Vijay Mallya acquires Gandhi's effects

With nail biting suspense mounting each second, and the bid for Mahatma Gandhi's seven items belonging to soaring from $ 20,000 to $1 million in less than half a minute, the plush room at the......

Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

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......

KFA lenders mull legal path for United Breweries shares

The lenders to UB Group-owned Kingfisher Airlines are understood to be considering legal options on how they could gain part-access to the highly-valued United Breweries shares, owned by promoters,......

Heineken eyes control of Mallya's United Breweries

Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire Heineken is likely to ask Vijay Mallya, who owes creditor banks more than......

Mallya's hold on United Breweries slips further

UB Group Chairman Vijay Mallya’s grip on United Breweries slipped further on Thursday, after lenders to UB Group companies offloaded a part of the stake in Kingfisher beer that was pledged to......

HC orders winding up of Mallya's United Breweries

In a major jolt to liquor baron Vijay Mallya, the Karnataka high court on Tuesday ordered the winding up of United Breweries (Holdings) Ltd (UBHL), the parent company of UB Group, for recovering......

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......