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United Breweries Group And Kingfisher Airlines

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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......

Woodpecker Air that brew intoxicants: CEA takes dig at Mallya

Kingfisher Airlines, promoted by Vijay Mallya whose other group entities included United Breweries, owe close to Rs 7,000 crore to 17 banks. In an apparent dig at Kingfisher crisis, chief economic......

Diageo asks Mallya to quit USL board; alleges fund diversion

Alleging fund diversion to Kingfisher and other UB group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as Chairman and Director of the Indian liquor firm, a demand......

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......

Mallya could lose more of United Breweries

Vijay Mallya, UB Group chairman who has painted himself into a corner over debts for his now-grounded Kingfisher Airlines, might be forced to shed some of his holdings in United Breweries, the......

Heineken attempts to gain more control over United Breweries

Dutch brewing giant Heineken is understood to be in various stages of discussion with UB Group chairman Vijay Mallya to gain more control over India's largest brewer, United Breweries. Mallya,......

Why Sahara may find it difficult to sell stake in Force India F1 team

- Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be......
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United Spirits to shed 300 jobs

United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company. United Spirits Ltd (USL),... ...

http://www.rediff.com/money/report/united-spirits-to-shed-300-jobs/20160716.htm
Mallya withheld asset info, sue him for contempt

To continue reading, we request you to support us by disabling your Ad Blocker In order to serve content on our website, we rely on advertising... ...

http://m.hindustantimes.com/business-newspaper/banks-to-sc-mallya-withheld-asset-info-sue-him-for-contempt/story-ZNM0p3zGxYVcFgh26Jq5vO.html
ED contemplates to attach Mallya's Formula One assets

Sources within the agency confirmed that Mallya's might lose its Formula One assets, soon. Vijay Mallya Briefcase Nine movable and... ...

http://indiatoday.intoday.in/story/ed-contemplates-to-attach-mallyas-formula-one-assets/1/713493.html
United Spirits evasive on Mallya, says ED

Vijay Mallya United Spirits was reluctant to share information on loans to several entities owned by Vijay Mallya, Enforcement Directorate (ED)... ...

http://wap.business-standard.com/article/markets/united-spirits-evasive-on-mallya-says-ed-116071100917_1.html
United Spirits Says Funds Diverted By Mallya, Sebi Steps Up Probe

Beleaguered businessman Vijay Mallya has refuted fund diversion charges by USL. New Delhi : In mounting troubles for embattled businessman Vijay... ...

http://profit.ndtv.com/news/corporates/article-sebi-steps-up-vijay-mallya-probe-to-seek-overseas-help-report-1429887

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