News for '-bangalore-debt-recovery-tribunal'

Heineken buys 14.98% more stake in UBL; shareholding now at 61.5%

Heineken buys 14.98% more stake in UBL; shareholding now at 61.5%

Rediff.com23 Jun 2021

Dutch brewing major Heineken on Wednesday said it has acquired an additional 14.98 per cent stake in United Breweries Ltd, taking its total shareholding to 61.50 per cent. "Heineken N.V. today (on Wednesday) announces that it has acquired an additional 39,644,346 ordinary shares in United Breweries Ltd (UBL) taking its shareholding in UBL from 46.5 per cent to 61.5 per cent," Heineken said in a statement. UBL, with its flagship brand 'Kingfisher', is the leading player in the beer market in India.

UK high court deals another blow to Mallya

UK high court deals another blow to Mallya

Rediff.com17 Apr 2019

The court ruled that an interim debt order in favour of SBI and other banks seeking access to funds in the Mallya's ICICI UK bank account "should remain in force" but the application to make it final should be adjourned until after the hearing of his pending bankruptcy petition.

UBI knocks on EU regulator's door against Airbus

UBI knocks on EU regulator's door against Airbus

Rediff.com28 Oct 2014

Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Rediff.com19 Apr 2019

Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.