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Liquor companies dizzy as prohibition looms large in Andhra Pradesh

A phased roll-out of prohibition will hit revenues of companies, which get 5% of their volume sales from the state Liquor companies may have to contend with significant loss of revenue if Andhra......

Tough legal battle lies ahead for USL, Mallya

USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies. With Diageo accusing former UB group chairman Vijay Mallya of fund diversion from......

Mallya denies Diageo's fund diversion charges

'It is surprising and unfortunate that unfounded allegations are now being made without any reference to me whatsoever,' Vijay Mallya said. A day after United Spirits  (USL) accused Vijay......

Mallya default singes top auditing companies

PwC, Deloitte, Grant Thornton, Walker Chandiok caught in the muddle over valuation, auditing Some of world’s top auditing firms, including PricewaterhouseCoopers, Grant Thornton, Deloitte......

Mallya ready to smoke the peace pipe with banks

  A source close to the UB group said Mallya was willing to settle with the public-sector banks by selling part of his stake in various companies and assets based in India and abroad. In a......

Top Coverage News


World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.

GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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