Kingfisher ceases to be a subsidiary: UB Holdings

Vijay Mallya-led UB group's United Breweries (Holdings) Ltd said on Thursday Kingfisher Airlines has ceased to be its subsidiary, but it had a significant exposure of over Rs 12,000 crore (Rs 120......

USL's Rs 1,350-cr loan to UB Holdings under cloud

An advance of a little over Rs 1,350 crore (Rs 13.5 billion) to UB Holdings, the holding company of Vijay Mallya’s UB Group, from United Spirits, which presumably went to Kingfisher Airlines,......

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

Enforcement Directorate to approach court to attach industrialist’s properties worth Rs 4,000 crore The Enforcement Directorate (ED) has attached nine assets of beleaguered industrialist......

UBI may declare UB Holdings a wilful defaulter

United Bank of India (UBI) has sent a notice to United Breweries Holdings (UBHL), which was the corporate guarantor for loans to now grounded Kingfisher Airlines, seeking an explanation on why it......

Coming Up, World Corporate Chess In Goa

'India is quickly becoming the beating heart of modern chess, and its role as an economic power is more and more visible.' IMAGE: Goa to host the 2025 World Corporate Chess Championship with FIDE.......

42 Years On... Where Are Kapil's Devils Now?

The '83' WhatsApp group comprises the 14 members of the World Cup-winning team and administrative manager P R Man Singh. IMAGE: On June 25, 1983, under Kapil Dev's leadership, India won their......

Hamilton bats for all lives matter

Hamilton says Bahrain 'death row' letter hit home Photograph: Kind Courtesy, Lewis Hamilton/Twitter Lewis Hamilton said he had been moved by a letter from the son of a man facing the death penalty......