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Cheers to jugaad!

Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita......

Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

Will Bihar, Kerala and Tamil Nadu do a U-turn on prohibition?

State after state has imposed an alcohol ban, and has had to retreat, unable to address the financial and administrative fallout.Are we set for more of this cycle, asks Aditi Phadnis. IMAGE: In......

'Gandhi bot' beer brews controversy; US company apologises

The use of Mahatma Gandhi’s image on beer cans and bottle by a United States company has raised hackles with a petition being filed in a Hyderabad court alleging it had insulted the......

Special: The growth of Sonia, Rahul's 'non-profit' firm

How did not-for-profit firm owned 76 per cent by Congress chief Sonia Gandi and her son Rahul possess real estate worth hundreds of crores? N Sundaresha Subramanian and Kavita Chowdhury reportThe......

India's largest beer maker sees a low from highway sale ban

United Breweries says sales could fall by 40% following court ban. United Breweries Ltd, India’s largest beer maker and majority-owned by Dutch firm Heineken, has said that its sales of the......

Diageo to buy Mallya's remaining 50% stake in African firm

Diageo, the world's largest spirits maker on Thursday took full control of South African beer maker United National Breweries by acquiring the additional 50 per cent stake in the company from Vijay......

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......

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......

Diageo to buy half of Mallya's South Africa beer biz

Diageo announced it had entered into an agreement to acquire a 50 per cent interest in Vijay Mallya’s United National Breweries (UNB), which runs the UB Group’s traditional sorghum beer......

FIFA scandal is black cloud over Women's World Cup

‘Canadian Soccer Association is confident that the current situation will not impact the competition’ Prince William, Duke of Cambridge, President of the Football Association, visits......

A-Z of the 2010 football World Cup

The 2010 World Cup A-Z.A - Africa. The continent's first World Cup was embraced off the pitch but on it, where only Ghana of the record six teams taking part got beyond the group stage, it was a......

India a future F1 destination: Ecclestone

India's long standing desire of bringing Formula One to the country received a shot in the arm with F1 management head Bernie Ecclestone saying that he was "personally enthusiastic" about having a......

How football could thrive in India

It is the season of World Cup football. A remarkable feature of the tournament is that tiny countries like Tunisia, Costa Rica and Trinidad and Tobago appear among the participating nations, while......

UB warns Bagan on finances

Former National Football League champions Mohun Bagan have halted its player recruitment drive for the next season after receiving a stinker from its official sponsor, United Breweries, on......

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PSU banks lost Rs 227 bn to frauds in 5 years

Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.� Illustration: Dominic Xavier/Rediff.com. Public... ...

http://www.rediff.com/money/report/psu-banks-lost-rs-227-bn-to-frauds-in-5-years/20180215.htm

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