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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......
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UPDATE 2-European shares slip in cyclical-defensive tug of war

* STOXX 600 slips 0.2 pct * Tax bill disenchantment spreads to Europe * Financials, miners dent appetite; tech rebounds * Healthcare weighed down... ...

http://www.sify.com/finance/update-2-european-shares-slip-in-cyclical-defensive-tug-of-war-news-economy-rmfqaujfcjaif.html
Prosecution lays out damning case against Mallya as extradition proceedings begin

London [UK], Dec 5 (ANI): Britain's Crown Prosecution Service (CPS) outlined the Indian Government's case against liquor baron Vijay Mallya, on... ...

http://www.sify.com/news/prosecution-lays-out-damning-case-against-mallya-as-extradition-proceedings-begin-news-national-rmfcKjiiehcgd.html
India asks UK court to extradite tycoon Vijay Mallya on fraud charges

By Michael Holden LONDON (Reuters) - India asked a London court on Monday to extradite tycoon Vijay Mallya to face fraud charges of palming off... ...

http://www.sify.com/news/india-asks-uk-court-to-extradite-tycoon-vijay-mallya-on-fraud-charges-news-crime-rmeuvocgafdee.html
UPDATE 2-European shares snap two-week losing streak as DAX gains

* STOXX 600 down 0.1 pct, Germany's DAX up 0.4 pct * Danone and Diageo buoyed by China import tariff cuts * Germany's SDP open to coalition talks *... ...

http://www.sify.com/finance/update-2-european-shares-snap-two-week-losing-streak-as-dax-gains-news-economy-rlypujbjffjah.html
Brands pull YouTube ads over images of children - paper

LONDON (Reuters) - Lidl, Cadbury maker Mondelez, Diageo and other big companies have pulled advertising from YouTube after the Times newspaper... ...

http://feeds.reuters.com/~r/reuters/INtechnologyNews/~3/lDvPuigknLY/brands-pull-youtube-ads-over-images-of-children-paper-idINKBN1DO1KP

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