL may auction Mallya's properties

In a bid to cut down its debt pile, Diageo, the owner of United Spirits (USL), is likely to auction some of the prime properties owned by liquor... ...

http://www.deccanherald.com/content/597936/usl-may-auction-mallyas-properties.html
European shares edge towards recent highs, Barclays rallies

(ADVISORY- Follow European and UK stock markets in real time onthe Reuters Live Markets blog on Eikon - see... ...

http://www.sify.com/finance/european-shares-edge-towards-recent-highs-barclays-rallies-news-economy-rcxqa2aihfajj.html
UK Stocks-Factors to watch on Feb. 23

Feb 23 (Reuters) - Britain's FTSE 100 index is seen opening 4 pointshigher, or up 0.05 percent on Thursday, according to Financial spreadbetters. *... ...

http://www.sify.com/finance/uk-stocks-factors-to-watch-on-feb-23-news-economy-rcxnawcibfgcf.html
Diageo opens new business service centre in Bengaluru

Formerly known as 'Diageo Business Services - India,' it was inaugurated by Karnataka Chief Minister Siddaramaiah, in the presence of Ivan Menezes,... ...

http://www.dnaindia.com/money/report-diageo-opens-new-business-service-centre-in-bengaluru-2330070
Sources

Diageo's global management team in India will take stock of its operations in India. Diageo CEO Ivan Menezes will meet bankers on the contours of... ...

http://www.moneycontrol.com/news/business/diageo-to-finalize-plansusl-open-offer-this-week-sources_8531401.html

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