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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......

SBI tags Mallya, his 2 firms as wilful defaulters

Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines After a protracted legal battle, State Bank of India (SBI) has declared industrialist Vijay Mallya a 'wilful......

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......

2 Kingfisher promoters release 5.64 crore pledged shares

Grounded carrier Kingfisher Airlines on Wednesday said promoters United Breweries Holdings and Kingfisher Finvest India have released about 5.64 crore pledged shares. United Breweries Holdings,......

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......

Kingfisher ceases to be a subsidiary: UB Holdings

Vijay Mallya-led UB group's United Breweries (Holdings) Ltd said on Thursday Kingfisher Airlines has ceased to be its subsidiary, but it had a significant exposure of over Rs 12,000 crore (Rs 120......
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Vijay Mallya ready to pay principal amount Kingfisher owes to banks

Vijay Mallya, the chairman of grounded carrier Kingfisher Airlines, has offered banks to pay the principal amount that he owes but not the interest... ...
United Spirits-Diageo deal over the years

Sept 25, 2012 USL and Diageo officially confirm that Diageo is in discussion with USL and United Breweries (Holdings) to acquire controlling stake... ...
Top 12 stocks trending on D-Street today

Vedanta & Hindalco Industries: Metals and mining major Vedanta and Aditya Birla group flagship firm Hindalco Industries will shift out of the BSE... ...
M&M, Aurobindo Pharma and Sobha to see some action today

SENSEX 25916.42 47.93 0.19% NIFTY 7870.45 13.90 0.18% Industries: Automobile, Banks & Finance, Consumer Durable, FMCG,... ...
7th Pay Commission panel

It has also recommended introduction of the Performance Related Pay (PRP) for all categories of central government employees. There is a widespread... ...

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