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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 sell 13 properties once owned by Vijay Mallya

The company secured independent valuation for these properties and had shared the same with Mallya United Spirits Ltd (USL) plans to sell 13 properties, earlier owned by its former Chairman and......

India's largest beer maker sees a low from highway sale ban

United Breweries says sales could fall by 40% following court ban. United Breweries Ltd, India’s largest beer maker and majority-owned by Dutch firm Heineken, has said that its sales of the......

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......
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Indian shares edge higher; Infosys gains

* NSE index up 0.08 pct, BSE index 0.08 pct higher * Bank shares fall on profit booking By Arnab Paul Aug 24 (Reuters) - Indian shares inched up in... ...

http://www.sify.com/finance/indian-shares-edge-higher-infosys-gains-news-economy-riymamghfebac.html
BUZZ-Indian brewers surge after apex court clarifies notice on liquor ban

** Shares of Indian liquor companies United Spirits Ltd, Globus Spirits Ltd and TilaknagarIndustries Ltd rise between 5 pct to 13 pct ** India's... ...

http://www.sify.com/news/buzz-indian-brewers-surge-after-apex-court-clarifies-notice-on-liquor-ban-news-crime-riykaqcacfhjd.html
SAT dismisses Mallya's plea against SEBI order

The Securities Appellate Tribunal (SAT) today rejected fugitive liquor baron Vijay Mallyas appeal against SEBI barring him from the market and... ...

http://www.deccanherald.com/content/627548/sat-dismisses-mallyas-plea-against.html
Diageo will not pay Mallya any more, wants $28 mn back

Diageo Plc has said it will not pay the remaining instalments of the 53 million it had agreed to pay Vijay Mallya as part of a deal for ceding his... ...

http://www.domain-b.com/aero/airlines/20170728_vijay_mallya.html

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