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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......

Reliance, BP drop gas price arbitration against govt

Billionaire Mukesh Ambani-led Reliance Industries and its British partner BP plc have withdrawn a legal challenge they had mounted three years back against the government over delay in gas price......

RIL, partners face $1 bn penalty for using ONGC's gas

The Mukesh Ambani-led Reliance Industries Ltd and its foreign partners, BP Plc and Niko Resources, may have to pay a penalty of more than $1 billion for commercially using the migrated gas from the......

Mallya case: Diageo questions DRT's power to attach money

The company contented before the tribunal that the amount was paid outside India.     Diageo Plc on Thursday challenged Debt Recovery Tribunal's power to direct it to deposit $40......

I-T Dept slaps Rs 29k cr tax demand notice on Cairn Energy

  The Income Tax Department has slapped on UK's Cairn Energy plc a tax demand notice of over Rs 29,000 crore (Rs 290 billion), including Rs 18,800 crore (Rs 188 billion) in back dated......

Mallya should be barred from leaving India: Banks to SC

A tribunal on Monday temporarily halted a $75-million settlement due to be paid by spirits giant Diageo Plc to Mallya after he resigned as chairman of Diageo unit United Spirits. The Supreme Court......
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UK Stocks-Factors to watch on Dec 8

Dec 8 (Reuters) - Britain's FTSE 100 index is seen opening 8 pointslower at 7,312.9 on Friday, according to financial bookmakers. * OLD MUTUAL:... ...

http://www.sify.com/finance/uk-stocks-factors-to-watch-on-dec-8-news-economy-rmimuijjeffhf.html
From Poles to Filipinos? UK food industry needs post-Brexit workers

By Nigel Hunt MILTON KEYNES, England (Reuters) - Britons who voted for Brexit in the hope of slashing immigration seem set for disappointment. In... ...

http://www.sify.com/finance/from-poles-to-filipinos-uk-food-industry-needs-post-brexit-workers-news-news-rmhvGGcdjgjfe.html
AB Business Enterprises plans to raise Rs 250 cr pvt equity

AB Business Enterprises, which operates transportation service provider Parveen Travels, is in talks with investment bankers to raise private... ...

http://www.business-standard.com/article/pti-stories/ab-business-enterprises-plans-to-raise-rs-250-cr-pvt-equity-117120700838_1.html
Troubles ahead for Vedanta in Rs 600 cr Rock Phosphate scam

More troubles are brewing for the mining giant Vedanta Resources Plc. Blaming state government and Anti Corruption Bureau (ACB) for protecting... ...

http://www.dnaindia.com/india/report-troubles-ahead-for-vedanta-in-rs-600-cr-rock-phosphate-scam-2565687
Shire in deal to develop a new way to administer hemophilia drug

(Reuters) - Shire Plc said on Tuesday it had partnered with a California-based company to develop a new way to administer a drug to treat... ...

http://feeds.reuters.com/~r/reuters/INhealth/~3/YEDJIErf77M/shire-in-deal-to-develop-a-new-way-to-administer-hemophilia-drug-idINKBN1DZ1Z1

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