Diageo stirs USL in bid to shake Indian market

Diageo may have got FMCG veteran Anand Kripalu to run United Spirits and appointed 3 directors on its board, but the road ahead is strewn with problems Diageo, the global spirits major, is on a......

Landmark real estate deal in offing for Volvo India

Volvo India, the Swedish multinational best known for heavy-duty trucks and sleek low-chassis buses, is set for a landmark real estate transaction in Bengaluru. The company is in the final stages......

USL's Rs 1,300-cr dues to be a drag on Diageo

Diageo, the global spirits giant that has picked up a 25.02 per cent stake for Rs 5,200 crore in United Spirits Ltd, is gaping at an outstanding of a little over Rs 1,300 crore (Rs 13 billion) that......

PE funds return to the table as UB Towers sale talks resume

Global private equity (PE) funds are understood to have come back to the table to discuss an acquisition of Bangalore’s UB Towers, the 17-storey corporate head office of UB Group, in a......