Vijay Mallya is 'ashamed of Bangalore'

Liquor baron and United Breweries Group chairman Vijay Mallyajoined the chorus on Monday againstBangalore's crumbling infrastructure and called for swift action by the government. "Being a......

Vijay Mallya buys Tipu's sporting gun, other items

Liquor baron Vijay Mallya has bought several items related to former Mysore ruler Tipu Sultan at a Sotheby's auction in London.He spent 1 million pounds for his new acquisitions.Mallya, chairman of......

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......

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......

Mallya could lose more of United Breweries

Vijay Mallya, UB Group chairman who has painted himself into a corner over debts for his now-grounded Kingfisher Airlines, might be forced to shed some of his holdings in United Breweries, the......

HC orders winding up of Mallya's United Breweries

In a major jolt to liquor baron Vijay Mallya, the Karnataka high court on Tuesday ordered the winding up of United Breweries (Holdings) Ltd (UBHL), the parent company of UB Group, for recovering......

Heineken attempts to gain more control over United Breweries

Dutch brewing giant Heineken is understood to be in various stages of discussion with UB Group chairman Vijay Mallya to gain more control over India's largest brewer, United Breweries. Mallya,......

Heineken eyes control of Mallya's United Breweries

Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire Heineken is likely to ask Vijay Mallya, who owes creditor banks more than......

Mallya looking to float Indian sports assets

Indian drinks and aviation tycoon Vijay Mallya plans to gather his Formula One, cricket and soccer interests into one company and float it on the Mumbai stock exchange early next year. "So many......

India a future F1 destination: Ecclestone

India's long standing desire of bringing Formula One to the country received a shot in the arm with F1 management head Bernie Ecclestone saying that he was "personally enthusiastic" about having a......

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......

Mallya to keep trying for F1 race

Federation of Motor Sports Clubs of India chairman Dr Vijay Mallya on Friday welcomed the news of India being offered the chance to host a Formula One Grand Prix in 2009, but said he would still......

East Bengal eye Pakistan striker

East Bengal is looking at the prospect of hiring Pakistani striker Mohammad Essa, who impressed in the just-concluded drawn India-Pakistan series, in Pakistan.According to the club sources, Essa......