Diageo on Thursday took full control of South African beer maker United National Breweries.
Mallya has denied that he had fled India and said he would comply with laws.
According to various senior UB Group officials, the strategy of 14 power brands' focus is expected to be rolled out soon.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
Case is related to payment of user development and passenger service fee.
The judge said the assets of the respondent company cannot be left under the control of UBHL and could be handed over to official liquidator to achieve the winding up process s per the law.
Following the October 24 Supreme Court order, the department of telecom estimated that the total liability of 15 telecom companies, including penalties and interest, would be Rs 1.47 lakh crore.
Last Saturday, USL board asked its Chairman Vijay Mallya to quit.
Kingfisher House is one of the prime real estates of the airline.
UB group chairman Vijay Mallya on Tuesday said that Delhi Chief Minister Arvind Kejriwal was pursuing "unconventional methods" to attain his objectives while asserting that there should be no "witch-hunt" against industrialists.
Calcutta HC dismisses United Bank of India's decision on technical grounds
Vijay Mallya had indicated last month that he wanted to move to the UK to be closer to his children.
First case filed after new norms come into force, NCLT admits plea.
"I just have to ride out the storm," Vijay Mallya said.
'It is surprising and unfortunate that unfounded allegations are now being made without any reference to me whatsoever,' Vijay Mallya said.
The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.
The Enforcement Directorate had asked for financial details from both public and private sector banks and a part of these details were submitted last week
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
Mallya showed his net worth at Rs 615 crore, mainly in shares and bonds.
"I am an international businessman. I travel to and from India frequently.
Agency sources said that besides Mallya, his companies Kingfisher Airlines and United Breweries Holdings Limited have been named as accused in the FIR.
United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company.
'The appellant (Mallya) has five business days to apply for oral consideration. If a renewal application is made, it will be listed before a high court judge and dealt with at a hearing,' a spokesperson for the UK judiciary said.
The agency did not seek a reappointment in FY12.
In all, 4.2 million shares were sold during the quarter.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
UBI's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion) as part of consortium led by State Bank of India.
Creditors are fighting to get back Rs 600 crore, KFA employees not paid for months.
Beleaguered businessman Vijay Mallya on Thursday told the Supreme Court that banks have no right over the information of his overseas movable and immovable assets as he was an NRI since 1988.
In a major clampdown for non-compliance of Listing Agreement, top exchanges BSE and NSE announced suspension of trading in shares of Kingfisher Airlines and another group firm, UB Engineering, from next month.
UB Group Chairman Vijay Mallya is no longer a member of India's 100 Richest club, even as fortunes of the country's uber-rich have seen a significant growth since last year.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts
UK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd, more than double of Rs 1,440 it offered in the previous bid last year.
The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
A Special Court for Economic Offences has ordered summons to be issued against him over dues from his Kingfisher Airlines to the I-T Dept.
Embattled Indian business tycoon Vijay Mallya on Friday made a rare public appearance in the United Kingdom as he attended the free practice sessions ahead of Sunday's British Grand Prix, in Silverstone.
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