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,......

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.......

Top-level rejig at Diageo management

World's largest spirits maker Diageo Plc on Wednesday announced a top-level rejig as United Spirits Chief Executive Officer Anand Kripalu has been elevated to its executive committee. It also said......

Diageo works on USL balance sheet

Diageo, the global spirits major which is scripting a massive overhaul of the Vijay Mallya-owned United Spirits, has hired global consulting major Accenture to restructure the latter’s......

Will RCB have a new owner ahead of IPL 2026?

IMAGE: Royal Challengers Sports Pvt Ltd "has been a valuable and strategic asset" but is "non-core" to United Spirits' alcobev business, Diageo CEO Praveen Someshwar said in an exchange filing.......

Adar Poonawalla Wants To Buy RCB

It is not yet clear if Diageo Plc is looking to sell its complete stake in RCB. IMAGE: Adar Poonawalla, CEO, Serum Institute of India. Photograph: ANI Photo   Serum Institute of India Chief......

India's Cricket Boom Is Just Beginning

'We have just scratched the surface because cricket has been around for the longest time.' IMAGE: Royal Challengers Bengaluru players celebrate with the IPL trophy in Ahmedabad, June 3, 2025.......

Golf Day: Windies cricketers tee off with legends

  IMAGE: West Indies cricket icons Vivian Richards, Brian Lara, and Richie Richardson were part of the Cricket West Indies Golf Day at the Qutab Golf Course, New Delhi, on Wednesday. Photograph:......

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......