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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......

Did former PMO, finance minister bailout Vijay Mallya?

The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya’s ailing Kingfisher Airlines against the run of play, e-mails and......

Byju's CFO Ajay Goel quits after audit

Educational technology company Byju's chief financial officer Ajay Goel has quit after completing the audit process for the financial year 2022 and will return to Vedanta, the company said in a......

Brokerages positive about medium-term outlook for liquor stocks

Analysts believe that the sector could experience a reversal of fortunes due to better demand and margin improvements. Photograph: Flavio Lo Scalzo/Reuters After underperforming its peers in the......

Diageo gets down to cleaning up USL

Diageo, the world’s largest distiller, has been focusing on compliance at United Spirits Ltd (USL) after its acquisition of a controlling stake in India’s largest spirits maker. It has......

Tough legal battle lies ahead for USL, Mallya

USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies. With Diageo accusing former UB group chairman Vijay Mallya of fund diversion from......

Diageo works on USL balance sheet

Diageo, the global spirits major which is scripting a massive overhaul of the Vijay Mallya-owned United Spirits, has hired global consulting major Accenture to restructure the latter’s......

Uber Cup: Saina retires injured, but India beat Spain

IMAGE: Injury forced Saina Nehwal to concede the opening singles to Spain’s Clara Azurmendi in the Uber Cup, as she developed discomfort in her groin area. Photograph: Robertus......

How Kohli's absence in Asia Cup hits Star India's plans

While it is difficult to put a number on how much the impact on the ad sales tally could be, it is quite possible the broadcaster will not be able to make its Rs 2-billion target, says Urvi......

Gayle not surprised by Kohli's spectacular form

IMAGE: Royal Challengers Bangalore captain Virat Kohli celebrates fellow opener Chris Gayle. Photograph: BCCI Having watched Virat Kohli's on-ield exploits from 22 yards, dashing Jamaican batsman......

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......

Rediff News

Usl Rsquo

News for Usl Rsquo

Diageo gets hardly half a per cent in USL in open offer

Did former PMO, finance minister bailout Vijay Mallya?

Byju's CFO Ajay Goel quits after audit

Brokerages positive about medium-term outlook for liquor stocks

Diageo gets down to cleaning up USL

Tough legal battle lies ahead for USL, Mallya

Diageo works on USL balance sheet

Uber Cup: Saina retires injured, but India beat Spain

How Kohli's absence in Asia Cup hits Star India's plans

Gayle not surprised by Kohli's spectacular form

Mallya is still the boss at Force India

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