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......

Aristotle Would Have Envied Ivan

Ivan Menezes and Arvind Subramanian -- whose birthdays were separated by a month and 3 days in 1959 -- became close friends attending the economics course at St Stephen's.Ivan went on to be a......

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

Alok Sharma, an Indian-origin former UK minister, has been knighted for his contribution to combatting climate change through his leadership at the COP26 summit by King Charles III in his first New......

Diageo's India-born CEO Ivan Menezes passes away

Ivan Manuel Menezes, the India-born CEO of the world's biggest spirits company Diageo, died on Wednesday, days after being hospitalised for treatment of stomach ulcer. Photograph: Reuters Menezes,......

Near term demand triggers lacking for liquor major United Spirits

The stock of United Spirits, the country’s largest liquor company by market capitalisation (mcap), has gained 11 per cent over the past week on double-digit growth guidance, rising......

Diageo wins $ 135 mn claim against Mallya in UK court

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.......

Licious gears up for IPO with new CFO, profit pursuit

Fresh meat and seafood delivery unicorn Licious is intensifying its talent acquisition endeavours as it pursues profitability and readies for an initial public offering (IPO) within the next 24......

RCB official Sosale gets interim bail in stampede case

IMAGE: Four people taken into custody by Cubbon Park police in connection being produced at the court, in Bengaluru on June 6, 2025. Photograph: ANI Photo Royal Challengers Bengaluru's senior......

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......

Women's IPL: BCCI earns Rs 4669.99 crore windfall for 5 teams

IMAGE: The five-team Women's IPL will be held in March in Mumbai at a couple of venues. Photograph: BCCI The BCCI on Wednesday earned a Rs 4669.99 crore windfall for the sale of five teams in the......