CBI books Sisodia in excise case after day-long raid

The Central Bureau of Investigation (CBI) on Friday raided the home of Delhi Deputy Chief Minister Manish Sisodia and 30 other locations in connection with alleged corruption in the implementation......

United Spirits surges 35%; m-cap up Rs 6,211 cr

Shares of United Spirits on Monday soared nearly 35 per cent, taking its market valuation higher by Rs 6,211 crore, after the UK-based Diageo Plc said it will buy 53.4 per cent stake in the company......

More threat to Mallya's stake in United Spirits

Vijay Mallya has more reason to be worried. The Friday order of the high court here has dragged Diageo into his battle with creditors and also  thrown into jeopardy the liquor baron’s......

Why analysts are bullish on United Spirits

Brokerages expect better financials as management is determined to improve profitability. United Spirits' shares declined 0.51 per cent on Monday, after minority shareholders struck down nine......

Mallya's hold on United Breweries slips further

UB Group Chairman Vijay Mallya’s grip on United Breweries slipped further on Thursday, after lenders to UB Group companies offloaded a part of the stake in Kingfisher beer that was pledged to......

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......