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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......

Mallya could lose more of United Breweries

 Vijay Mallya, UB Group chairman who has painted himself into a corner over debts for his now-grounded Kingfisher Airlines, might be forced to shed some of his holdings in United Breweries, the......

Sale of Mallya's United Breweries shares has fetched Rs 1,008 cr: ED

 Mallya is at present based in London and extradition proceedings are on to bring him to India as the ED and the CBI are probing parallel criminal cases against him for an alleged bank loan default......

HC orders winding up of Mallya's United Breweries

 In a major jolt to liquor baron Vijay Mallya, the Karnataka high court on Tuesday ordered the winding up of United Breweries (Holdings) Ltd (UBHL), the parent company of UB Group, for recovering......

Legal panel allows Vijay Mallya to head United Breweries

 The board of directors will review the position of Vijay Mallya, under self-exile in Britain, at its next meeting on August 12. Vijay Mallya would continue to be chairman of United Breweries (UB),......

Heineken can now buy extra stake in United Breweries

 While UB is the country's largest beer company, Heineken is the world’s second-largest brewer after Anheuser-Busch InBev. Photograph: Paulo Whitaker/Reuters The Competition Commission of......

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