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Diageo And 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's defiance prompts Sebi to seek changes to Companies Act

Sebi has now proposed that the Companies Act should also clearly mention that a person should vacate the office of a director if it orders his or her disqualification. Capital markets regulator......

United Spirits to sell 13 properties once owned by Vijay Mallya

The company secured independent valuation for these properties and had shared the same with Mallya United Spirits Ltd (USL) plans to sell 13 properties, earlier owned by its former Chairman and......

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......

Mallya is still the boss at Force India

‘Nothing has changed at Force India,’ says Mallya IMAGE: Force India Formula One drivers, Nico Hulkenberg of Germany, left, and Sergio Perez of Mexico,right, and Force India team......

Why Sahara may find it difficult to sell stake in Force India F1 team

- Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be......

JSW shelves plans to buy IPL franchise RCB

- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated Players from Royal Challengers Bangalore. Photograph: BCCI JSW Group, an $11 billion......

Mallya suffers legal setback in F1 car ad case

Force India Formula One drivers, Nico Hulkenberg of Germany (L) and Sergio Perez of Mexico (R), and Force India team principal Vijay Mallya pose with the new Force India racing car. Photograph:......

Force India to get investment boost

Force India will have a 50 million pound boost to help them move up the Formula One grid after a strong performance this year, the team's co-owner Vijay Mallya announced. -Sahara Force India not......

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