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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......

NCP dismisses demands for Pawar's resignation

Amid fresh controversy over the Indian Premier League, the Nationalist Congress Party on Mobday dismissed demands for the resignation of Union Agriculture Minister Sharad Pawar, dubbing as "absurd"......

Sebi bans Vijay Mallya from securities market for 3 years

Sebi on Friday barred fugitive businessman Vijay Mallya from the securities markets and restrained him from associating with any listed firm for three years in the matter of routing of funds to the......

'Diageo India focuses on value rather than volume'

'Our approach has been to work with consumers and help them drink better, not more.' Photograph: Kind courtesy Diageo India Diageo, the UK-based alcoholic beverage company, that acquired......

Mallya's defiance prompts Sebi to seek changes to Companies Act

Sebi has now proposed that the Companies Act should also clearly mention that a person should vacate the office of a director if it orders his or her disqualification. Capital markets regulator......

Mallya barred from securities market for 3 years

Sebi also imposed a one-year ban on two former company officials -- Ashok Capoor and P A Murali. Sebi on Friday barred fugitive businessman Vijay Mallya from the securities market for another......

Setback for Mallya, his plea against Sebi order dismissed

In January, Sebi had barred Mallya and six former officials of USL from securities markets in a case related to illegal fund diversions. The Securities Appellate Tribunal (SAT) on Friday rejected......

Mallya is still the boss at Force India

‘Nothing has changed at Force India,’ says Mallya IMAGE: Force India Formula One drivers, Nico Hulkenberg of Germany, left, and Sergio Perez of Mexico,right, and Force India team......

JSW shelves plans to buy IPL franchise RCB

- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated Players from Royal Challengers Bangalore. Photograph: BCCI JSW Group, an $11 billion......

Mallya suffers legal setback in F1 car ad case

Force India Formula One drivers, Nico Hulkenberg of Germany (L) and Sergio Perez of Mexico (R), and Force India team principal Vijay Mallya pose with the new Force India racing car. Photograph:......

Force India to get investment boost

Force India will have a 50 million pound boost to help them move up the Formula One grid after a strong performance this year, the team's co-owner Vijay Mallya announced. -Sahara Force India not......

Mallya looking to float Indian sports assets

Indian drinks and aviation tycoon Vijay Mallya plans to gather his Formula One, cricket and soccer interests into one company and float it on the Mumbai stock exchange early next year. "So many......

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