UB Group Chairman Vijay Mallya's grip on United Breweries slipped further on Thursday, after lenders to UB Group companies offloaded a part of the stake in Kingfisher beer that was pledged to them.
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
American Webb Simpson clinched his first major title with a nerve-jangling one-shot victory at the 112th US Open after overhauling overnight leaders Jim Furyk and Graeme McDowell.
McDowell Mohun Bagan routed Shillong Lajong 6-1 during the I-League encounter at the Yuba Bharati Krinangan, in Kolkata, on Tuesday.
Kingfisher East Bengal and McDowells Mohun Bagan played out a 1-1 draw in the 19th round I-League clash played at the Yuba Bharati Krinangan, in Kolkata on Saturday.
Sporting Clube de Goa took the winds out of McDowell Mohun Bagan's sails with a fascinating 2-1 win in a 15th round I-League encounter at the Nehru Stadium, Fatorda, Goa on Thursday.
Shillong's Lajong Football Club beat Kolkata giants Mohun Bagan 3-1, while Dempo got the better of Mohammedan Sporting by a similar margin in the Federation Cup football tournament on Monday night.
UB Group stocks, led by United Breweries Holdings Ltd, on Monday slumped by up to 5.3 per cent as trouble mounted for Vijay Mallya.
Around five thousand amateur golfers from more than 29 golf clubs, spread across 22 cities in the country will participate in the ninth edition of the McDowell Signature Club Golf Championships.
Riding on a brace from Nigerian striker Odafa Okolie, McDowell Mohun Bagan defeated Air India 3-1 at the Salt Lake Stadium, in Kolkata, to move up to 24 points in the I-League table.
China's President Xi Jinping congratulated scientists on the complete success of the Chang'e-5 mission.
Tiger Woods stormed into contention at the U.S. Open with a sizzling back nine on Saturday that put him five shots behind fellow-American Dustin Johnson with one round to go at Pebble Beach.
'I am indirectly related to VG Siddhartha. Excellent human and brilliant entrepreneur. I am devastated with the contents of his letter,' Mallya said on Twitter.
Experts are of the opinion that though the second half of this financial year will see some recovery, volume growth is likely to remain in single digit as compared to the double-digit rise recorded in past years.
Liquor firms introduce innovative packaging to push sales and save costs.
Shutting of stores had not stopped alcohol sales. On the contrary, it had increased black market operations and peddling of illicit hooch, which could cause death/serious injury.
Mary McDowell, executive vice-president and general manager (enterprise solutions), Nokia, is not ready to rest on her laurels, yet. In the second quarter of 2007, Nokia's enterprise solutions unit recorded an operating profit of Euro99 million.
A second place finish at the inaugural Ballantine's Championships in South Korea helped Jeev Milkha Singh climb 11 spots to be placed at 79th in the latest official world golf rankings.
A wild approach at the 18th hole cost Graeme McDowell the outright lead after the third round of the US $ 2.9 million Ballantine's Championship in Jeju, South Korea on Saturday. A double-bogey six gave the Northern Irishman a six-under 66, leaving him tied with India's Jeev Milkha Singh on 18-under 198. Singh fired a sparkling 64 in calm conditions on the honeymoon island of Jeju following two days of gusting winds.
Jeev Milkha Singh came up with a disciplined performance to card a six-under 66 in the second round and maintain his tied second spot in the $ 2.9 million Ballantine's Championship in Jeju on Friday.
Police, while reopening the case, have informed Interpol that Salahuddin is in Pakistan and sought the help of the world police organisation to extradite him, highly placed sources in the state government said.
Arjun Atwal remained on course to end a prolonged title drought while an upwardly mobile SSP Chowrasia joined the US-based Indian at tied fifth spot after the penultimate round of the Indian Masters in New Delhi on Saturday.
FMCG players -- Dabur, HLL, PSU BPCL, Korean car maker Hyundai, liqour barron Vijay Malaya's Mcdowell and TVS motors -- are among the major companies found to violate Advertising Standards Council of India code.
Venky's India is a contrarian pick in the poultry industry
In a move that could change the sweepstakes in the Indian beer market, brewing giant SABMiller plans to acquire rival Scottish & Newcastle in a $12.8 billion deal, the Sunday Express said on Sunday.
Finance Minister P Chidambaram will give away the 'Businessworld Most Respected Company Awards' for 2004 in Mumbai on Friday.
We have to get used to oil prices at $100 a barrell.\n
McDowell's, the whisky brand owned by USL, sold 19.27 million nine-litre cases of Indian made foreign liquor whisky in 2012, compared to Officer's Choice whisky, owned by the Chhabria-led Allied Blenders & Distillers, which sold 18.55 million cases.
Australia's Trade Commissioner to India Elizabeth Sullivan has said that several food and beverages company in her country are keen to enter the Indian market.
Vijay Mallya-controlled UB Group's open offer for acquiring stake in liquor firm Shaw Wallace will begin on April 18, the manager to the offer said on Thursday.
The scrip of private airlines, Jet Airways, has been included in the BSE-200 index while that of Polaris Software has been excluded from the IT and Tech index with effect from June 6.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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