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Ub Group Spokesperson

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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......

Sebi probes UB group cos for 'violations of norms'

 Following requests from bourses National Stock Exchange and BSE, market regulator Sebi is investigating the affairs of some Vijay Mallya-controlled UB group firms for alleged non-compliance with......

UB Group takes lenders to court

 UB Holdings Ltd and its chairman, Vijay Mallya, have taken the company’s 17 lenders, including SBI Caps Trustee Company, to the Bombay High Court against the recovery process initiated by......

UB shareholders okay Air Deccan buy

 With just two days left to make payment for its acquisition of 26 per cent stake in Air Deccan for Rs 550 crore (Rs 5.5 billion), Vijay Mallya-promoted UB Groupon Tuesdaysaid it has received......

Mallya received part of Diageo funds in offshore accounts

 In 2012, Diageo had paid Rs 3,635 crore to Mallya for his 19.3 per cent stake in United Spirits. Vijay Mallya, chairman of UB group, received part of the proceeds from the sale of shares in United......

UB to unveil Taittinger plan this week

 The Vijay Mallya-owned UB group will announce this week a plan aimed at addressing concerns raised by the French industry and labour bodies over its bid for the champagne company, Taittinger.UB has......

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