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Vijay Mallya Run United Spirits Ltd

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United Bank of India declares Vijay Mallya as wilful defaulter

State-run United Bank of India today became the first lender to declare debt-ridden Kingfisher Airlines and its promoter Vijay Mallya as wilful defaulters. "We have declared Vijay Mallya and three......

United Spirits to shed 300 jobs

United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company. United Spirits Ltd (USL), majority owned by British liquor major......

Manu Chhabria's mother claims Shaw Wallace stake

Ranibai Rajaram Chhabria, mother of late Manohar Rajaram Chhabria, has challenged the merger of Shaw Wallace with the UB Group saying she was entitled to a fifth of her deceased son's estate.......

Crisis? Mallya manages to make a neat cash pile

Even in bad times, Vijay Mallya has managed to make a neat cash pile for himself by selling a part of his stake in United Breweries Holding Ltd, which enjoyed a dream run on the stock exchanges......

India's largest beer maker sees a low from highway sale ban

United Breweries says sales could fall by 40% following court ban. United Breweries Ltd, India’s largest beer maker and majority-owned by Dutch firm Heineken, has said that its sales of the......

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......

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......

Vettori to lead Royal Challengers in IPL 2011

New Zealand skipper Daniel Vettori will lead Royal Challengers Bangalore in the fourth season of IPL 4. Vettori led a spirited New Zealand to the World Cup 2011 semi-finals, where the Kiwis lost......

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