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Mallya's $40-million transfer to family members resulted in $25 fine

The Supreme Court (SC) on Monday slapped a fine of Rs 2000 ($25) and a four-month jail sentence on fugitive businessman Vijay Mallya. Photograph: Simon Dawson/Reuters In addition, the former......

Diageo works on USL balance sheet

Diageo, the global spirits major which is scripting a massive overhaul of the Vijay Mallya-owned United Spirits, has hired global consulting major Accenture to restructure the latter’s......

Diageo deal: Mallya set for 10% preferential allotment

Close to six months after signing a landmark deal with Diageo, the global spirits major, liquor baron Vijay Mallya is preparing to make a 10 per cent preferential allotment in his flagship company,......

Diageo open offer for USL to start on April 10

Diageo’s open offer to acquire United Spirits Limited shares would commence on April 10 and continue till April 26.Through the offer, Diageo intends to acquire 37.78 million shares (26 per......

United Spirits-Diageo talks may have hit a rough patch

Vijay Mallya may have once again hit a rough patch. Nearly six months after the liquor baron opened talks with global spirits company Diageo Plc to offload a strategic stake in his flagship United......

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Diageo Reserve

News for Diageo Reserve

Mallya's $40-million transfer to family members resulted in $25 fine

Diageo works on USL balance sheet

Diageo deal: Mallya set for 10% preferential allotment

Diageo open offer for USL to start on April 10

United Spirits-Diageo talks may have hit a rough patch

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