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......
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......
Bengaluru-based United Breweries (UBL), makers of Kingfisher beer, is eying strong growth in the premium beer segment, driven by changing consumer preferences towards premiumisation. Photograph:......
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,......
United Spirits plans to offer on franchise more than 50 of its non-core brands to its major distributors and bottling companies across the country. This marks a strategic shift from its earlier......
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......
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:......