Diageo buys fresh 26% in USL for Rs 11,449 crore, gains control

Succeeding in its second attempt to gain controlling stake in United Spirits, world's largest liquor maker Diageo Plc has acquired an additional 26 per cent shares in India's largest alcoholic......

Sebi clears Diageo's Rs 114.48 bln open offer for USL

Global liquor giant Diageo Plc has received market regulator Sebi's clearance for an open offer to acquire additional 26 per cent stake in United Spirits Ltd for Rs 11,448.91 crore ( Rs 114.48......

Diageo launches Rs 11,449-cr open offer to hike stake in USL

The world's largest liquor maker Diageo Plc on Tuesday made an open offer worth Rs 11,448.91 crore (Rs 114.48 billion) to acquire an additional 26 per cent stake in United Spirits Ltd. The......

Weak China data wreaks havoc in domestic markets

Markets ended at their lowest level in 10 weeks on Monday as weak economic data from China, the world's second largest economy, raised worries that the global growth is still struggling. Further,......