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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 plea filed by banks' against Vijay Mallya today

[India], Oct. 25 (ANI): The Supreme Court on Monday will hear the plea filed by SBI-led consortium of banks against beleaguered businessman Vijay... ...
Breath analyzers on test run from today

MUMBAI: The traffic police will now be armed with 56 breath-analyzers that will catch those driving under the influence of alcohol on city roads.... ...
SC to hear case today; liquor factories on tenterhooks

Liquor companies are considering whether it makes financial sense for them to operate factories in Bihar if they can't retail in the state... ...
United Spirits soars on plan of reducing debt up to Rs 2,000 crore in the next two years

SENSEX 28309.86 66.57 0.24% NIFTY 8756.15 18.05 0.21% Industry: Breweries & Distilleries Company United Spirits Ltd United... ...
Hero MotoCorp, Gayatri Projects and United Spirits to see some action today

SENSEX 28243.29 377.33 1.35% NIFTY 8771.00 32.90 0.38% Industries: Metal and Mining, Automobile, Automobile, Banks & Finance,... ...

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