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United Spirits And United Breweries Holdings

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CBI books Sisodia in excise case after day-long raid

 The Central Bureau of Investigation (CBI) on Friday raided the home of Delhi Deputy Chief Minister Manish Sisodia and 30 other locations in connection with alleged corruption in the implementation......

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'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......

Setback for Mallya, his plea against Sebi order dismissed

 In January, Sebi had barred Mallya and six former officials of USL from securities markets in a case related to illegal fund diversions. The Securities Appellate Tribunal (SAT) on Friday rejected......

Vijay Mallya: A man who knows the law too well

 Mallya has lived on the edge for long enough to know that his extradition from the UK is not a given, says N Sundaresha Subramanian. Illustration: Dominic Xavier/Rediff.com   His recent......

Another flop show! No bidder for Kingfisher Villa

 The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'. Goa's plush Kingfisher Villa, where Vijay Mallya has hosted several glitzy parties in the past, failed to......

Lenders to auction Kingfisher Villa on Wednesday

 Price has been fixed at Rs 85.3 crore The 17-lender consortium led by the State Bank of India will auction the Kingfisher Villa, the sea-facing plush property once-owned by the beleaguered Vijay......

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......

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