Earlier, alleged financial irregularities had come to fore at United Spirits Ltd (USL) relating to loans advanced to UB Group firms including for long-defunct Kingfisher Airlines. In fresh troubles......
Intensifying its fight to wrest control of Vijay Mallya's Mangalore Chemicals & Fertilizer Ltd (MCFL), Zuari group is likely to offer a higher price to the firm's shareholders in a bid to defeat a......
Market regulator Sebi has sought clarifications from two rival bidders who have made offers for acquisition of additional stakes in Vijay Mallya-led UB Group's Mangalore Chemicals and Fertilisers......
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. The Enforcement Directorate......
The latest round of problems began last week with the minority shareholders of United Spirits Ltd trouncing proposed financial dealings of the company with its erstwhile promoter Mallya, who......