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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......

UBI may declare UB Holdings a wilful defaulter

United Bank of India (UBI) has sent a notice to United Breweries Holdings (UBHL), which was the corporate guarantor for loans to now grounded Kingfisher Airlines, seeking an explanation on why it......

FIIs sell 10.64% stake in UBHL ahead of Diageo deal

Foreign institutional investors offloaded 10.64 per cent stake in Vijay Mallya's key company United Breweries Holdings Ltd, ahead of the Diageo-United Spirits deal.According to a revised......

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......

Break pact with Mallya, proxy firm tells Diageo

Proxy advisory firm Stakeholders’ Empowerment Services (SES) has advised Diageo to renege on its deal with United Spirits (USL) chairman Vijay Mallya, if the former is convinced of the......

'Mallya didn't disclose loans to UB entities'

British liquor major Diageo is facing a lot of flak for its silence on the alleged fund diversion from United Spirits to UB Group entities between 2010 and 2013.  The company in September last......
  Web results for Ubhl
How the case unfolded so far

United Spirits fund diversion saga has taken a curious twist. In its earnings press release sent to the BSE yesterday, the company has informed... ...

http://m.firstpost.com/business/united-spirits-fund-diversion-saga-gets-murkier-case-unfolded-far-2266698.html
USL Q4 net loss narrows to Rs 1,799 cr

India's largest liquor maker, United Spirits (USL), announced last fiscal's results on Wednesday, posting a standalone net loss of Rs 1,799.28... ...

http://www.financialexpress.com/article/industry/companies/usl-q4-net-loss-narrows-to-rs-1799-cr/77084/
United Spirits faces inquiries by regulators into accounting

Total income from operations rose 5.5% to Rs2,051.25 crore in the March quarter as higher prices offset weak demand. Photo: Ramesh Pathania/Mint... ...

http://www.livemint.com/Companies/hJfDs9BsYY2m7LMOLl1RHJ/United-Spirits-posts-Q4-loss-of-Rs1799-crore.html
USL reports losses for second consecutive year on provisions of Rs 1,900 cr

Loan of Rs 1,337.4 crore from Mallya's UBHL weighs heavily on USL's P account The USL board commissioned inquiry found that, between 2010 and 2013... ...

http://forbesindia.com/article/special/usl-reports-losses-for-second-consecutive-year-on-provisions-of-rs-1900-cr/40351/1
Endgame for Vijay Mallya?

Bengaluru/Mumbai: For someone who used to revel in publicity, Vijay Mallya is keeping an uncharacteristically low profile these days. The man... ...

http://www.msn.com/en-in/news/other/the-beginning-of-the-endgame-for-vijay-mallya/ar-BBjoPKL?srcref=rss

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