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United Breweries Promoter

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CBI summons Sisodia for questioning in excise case, AAP fears arrest

The Central Bureau of Investigation (CBI) has summoned Delhi Deputy Chief Minister Manish Sisodia for questioning on Monday in connection with alleged corruption in the formulation and......

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......

Heineken buys 14.98% more stake in UBL; shareholding now at 61.5%

Dutch brewing major Heineken on Wednesday said it has acquired an additional 14.98 per cent stake in United Breweries Ltd, taking its total shareholding to 61.50 per cent. "Heineken N.V. today (on......

Mallya: Take my money, use it to fight coronavirus

A debt recovery tribunal in India ruled that Rs 6,200 crore of Vijay Mallya’s dues -- Rs 5,000 crore as principal and Rs 1,200 crore as interest -- was payable. Mallya claims that out of the......

Court allows banks to liquidate Vijay Mallya's equity holdings

SBI-led consortium expects to make over Rs 13,000 crore from sale of assets. A special court hearing the Prevention and Money Laundering Act (PMLA) cases on Tuesday has permitted the consortium of......

Why are so many Indian tycoons heading for the door?

So what’s up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same time. Illustration: Uttam Ghosh/Rediff.com Pick......

Police could not attach any of Mallya's 159 properties it identified

It had declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he had failed to appear despite repeated summonses. The Bangalore police on Thursday......

FIFA scandal is black cloud over Women's World Cup

‘Canadian Soccer Association is confident that the current situation will not impact the competition’ Prince William, Duke of Cambridge, President of the Football Association, visits......

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