MCFL investments in UB group firm may be irregular

Earlier, alleged financial irregularities had come to fore at United Spirits Ltd (USL) relating to loans advanced to UB Group firms including for long-defunct Kingfisher Airlines. In fresh troubles......

Mallya intends to keep control of UBL

Vijay Mallya, chairman of UB Group, came out fighting at United Breweries Ltd (UBL)’s annual general meeting in Bangalore on Thursday. While he has already ceded management control of United......

Facing heat, UB Group stocks melt, UBHL dives over 5%

UBHL's stock plunged 5.31 per cent to settle at Rs 19.60 on BSE.     UB Group stocks, led by United Breweries Holdings Ltd, on Monday slumped by up to 5.3 per cent as trouble mounted for......

Kingfisher faces scrutiny for accounting lapses

Grounded carrier Kingfisher Airlines is facing a close regulatory scrutiny over suspected lapses in its accounting practices and the Corporate Affairs Ministry is looking into possible violations......