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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......

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'......

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......
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Opening Bell | Asian markets open mixed; Sun Pharma, Tata Motors in focus

Reliance Infrastructure is looking to sell its 11 toll road assets to an overseas buyer for more than $1.5 billion by September Asian markets begin... ...

http://www.livemint.com/Money/IB3D7CmaxTWsvxDXRAI3PP/Opening-Bell--Asian-markets-open-mixed-Sun-Pharma-Tata-Mo.html
United Spirits Looks To Lower Debt By Up To Rs 2,000 Crore In 2 Years

Beleaguered businessman Vijay Mallya resigned as chairman of United Spirits Ltd in February. New Delhi : Diageo-controlled liquor firm United... ...

http://profit.ndtv.com/news/corporates/article-united-spirits-looks-to-lower-debt-by-up-to-rs-2-000-crore-in-2-years-1413248
Arun Jaitley's take on black money to Raghuram Rajan's sacking and more

1. Government going all out to unearth black money: Arun Jaitley Finance minister Arun Jaitley on Saturday said the Prime Minister Narendra... ...

http://www.dnaindia.com/money/report-dna-money-must-reads-arun-jaitley-s-take-on-black-money-to-raghuram-rajan-s-sacking-and-more-2217781
ED examines United Spirits CFO over Mallya payout deal

NEW DELHI: The Enforcement Directorate has examined Sanjeev Churiwala, chief financial officer of India's largest liquor company United Spirits... ...

http://timesofindia.indiatimes.com/india/ED-examines-United-Spirits-CFO-over-Mallya-payout-deal/articleshow/52474137.cms
Live Stock Market Updates - Nifty shuts above 8,150 mark

Closing bell: Finally, the BSE Sensex ended with a gain of 289 points at 26,655. The BSE Sensex opened at 26,416 touched an intra-day high of... ...

http://www.indiainfoline.com/article/news-top-story/live-stock-market-updates-today-nifty-sensex-bse-nse-116052700406_1.html

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