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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......

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......

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

 Enforcement Directorate to approach court to attach industrialist’s properties worth Rs 4,000 crore The Enforcement Directorate (ED) has attached nine assets of beleaguered industrialist......

Sebi Has Strong Case Against Hindenburg

 If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts. IMAGE: The Securities and......

Kingfisher ceases to be a subsidiary: UB Holdings

 Vijay Mallya-led UB group's United Breweries (Holdings) Ltd said on Thursday Kingfisher Airlines has ceased to be its subsidiary, but it had a significant exposure of over Rs 12,000 crore (Rs 120......

Mallya aide Nedungadi steps down from UB Group

   Nedungadi, who had questioned Mallya's entry into aviation with Kingfisher Airlines, said he was ‘retiring and hanging up my boots’. Ravi Nedungadi, chief financial officer and......

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......

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