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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......

United Spirits to shed 300 jobs

United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company. United Spirits Ltd (USL), majority owned by British liquor major......

MCFL investments in UB group firm may be irregular

Earlier, alleged financial irregularities had come to fore at United Spirits Ltd (USL) relating to loans advanced to UB Group firms including for long-defunct Kingfisher Airlines. In fresh troubles......

Mallya received part of Diageo funds in offshore accounts

In 2012, Diageo had paid Rs 3,635 crore to Mallya for his 19.3 per cent stake in United Spirits. Vijay Mallya, chairman of UB group, received part of the proceeds from the sale of shares in United......

Mallya resigns as USL chief; to be paid Rs 515 crore

Mallya will now be the Founder Emeritus of USL Liquor baron Vijay Mallya on Thursday quit as chairman of United Spirits -- a company set up by his family but now controlled by global liquor giant......

Could lose title to 1 cr shares of USL worth Rs 3K cr: Diageo

World's largest spirits maker Diageo could lose title to over one crore shares of United Spirits Ltd (USL) worth over Rs 3,235 crore or Rs 32.35 billion at current market price in case of 'adverse'......
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SC to hear banks' plea against defaulting Vijay Mallya

[India], Sept. 27 (ANI): The Supreme Court on Tuesday will hear the plea of the State Bank of India-led consortium of 17 banks against liquor baron... ...

http://www.sify.com/news/sc-to-hear-banks-plea-against-defaulting-vijay-mallya-news-national-qj1jL1acigjgj.html
Opening Bell | Asian markets trade lower; Reliance Capital, GMR in news

In other news, Tata Motors plans to double export of commercial vehicles in two years US markets fall, Asia retreats US markets closed with losses... ...

http://www.livemint.com/Money/r4Ooof132sOkHKZBcRgzQK/Opening-Bell--Asian-markets-trade-lower-Reliance-Capital.html
Sebi might ask Diageo to revise USL open offer

Related to : United Spirits Ltd United Spirits Ltd BSE 12 Sep 16 | 12:00 AM 2281.30 -35.3 (-1.52%) NSE 12 Sep 16 | 12:00 AM 2281.50... ...

http://smartinvestor.business-standard.com/market/Marketnews-412043-Marketnewsdet-Sebi_might_ask_Diageo_to_revise_USL_open_offer.htm
Post-auction silence leaves bidders befuddled

A VINTAGE AFFAIR: A 1903 Humber allegedly went for about Rs 1 crore, while a British-made Lancaster apparently fetched nearly Rs 2 crore... ...

http://www.mumbaimirror.com/mumbai/others/Post-auction-silence-leaves-bidders-befuddled/articleshow/54259354.cms
ED attaches Mallya's assets worth Rs 6‚630 cr

Related to : McDowell Holdings Ltd,United Spirits Ltd,United Breweries Ltd McDowell Holdings Ltd BSE 02 Sep 16 | 03:41 PM 28.35 0.1... ...

http://smartinvestor.business-standard.com/market/Marketnews-409645-Marketnewsdet-ED_attaches_Mallyas_assets_worth_Rs_6sbquo630_cr.htm

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