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Loan default case: CBI registers fresh case against Mallya

 The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

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......

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......

Vijay Mallya loses bankruptcy case in UK high court

 A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher......

ED seizes Vijay Mallya's French asset worth Rs 14-cr

 Businessman Vijay Mallya's property worth Rs 14 crore located in France has been seized under the anti-money laundering law, the Enforcement Directorate said on Friday. It said the action was......

FIIs sell 10.64% stake in UBHL ahead of Diageo deal

 Foreign institutional investors offloaded 10.64 per cent stake in Vijay Mallya's key company United Breweries Holdings Ltd, ahead of the Diageo-United Spirits deal.According to a revised......

Mallya: Take my money, use it to fight coronavirus

 A debt recovery tribunal in India ruled that Rs 6,200 crore of Vijay Mallya’s dues -- Rs 5,000 crore as principal and Rs 1,200 crore as interest -- was payable. Mallya claims that out of the......

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