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......

United Spirits to sell 13 properties once owned by Vijay Mallya

The company secured independent valuation for these properties and had shared the same with Mallya United Spirits Ltd (USL) plans to sell 13 properties, earlier owned by its former Chairman and......

Kingfisher lenders sell United Spirits shares to recover dues

Late last week, lenders to Kingfisher Airlines sold 400,000 shares of United Spirits Ltd (USL) pledged with them, at about Rs 2,600 a share, for a total of about Rs 104 crore (Rs one billion).......

United Spirits, Diageo hold discussions with CCI

Awaiting clearance for their $2 billion deal, executives of United Spirits and Diageo on Monday met officials of fair trade regulator Competition Commission of India (CCI) in New Delhi.United......

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......