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Vijay Mallya buys Tipu's sporting gun, other items

Liquor baron Vijay Mallya has bought several items related to former Mysore ruler Tipu Sultan at a Sotheby's auction in London.He spent 1 million pounds for his new acquisitions.Mallya, chairman of......

Vijay Mallya plans to set up Tipu museum

Liquor baron Vijay Mallya has said he plans to set up a museum dedicated to the erstwhile ruler of Mysore Tipu Sultan.The Rajya Sabha member and chairman of the United Breweries Group of India......

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......

I-T raids on offices of Jaya TV, associates over suspected tax evasion

Income Tax sleuths on Thursday carried out simultaneous multi-city raids on 187 premises including those linked to sidelined AIADMK leaders V K Sasikala and her nephew T T V Dinakaran and Tamil......

Good times ahead for United Breweries as heatwave, IPL set the tone

A cocktail of heatwave and upcoming cricketing events is expected to usher in the peak season for the country’s largest beer maker, United Breweries. Photograph: Rupak De Chowdhuri/Reuters......

Mallya could lose more of United Breweries

Vijay Mallya, UB Group chairman who has painted himself into a corner over debts for his now-grounded Kingfisher Airlines, might be forced to shed some of his holdings in United Breweries, the......

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......

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......

Liquor firms in Telangana buckle under unpaid state bills

A deepening payment paralysis in Telangana’s liquor industry is beginning to choke manufacturing units and strain supplies, employment, and the broader investment landscape, industry bodies have......

East Bengal eye Pakistan striker

East Bengal is looking at the prospect of hiring Pakistani striker Mohammad Essa, who impressed in the just-concluded drawn India-Pakistan series, in Pakistan.According to the club sources, Essa......

Mallya to keep trying for F1 race

Federation of Motor Sports Clubs of India chairman Dr Vijay Mallya on Friday welcomed the news of India being offered the chance to host a Formula One Grand Prix in 2009, but said he would still......

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......