Beleaguered businessman Vijay Mallya had made at least four trips abroad before his controversial March 2 departure since a look-out notice was issued by CBI on October 16 last to know his movements.
Price has been fixed at Rs 85.3cr
United Breweries is planning to set up three greenfield breweries in the country, including a large unit in Rajasthan, a top official of the company said on Friday.
Vijay Mallya has lost control of his companies.
McDowell has acquired 85 per cent of Triumph Distilleries and Vintners Pvt Ltd at around Rs 600 million from a clutch of investors.
The buoyancy in the capital market has enthused companies like Sterlite, UB, Bharat Forge and Centurion Bank to plan rights issues totalling Rs 2,450 crore this fiscal, which is more than double the Rs 1,006 crore raised in 2003-04.
The order brings an end to the nearly three-year legal battle in the Tribunal by the consortium, comprising 17 banks, to recover the money owed to them by the defunct airlines.
The contempt petition in the Karnataka High Court has been filed only against liquor baron Vijay Mallya alleging breach of an oral undertaking given before the Debt Recovery Tribunal that they would not alienate unencumbered assets nor deal with them, Counsel for a consortium of banks clarified on Wednesday.
The results are required to be disclosed by listed companies on stock exchange platform for benefit of investors.
Cricket Australia have agreed to let Muslim leg spinner Fawad Ahmed compete without the logo of a sponsor's beer brand on his shirt out of respect for his "personal beliefs".
It had declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he had failed to appear despite repeated summonses.
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Justice Ram Mohan Reddy asked Mallya to appear in court and bring along his passport.
The Survey shows fiscal consolidation despite slowdown in growth.
Kingfisher House is one of the prime real estates of the airline.
Through the past decade, Bihar's revenue from liquor has quadrupled
The lenders have not ruled out selling the property to recover part of their loans to the company.
Mallya, whose Kingfisher Airlines owes money to several banks, had on Thursday said he will challenge UBI's decision to declare him a willful defaulter.
The Supreme Court has rejected an appeal by Vijay Mallya to overturn charges against him for allegedly violating foreign exchange rules, adding to the legal challenges facing one of the country's most prominent businessmen.
The petition has also made the Ministry of Finance and the bank as parties in the case.
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
Diageo asks Mallya to quit USL board; alleges fund diversion
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
Agency sources said that besides Mallya, his companies Kingfisher Airlines and United Breweries Holdings Limited have been named as accused in the FIR.
United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company.
After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company
The agency did not seek a reappointment in FY12.
In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
Diageo may not be able to recover $135 mn loan from Mallya firm
The summons was issued to Mallya under provisions of the Prevention of Money Laundering Act in connection with the IDBI case.
India's tough stance is better late than never.
IT, pharma and FMCG stocks are the top performers in 2013.
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