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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......

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......

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......
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A timeline of Vijay Mallya's case

Embattled Indian tycoon Vijay Mallya, who has been declared a proclaimed offender, was today arrested in London by Scotland Yard on India's request... ...

http://www.dnaindia.com/india/report-vijay-mallya-versus-india-a-timeline-of-events-2406667
BUZZ-Indian liquor firms' stocks fall; top court reaffirms ban on outlets near highways

** Shares of Indian liquor companies such as United SpiritsLtd, Pincon Spirit Ltd and Globus Spirit Ltdfall 5.10 pct - 7.90 pct ** India's Supreme... ...

http://www.sify.com/news/buzz-indian-liquor-firms-stocks-fall-top-court-reaffirms-ban-on-outlets-near-highways-news-crime-redmatchhibei.html
United Spirits appoints CFO Sanjeev Churiwala on its board

Diageo-controlled United Spirits Ltd today appointed its Chief Financial Officer Sanjeev Churiwala on its board as an Executive Director and CFO. ...

http://www.dnaindia.com/money/report-united-spirits-appoints-cfo-sanjeev-churiwala-on-its-board-2371047
SC to hear SBI-led consortium's plea against Mallya

[India], Mar. 03 (ANI): The Supreme Court will on Monday hear the plea filed by State Bank of India (SBI)-led consortium of banks seeking recovery... ...

http://www.sify.com/news/sc-to-hear-sbi-led-consortiums-plea-against-mallya-news-national-rddxJkbgjbced.html

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