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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......

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......

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......

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......

Mallya received part of Diageo funds in offshore accounts

In 2012, Diageo had paid Rs 3,635 crore to Mallya for his 19.3 per cent stake in United Spirits. Vijay Mallya, chairman of UB group, received part of the proceeds from the sale of shares in United......

Mallya resigns as USL chief; to be paid Rs 515 crore

Mallya will now be the Founder Emeritus of USL Liquor baron Vijay Mallya on Thursday quit as chairman of United Spirits -- a company set up by his family but now controlled by global liquor giant......
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SC questions Mallya over 'truthful' disclosure of assets

[India], Mar. 9 (ANI): The Supreme Court on Thursday asked liquor baron Vijay Mallya whether he spoke truth regarding his assets or not. The apex... ...

http://www.sify.com/news/sc-questions-mallya-over-truthful-disclosure-of-assets-news-national-rdjphceiajfag.html
SC to hear SBI-led consortium's plea against Mallya

[India], Mar. 03 (ANI): The Supreme Court will on Monday hear the plea filed by State Bank of India (SBI)-led consortium of banks seeking recovery... ...

http://www.sify.com/news/sc-to-hear-sbi-led-consortiums-plea-against-mallya-news-national-rddxJkbgjbced.html
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... ...

http://www.rediff.com/money/report/indias-largest-beer-maker-sees-a-low-from-highway-sale-ban/20170210.htm
United Breweries asks Vijay Mallya to step down from board

Last month, Sebi had banned Mallya and six former officials of United Spirits Ltd (USL) from securities markets in a case related to illegal fund... ...

http://www.firstpost.com/business/united-breweries-asks-vijay-mallya-to-step-down-from-board-3274030.html
Service tax office to auction Mallya's jet plane on March 15-16

Mumbai - The Indian Service Tax Department will auction absconding industrialist Vijay Mallya-led Kingfisher Airlines' corporate jet in March to... ...

http://www.sify.com/finance/service-tax-office-to-auction-mallyas-jet-plane-on-march-15-16-news-finance-rb4rajcggifcd.html

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