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United Breweries Promoter

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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......

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......

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......

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......

Legal panel allows Vijay Mallya to head United Breweries

The board of directors will review the position of Vijay Mallya, under self-exile in Britain, at its next meeting on August 12. Vijay Mallya would continue to be chairman of United Breweries (UB),......

KFA lenders mull legal path for United Breweries shares

The lenders to UB Group-owned Kingfisher Airlines are understood to be considering legal options on how they could gain part-access to the highly-valued United Breweries shares, owned by promoters,......

Kingfisher promoters open to reducing stake to 26%

The promoters of Kingfisher Airlines are open to reducing their stake to 26 per cent to strategic domestic investors, from the current 58.61 per cent. Ravi Nedungadi, UB group's president and......

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......

Md. Sporting to become a listed company

Following in the footsteps of close competitors Mohun Bagan and East Bengal, the 113-year-old Mohammedan Sporting Club of Kolkata is planning to become a company and has appointed a UK-based firm......

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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