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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......

AAI moves court against Kingfisher Airlines to recover Rs 294-crore dues

Vijay Mallya, the airline’s chairman and UB group head, and senior company executives have been named as defendants in the suit and they have been asked to respond to the airport......

Kingfisher not a wilful defaulter, says HC

Calcutta HC dismisses United Bank of India’s decision on technical grounds This New Year, UB Group chief Vijay Mallya has a reason to celebrate. The Calcutta high court has dismissed United......

Wilful defaulter tag may impact Mallya's MCF ownership battle

United Bank of India (UBI)’s decision to declare UB Group chief Vijay Mallya a wilful defaulter has cast a shadow on Zuari chief Saroj Poddar’s plan to jointly own controlling stake in......

Mallya's hold on United Breweries slips further

UB Group Chairman Vijay Mallya’s grip on United Breweries slipped further on Thursday, after lenders to UB Group companies offloaded a part of the stake in Kingfisher beer that was pledged to......

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......

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
PwC caught in USL-Mallya crossfire

After taking a reputational knock in the Satyam scam, auditing firm PricewaterhouseCoopers finds itself in the eye of yet another corporate storm.... ...

http://www.rediff.com/money/report/pwc-caught-in-usl-mallya-crossfire/20150428.htm
Diageo says support to Mallya subject to 'absence of defaults'

With United Spirits asking its own chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its ‘contractual... ...

http://www.rediff.com/money/report/diageo-says-support-to-mallya-subject-to-absence-of-defaults/20150427.htm
Diageo asks Vijay Mallya to quit USL board; alleges fund diversion

New Delhi: Alleging fund diversion to Kingfisher and other UB group entities, United Spirits’ new owner Diageo has asked Vijay Mallya to step... ...

http://www.indiatvnews.com/business/india/united-spirits-new-owner-diageo-has-asked-mallya-to-step-down-18455.html
Bad year so far on Dalal Street

Nearly a year into Narendra Modi’s rein, the Indian equity market is no longer the story it was. The benchmark S&P Sensex, up as much as... ...

http://www.rediff.com/money/report/sensex-year-to-date-returns-turn-negative/20150425.htm
Mumbai airport sells Mallya jet to scrap dealer

A midsize jet belonging to UB Group chairman Vijay Mallya was auctioned by Mumbai International Airport Ltd to a local scrap dealer for Rs 22 lakh... ...

http://www.rediff.com/money/report/mumbai-airport-sells-mallya-jet-to-scrap-dealer/20150416.htm

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