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United Breweries Ltd

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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......

United Breweries plans Rs 100 cr expansion

United Breweries Ltd plans to invest about Rs 100 crore (Rs 1 billion) in establishing new Greenfield brewery plants in Orissa, Rajasthan and Uttar Pradesh, as well as expanding the ones existing......

Some cheer for Mallya: United Breweries' profit rises

United Breweries Ltd on Friday posted a net profit of Rs 34.2 crore (342 million) for the second quarter ended September 30, as against Rs 19.5 crore (195 million) in the year-ago period.The......

Legal panel allows Vijay Mallya to head United Breweries

The board of directors will review the position of Vijay Mallya, under self-exile in Britain, at its next meeting on August 12. Vijay Mallya would continue to be chairman of United Breweries (UB),......

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......

Heineken attempts to gain more control over United Breweries

Dutch brewing giant Heineken is understood to be in various stages of discussion with UB Group chairman Vijay Mallya to gain more control over India's largest brewer, United Breweries. Mallya,......

Mallya suffers legal setback in F1 car ad case

Force India Formula One drivers, Nico Hulkenberg of Germany (L) and Sergio Perez of Mexico (R), and Force India team principal Vijay Mallya pose with the new Force India racing car. Photograph:......

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......

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