Diageo to launch United Spirits open offer in Jan

Diageo Plc will launch its over Rs 5,441 crore (Rs 54.41 billion) open offer in January next year to acquire 26 per cent stake in Vijay Mallya-led United Spirits.United Spirits had earlier signed a......

Sebi clears Diageo's open offer for United Spirits

Moving closer to complete its Rs 11,167 crore (Rs 111.67 billion) takeover of majority stake in United Spirits, global liquor giant Diageo Plc has got market regulator Sebi's clearance for an open......

Diageo gets 10% stake in United Spirits

Vijay Mallya led-United Spirits Ltd said on Monday its board has approved allottment of around 1.45 crore (14.5 million) shares on a preferential basis to Relay BV, a subsidiary of Diageo Plc, for......

United Spirits-Diageo talks may have hit a rough patch

Vijay Mallya may have once again hit a rough patch. Nearly six months after the liquor baron opened talks with global spirits company Diageo Plc to offload a strategic stake in his flagship United......

Will RCB have a new owner ahead of IPL 2026?

IMAGE: Royal Challengers Sports Pvt Ltd "has been a valuable and strategic asset" but is "non-core" to United Spirits' alcobev business, Diageo CEO Praveen Someshwar said in an exchange filing.......

Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the......

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......

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:......

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......