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Diageo And United Spirits 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......

Sebi clears Diageo's open offer for United Spirits

 Moving closer to complete its Rs 11,167 crore (Rs 111.67 billion) takeover of majority stake in United Spirits, global liquor giant Diageo Plc has got market regulator Sebi's clearance for an open......

United Spirits to shed 300 jobs

 United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company. United Spirits Ltd (USL), majority owned by British liquor major......

Foreign holding in United Spirits dips to 3-year low

 Foreign institutional investors have pared their stake to a three-year low in UB Group firm United Spirits, which is currently awaiting regulatory nod for sale of a majority stake to global liquor......

Diageo gets 10% stake in United Spirits

 Vijay Mallya led-United Spirits Ltd said on Monday its board has approved allottment of around 1.45 crore (14.5 million) shares on a preferential basis to Relay BV, a subsidiary of Diageo Plc, for......

United Spirits, Diageo hold discussions with CCI

 Awaiting clearance for their $2 billion deal, executives of United Spirits and Diageo on Monday met officials of fair trade regulator Competition Commission of India (CCI) in New Delhi.United......

Mallya is still the boss at Force India

 ‘Nothing has changed at Force India,’ says Mallya IMAGE: Force India Formula One drivers, Nico Hulkenberg of Germany, left, and Sergio Perez of Mexico,right, and Force India team......

JSW shelves plans to buy IPL franchise RCB

 - I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated Players from Royal Challengers Bangalore. Photograph: BCCI JSW Group, an $11 billion......

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:......

Force India to get investment boost

 Force India will have a 50 million pound boost to help them move up the Formula One grid after a strong performance this year, the team's co-owner Vijay Mallya announced. -Sahara Force India not......

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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