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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......

Creditors oppose UB plan to pay KFA staff a month's salary

UB Group Chairman Vijay Mallya said UB Holdings intends to pay Kingfisher Airlines, employees a month’s salary, but the plan might be difficult to execute. Creditors fighting hard for dues of......

Mallya intends to keep control of UBL

Vijay Mallya, chairman of UB Group, came out fighting at United Breweries Ltd (UBL)’s annual general meeting in Bangalore on Thursday. While he has already ceded management control of United......

Legal hurdles loom over Poddar's MCF, Kalindee buy

Kolkata-based Adventz group chairman Saroj Poddar’s plans to acquire a sizable chunk of shares in both Mangalore Chemicals & Fertilisers and Kalindee Rail Nirmaan Engineers can hit legal......

UB Group takes lenders to court

UB Holdings Ltd and its chairman, Vijay Mallya, have taken the company’s 17 lenders, including SBI Caps Trustee Company, to the Bombay High Court against the recovery process initiated by......

Bank shares catapult markets to record closing highs

The key benchmark indices ended at record closing highs, bolstered by strength on the banking counters. The 30-share Sensex galloped by 370 points or 1.6% at 22,714 points and the 50-share Nifty......

Budget issues for Kolkata's football big guns

The two giants of Indian football, Mohun Bagan and East Bengal, are facing turbulent times. On the pitch, East Bengal finished a respectable third in the 2012-13 I-League season, while Mohun Bagan......
  Web results for Ub Group Rsquo
Bank shares catapult markets to record closing highs

The key benchmark indices ended at record closing highs, bolstered by strength on the banking counters. The 30-share Sensex galloped by 370 points... ...

http://www.rediff.com/money/slide-show/slide-show-1-how-the-markets-fared-on-apr-9/20140409.htm
Three directors resign from defunct Kingfisher Airline's board

Three Kingfisher Airlines directors have stepped down from the board of directors, left with Vijay Mallya, the promoter chairman, as the sole... ...

http://www.rediff.com/money/report/three-directors--resign-from-defunct-kingfisher-airlines-board/20140408.htm
Lenders to sell Kingfisher Airlines' brand to recover dues

Lenders have initiated the process of selling Kingfisher Airlines (KFA) brand to recover their dues. The brand name was pledged to 14 lenders,... ...

http://www.rediff.com/money/slide-show/slide-show-1-lenders-to-sell-kingfisher-airlines-brand-to-recover-dues/20140408.htm
Why Apollo Global is lending to stressed cos in India

The year 2013 was a dream run for US-based Apollo Global Management. The fund made a killing when it sold its stake in chemical firm LyondellBasell... ...

http://www.rediff.com/money/report/-why-apollo-global-is-lending-to-stressed-cos-in-india/20140327.htm
Bharti Airtel raises over Rs 2,400 crore from overseas bond sale

The proceeds will be used to refinance its existing debt. The company said in a statement that ‘its wholly-owned subsidiary Bharti Airtel... ...

http://post.jagran.com/bharti-airtel-raises-over-rs-2400-crore-from-overseas-bond-sale-1394770384

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