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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, Pak should work in the same spirit: Clinton

Welcoming the resumption of talks between India and Pakistan, the United States has urged both the nations to work in the same spirit to help in ensuring stability in war-ravaged Afghanistan.......

Kashmiri women a symbol of resistance: Sonia

United Progressive Alliance chairperson and Congress president Sonia Gandhi on Monday praised the courage and spirit of Kashmiri women who had "been through the worst during the violence in the......

TDP reiterates support for Samaikya AP

The Telugu Desam Party on Saturday reiterated its commitment to Samaikya (united) Andhra Pradesh and vowed to put up a spirited fight against the ruling Congress Party in the ensuing elections to......

At UN, Pope appeals to the moral conscience of man

Pope Francis on Friday called upon the world community to put aside their “partisan interests and sincerely strive to serve the common good”. Here are highlights of Pope......

United Spirits sells UB shares worth Rs 872 cr to Heineken, loses 'promoter' status

Vijay Mallya slowly losing control of the beer firm The Diageo-owned United Spirits Ltd on Tuesday sold 3.21 per cent stake in United Breweries Ltd, India’s largest beer company, for Rs 872......

Fund diversion by Mallya a 'wake up call' for United Spirits

The fact that United Spirits Limited, which was a UB group company before its acquisition by Diageo, had provided financial support to other group companies is not a new revelation to the market.......

UB entities, others under multi-agency scanner

As Vijay Mallya fights it out with United Spirits to retain his Chairmanship, the role of some top executives, auditors and promoter entities linked to the UB Group have come under scanner of......

Diageo says support to Mallya subject to 'absence of defaults'

With United Spirits asking its own chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its ‘contractual obligations’ to support his presence would not apply in the......

Mallya Vs Diageo: Sebi to look into disclosure, other lapses

With liquor giant United Spirits asking its own Chairman Vijay Mallya to quit, markets watchdog Sebi and other regulatory agencies have begun looking into suspected irregularities at the company,......

Berbatov leads Man United back from the brink

Dimitar Berbatov struck twice as Premier League leaders Manchester United recovered from two goals down to beat promoted Blackpool 3-2 in a thrilling game on Tuesday. United were staring at their......

EPL: Man City maintain perfect start, Chelsea slump at home

Raheem Sterling celebrates with teammates after scoring the first goal for Manchester City. Photograph: Rebecca Naden Livepic/Reuters Manchester City maintained their perfect start to the season......

Full text of the Justice Lodha IPL verdict

Justice Rajendra Mal Lodha. Photograph: PTI Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials,......

VVS Laxman's Pataudi Lecture: Full Text

Full text of VVS Laxman's Pataudi Memorial Lecture in Kolkata. VVS Laxman delivers the third annual Pataudi Memorial lecture, at the Taj Bengal Hotel in Kolkata. Photograph: BCCI Good evening......

EPL: QPR owner Fernandes to stand by Redknapp

QPR Chairman Tony Fernandes and a friend during the Premier League match. Photograph: Paul Gilham/Getty Images Loyalty and football are two words that do not often go together, but after watching......
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