United Spirits had earlier forked out a loan of as much as Rs 1,350 crore to UB Holdings.
Diageo Western Europe President John Kennedy would will take responsibility for Russia, Eastern Europe and Turkey as President, Diageo Europe.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
'While suppression of information is acceptable for the government, the Opposition's efforts at pinning the government and its leaders is labeled anti-national,' points out Nilanjan Mukhopadhyay.
'If the BJP detoxifies the nuclear liability law, it will bring economic, environmental and, most of all, strategic benefits.' 'Let's keep our fingers crossed and hope that this Budget promise is met soon -- ideally, before Mr Modi heads to his first meeting with Trump 2.0,' observes Shekhar Gupta.
Banks are seeking an order that Mallya should appear in person before the court.
The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
Deal will help the Diageo to ramp up its presence in the global whiskey market and Vijay Mallya to repay debts of its group company Kingfisher Airlines.
Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.
A total of 17 cases have been filed against Kingfisher Airlines in different courts over outstanding amount of Rs 22.5 crore, which it owes to GMR
In 2012, Diageo had paid Rs 3,635 cr directly to Mallya for his 19.3% stake in United Spirits.
Dinesh Karthik said the 300-frontier will be breached in the IPL sooner rather than later.
'I humbly request the government to create safe spaces for ALL women, the strictest of punishment and the swiftest justice.'
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
Royal Challengers Bangalore captain Virat Kohli remembered 'controversial' former franchise director Vijay Mallya for picking him in the team and providing an opportunity to rub shoulders with the world's best players. "My association with RCB has been special as it has been exciting from the first season. I was chosen to play for RCB by Mr Mallya. I have learnt so much and getting to play with the world's best players. "I am welcomed here warmly, I love this franchise, the city, fans, deep connection," he told reporters on the eve of his team's face-off with Sunrisers Hyderabad at Chinnaswamy stadium in Bengaluru. Mallya, who has defaulted in loans in excess of Rs 9000 crore, is facing probe by various investigative agencies. The 60-year-old bought RCB in 2008 but the popular franchise has not been able to win a single Indian Premier League title in eight attempts.
Like the billionaire investor Rakesh Jhunjhunwala, Gautam Gambhir, the tenacious former opener-turned-coach, also seems to be governed by instincts while picking unheralded players and turning them into match-winners, points out Vishal Menon.
Sports films have their own unique charm, but those centered on the Olympics and Olympians stand apart, depicting unparalleled tales of grit, guts, gumption, and glory.
Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. On the other hand, the Miss World Pageant scheduled for later this year in New Delhi, too, could provide some tailwind to these stocks, especially hotels and aviation. However, analysts suggest investors put their best foot forward and buy these counters only on a decline given the recent rally and economic headwinds.
From the early pioneers to today's global superstars, the Olympics have captured hearts and minds, shaping cultures and inspiring generations.
'The impact of CEO transition is fairly even for stocks, with about half (53 per cent) of the events not producing any change in the relative performance of the stock.'
IMAGES from the T20 World Cup match played between West Indies and Papua New Guinea, in Georgetown, Guyana, on Sunday.
Bar, in his first comments following the surprise attack that has left everybody shell-shocked in Israel, said the ISA 'failed to generate' a warning.
The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At the heart of Friday's case lay an ICICI Bank loan owed by Mallya's Watson and CASL, for which Diageo stepped in as a backstop so that it could be refinanced by Standard Chartered Bank.
'Interim Budget has ignited the entrepreneurial spirit.'
In 2012, Diageo signed a deal to buy stake in USL.
Mourinho has a reputation for creating a siege mentality at the clubs he manages, and he has used the injury crisis -- which saw top scorer Zlatan Ibrahimovic and key defender Marcos Rojo suffer serious knee injuries last week - to create a spirit of resistance amongst his current squad.
A complaint has been lodged with the Election Commission against Trinamool Congress Lok Sabha member Mahua Moitra for allegedly filing false election affidavits and tax evasion.
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
The bankers also alleged that the Rs 594-crore claim at this point of time is a clear-cut tactics of UBHL to delay the process of justice, knowing fully well that the case is on the verge of disposal.
Delhi, which has gained infamy as one of the world's most polluted cities, has for some years now witnessed a sustained campaign from various quarters seeking a ban on firecrackers. While the Centre launched the newly approved, eco-friendly firecrackers earlier this month as a "safer and cheaper" alternative, the mood in the market is tepid, says Ritwik Sharma.
Prime Minister Narendra Modi said on Sunday said he views the current situation in Ukraine as an issue of humanity and human values and not of politics or economy even as he called for respecting international law, sovereignty and territorial integrity of all nations.
The states were requested to take a stock of hospital preparedness such as availability of drugs and medical oxygen, vaccination coverage against COVID-19 and influenza.
.jpg)
Justice Ram Mohan Reddy asked Mallya to appear in court and bring along his passport.
'Revanth Reddy mounted a spirited campaign in Telangana which turned around the fortunes of the Congress in six months.'
Several of his lenders have a lot to answer for.
Dear patients and caregivers, be forewarned. The disease is deadly in the truest sense. Only the mildest forms seem to be curable, and those too, if detected earlier, observes Shreekant Sambrani.
'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'
The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya's ailing Kingfisher Airlines against the run of play, e-mails and letters claiming this and accessed by CNN-News18 indicate.
