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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......

NCP dismisses demands for Pawar's resignation

Amid fresh controversy over the Indian Premier League, the Nationalist Congress Party on Mobday dismissed demands for the resignation of Union Agriculture Minister Sharad Pawar, dubbing as "absurd"......

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......

'Diageo India focuses on value rather than volume'

'Our approach has been to work with consumers and help them drink better, not more.' Photograph: Kind courtesy Diageo India Diageo, the UK-based alcoholic beverage company, that acquired......

Vijay Mallya denies deal with Diageo

The share price of United Spirits Ltd fell sharply on Monday, as promoter Vijay Mallya said he'd not reached a deal to sell stake to the global spirits maker Diageo. USL's share prices had more......

United Spirits, the next shaky ground for Mallya

Brewing billionaire Vijay Mallya's woes seem to be compounding. His flagship spirits arm, United Spirits Ltd (USL), is starting to mirror Kingfisher Airlines. An over-leveraged acquisition of......

Scotch whisky makers expand Indian cocktail

Top liquor manufacturers like Beam Global Spirits & Wine, Diageo and United Spirits Ltd, are busy expanding their high-end Scotch whisky portfolios to meet the growing demand from Indian......

Mallya is still the boss at Force India

‘Nothing has changed at Force India,’ says Mallya IMAGE: Force India Formula One drivers, Nico Hulkenberg of Germany, left, and Sergio Perez of Mexico,right, and Force India team......

JSW shelves plans to buy IPL franchise RCB

- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated Players from Royal Challengers Bangalore. Photograph: BCCI JSW Group, an $11 billion......

Mallya suffers legal setback in F1 car ad case

Force India Formula One drivers, Nico Hulkenberg of Germany (L) and Sergio Perez of Mexico (R), and Force India team principal Vijay Mallya pose with the new Force India racing car. Photograph:......

Force India to get investment boost

Force India will have a 50 million pound boost to help them move up the Formula One grid after a strong performance this year, the team's co-owner Vijay Mallya announced. -Sahara Force India not......

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......

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