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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......

Sebi seeks UK's help to nail 'fund diversion' at United Spirits

Wants details of Vijay Mallya's transactions over 4 years The Securities and Exchange Board of India (Sebi) has written to a UK regulator, the Financial Conduct Authority (FCA), for information on......

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), majority owned by British liquor major......

United Spirits shows proof of Mallya's fund diversion

USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson. United Spirits Limited (USL), majority owned by British......

United Spirits says it has found fund diversions by Mallya entities

Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman United Spirits Limited (USL), owned by British beverage giant Diageo, on......

MCFL investments in UB group firm may be irregular

Earlier, alleged financial irregularities had come to fore at United Spirits Ltd (USL) relating to loans advanced to UB Group firms including for long-defunct Kingfisher Airlines. In fresh troubles......
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Setback for Vijay Mallya, tribunal orders recovery of loans

In a blow to beleaguered businessman Vijay Mallya, the Debt Recovery Tribunal on Thursday ordered the State Bank of India-led consortium of banks... ...

http://www.financialexpress.com/industry/rs-6203-cr-debt-setback-for-vijay-mallya-tribunal-orders-recovery-of-loans/515005/
DRT deals Rs 6,200 cr blow to Mallya

The Bangalore Debt Recovery Tribunal (DRT) has allowed banks to attach properties and recover their Rs 6,200 crore taken by Vijay Mallya for his... ...

http://www.dnaindia.com/money/report-drt-deals-rs-6200-cr-blow-to-mallya-2294217
Tribunal to SBI

defeat to liquor baron Vijay Mallya, who is staying in London, a Bengaluru Debt Recovery Tribunal on Thursday ordered SBI-led consortium of banks... ...

http://www.dailypioneer.com/nation/recover-loan-from-mallya-tribunal-to-sbi.html
Frenzied bidding for fleet of cars once owned by Mallya

MUMBAI: A fleet of cars that beer mogul Vijay Mallya once owned, including some vintages and classics, went under the auctioneer's hammer on... ...

http://economictimes.indiatimes.com/magazines/panache/frenzied-bidding-for-fleet-of-cars-once-owned-by-mallya/articleshow/56675044.cms
Banks get DRT nod to take Mallya's shares, deposits against loans

The debt recovery tribunal (DRT) in Bengaluru has directed a consortium of banks, led by State Bank of India, to begin recovery of Rs 6,203 crore... ...

http://smartinvestor.business-standard.com/market/Compnews-436923-Compnewsdet-Banks_get_DRT_nod_to_take_Mallyas_shares_deposits_against_loans.htm

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