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Vijay Mallya Led United Spirits Ltd

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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......

'Mallya is the author of his own misfortune'

 Diageo, which had acquired Mallya's United Spirits nearly six years ago, is claiming $40 million paid to the liquor tycoon as part of an alleged breach of agreement. Even as he renewed an appeal......

Mallya denies Diageo's fund diversion charges

 'It is surprising and unfortunate that unfounded allegations are now being made without any reference to me whatsoever,' Vijay Mallya said. A day after United Spirits  (USL) accused Vijay......

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

 Enforcement Directorate to approach court to attach industrialist’s properties worth Rs 4,000 crore The Enforcement Directorate (ED) has attached nine assets of beleaguered industrialist......

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 case: Diageo questions DRT's power to attach money

 The company contented before the tribunal that the amount was paid outside India.     Diageo Plc on Thursday challenged Debt Recovery Tribunal's power to direct it to deposit $40......

Vettori to lead Royal Challengers in IPL 2011

 New Zealand skipper Daniel Vettori will lead Royal Challengers Bangalore in the fourth season of IPL 4. Vettori led a spirited New Zealand to the World Cup 2011 semi-finals, where the Kiwis lost......

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