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Future group shareholders stare at possible wipeout of investments

 Future group promoter Kishore Biyani's stake fell consistently across group companies since December 2019 after American retail major Amazon infused funds in a Future group promoter entity and the......

United Spirits sells UB shares worth Rs 872 cr to Heineken, loses 'promoter' status

 Vijay Mallya slowly losing control of the beer firm The Diageo-owned United Spirits Ltd on Tuesday sold 3.21 per cent stake in United Breweries Ltd, India’s largest beer company, for Rs 872......

Heineken takes a bigger swig of UB

 Five years after Dutch brewer Heineken took a strategic 37.4 per cent stake in the Vijay Mallya-led United Breweries, it has increased its holding in India’s leading brewing company. On......

HC asks UB Group to finalise plans for dues of Rs 330 cr

 The Karnataka high court has urged the UB Group comprising UB Holdings and Kingfisher Airlines to come up with a concrete plan on how it intends to pay dues worth around Rs 330 crore (Rs 3.3......

Diageo-led USL probes loans to UB, associates

 In what could be seen as further embarrassment for UB Group Chairman Vijay Mallya, the newly constituted board of United Spirits Ltd, now controlled by British liquor giant Diageo, has ordered an......

Budget issues for Kolkata's football big guns

 The two giants of Indian football, Mohun Bagan and East Bengal, are facing turbulent times. On the pitch, East Bengal finished a respectable third in the 2012-13 I-League season, while Mohun Bagan......

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