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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 ready to smoke the peace pipe with banks

  A source close to the UB group said Mallya was willing to settle with the public-sector banks by selling part of his stake in various companies and assets based in India and abroad. In a......

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'......

United Spirits sells UB shares worth Rs 872 cr to Heineken, loses 'promoter' status

Vijay Mallya slowly losing control of the beer firm The Diageo-owned United Spirits Ltd on Tuesday sold 3.21 per cent stake in United Breweries Ltd, India’s largest beer company, for Rs 872......

Diageo says support to Mallya subject to 'absence of defaults'

With United Spirits asking its own chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its ‘contractual obligations’ to support his presence would not apply in the......

Mallya Vs Diageo: Sebi to look into disclosure, other lapses

With liquor giant United Spirits asking its own Chairman Vijay Mallya to quit, markets watchdog Sebi and other regulatory agencies have begun looking into suspected irregularities at the company,......

JSW shelves plans to buy IPL franchise RCB

- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated Players from Royal Challengers Bangalore. Photograph: BCCI JSW Group, an $11 billion......

Mallya suffers legal setback in F1 car ad case

Force India Formula One drivers, Nico Hulkenberg of Germany (L) and Sergio Perez of Mexico (R), and Force India team principal Vijay Mallya pose with the new Force India racing car. Photograph:......
  Web results for United Spirits
ban on liquor sale

While his move will score brownie points with the women voters of Bihar who support the ban, state's exchequer will take an annual hit of Rs5,000... ...
Liquor giant Pernod Ricard expects India to be second-largest market by sales

Pernod Ricard SA, Europe's second-biggest distiller, expects India to overtake China as its second-largest market by sales shortly as it expects... ...
Vijay Mallya seeks interest waiver to clear Kingfisher loans

Vijay Mallya, chairman of the grounded carrier Kingfisher Airlines, has offered banks to pay the principal amount of around Rs4,500-5,000 crore... ...
Nothing wrong in retiring at 60 and enjoying life, says king of 'good times' Vijay Mallya

Bengaluru: Once a king of 'good times', business mogul Vijay Mallya on Tuesday hinted at retiring after turning 60 next month and enjoying life... ...
News Roundup | BJP ready to discuss changes in GST with Congress

Finance minister Arun Jaitley forcefully questioned the rationality of Congress's demand for changes in GST, but ready to discuss the issue with... ...

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