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Marketing Of United Spirits Ltd

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Indian diaspora celebrates 76th Republic Day with enthusiasm

Leaders from various countries wished India on its 76th Republic Day on Sunday, expressing hopes to strengthen bilateral relations, while the Indian diaspora, adorned in colourful traditional......

Why we must support the Food Security Bill

Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India’s poverty has damaging consequences for......

Full text: What Modi, Obama agreed on

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India. Prime Minister Narendra Modi and President Barack Obama assessed the......

Sebi clears Diageo's open offer for United Spirits

Moving closer to complete its Rs 11,167 crore (Rs 111.67 billion) takeover of majority stake in United Spirits, global liquor giant Diageo Plc has got market regulator Sebi's clearance for an open......

United Spirits, the next shaky ground for Mallya

Brewing billionaire Vijay Mallya's woes seem to be compounding. His flagship spirits arm, United Spirits Ltd (USL), is starting to mirror Kingfisher Airlines. An over-leveraged acquisition of......

United Spirits close to 49% stake sale in Whyte & Mackay

Nearly six months after he put the stake sale process of Whyte & Mackay on the fast track to find a solution to United Spirits' high leverage, UB Group Chairman Vijay Mallya is understood to be......

United Spirits considers selling Whyte & Mackay completely

Ever since Diageo struck a deal to buy controlling stake in United Spirits Ltd, the two companies have pulled all stops to ensure the “dream combination” gets all the regulatory......

Kingfisher lenders sell United Spirits shares to recover dues

Late last week, lenders to Kingfisher Airlines sold 400,000 shares of United Spirits Ltd (USL) pledged with them, at about Rs 2,600 a share, for a total of about Rs 104 crore (Rs one billion).......

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......

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......

Full text of the Justice Lodha IPL verdict

Justice Rajendra Mal Lodha. Photograph: PTI Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials,......

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