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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......

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'......

Diageo may not be able to recover $135 mn loan from Mallya firm

Global spirits giant Diageo has said it may not be able to fully recover a loan of $135 million given to Vijay Mallya-affiliated Watson Ltd by Standard Chartered Bank where it had acted as a......

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......

Fund diversion by Mallya a 'wake up call' for United Spirits

The fact that United Spirits Limited, which was a UB group company before its acquisition by Diageo, had provided financial support to other group companies is not a new revelation to the market.......

United Spirits gets MCA, I-T Dept notices to inspect books

United Spirits has received notices from the Ministry of Corporate Affairs and the I-T Department for inspection of its book subsequent to a probe ordered by its new management over alleged......

I-League club Mohun Bagan to take Mallya's USL to court over unpaid dues

Current I-League champions Mohun Bagan have decided to move court against title sponsors United Spirits Limited and will file a creditors' liquidation suit to recover their dues since November last......
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No RCB II but Mallya confirms buying Barbados team

Ending weeks of speculation, Vijay Mallya has opened up and confirmed acquiring a team in the Caribbean Premier League (IPL). Speaking to Mirror on... ...

http://www.mumbaimirror.com/sport/cricket/No-RCB-II-but-Mallya-confirms-buying-Barbados-team/articleshow/50883616.cms
Pride over money

Ahead of the Kingfisher Ultra Indian Derby jockeys take their horses through the grind Even with record prize money of Rs 2 crore at stake,... ...

http://www.mumbaimirror.com/sport/others/Pride-over-money/articleshow/50874885.cms
Shia Waqf Board to move court to evict Vijay Mallya

Lucknow: Shia Central Waqf Board, UP on Thursday said that it would move court seeking legal action against officials of the Meerut administration... ...

http://m.timesofindia.com/city/lucknow/Shia-Waqf-Board-to-move-court-to-evict-Vijay-Mallya/articleshow/50858258.cms
United Spirits Receives Notice for Inspection of Books

New Delhi : United Spirits has received a notice from the Corporate Affairs Ministry for inspection of its books in the wake of alleged violations... ...

http://profit.ndtv.com/news/corporates/article-united-spirits-receives-corporate-affairs-ministry-notice-for-inspection-of-books-1271184
Ministry of Corporate Affairs wants to take action against Mallya, other directors for USL fund diversion

The Ministry of Corporate Affairs has sent a notice to United Spirits Ltd, now majority owned by British liquor firm Diageo, asking why action... ...

http://wap.business-standard.com/article/companies/ministry-of-corporate-affairs-wants-to-take-action-against-mallya-other-directors-for-usl-fund-diversion-116012701175_1.html

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