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United Spirits board approves plan to sell Whyte & Mackay

Jan 09, 2014

United Spirits board approves plan to sell Whyte & Mackay

In November last year, UK's fair trade watchdog found Diageo's deal to take over United Spirits to be anti-competitive, forcing the company to offer selling bulk of Whyte & Mackay business. #NewsTracker #Vijay Mallya #Diageo #United Spirits #Whyte & Mackay #Office of Fair Trading
More trouble for Mallya Will a probe unravel mysterious money transfer?

Jan 01, 2014

More trouble for Mallya Will a probe unravel mysterious money transfer?

According to a report in the Business Standard today, the order that was passed on 20 December has also sought an investigation into a murky transfer of Rs 4000 crore to tax haven British Virgin Islands before the stake deal happened. #NewsTracker #Vijay Mallya #Kingfisher #Diageo #UB #USL #Whyte & Mackay #British Virgin Islands #UNHL
United Spirits-Diageo Why court order may turn tables on Mallya

Dec 23, 2013

United Spirits-Diageo Why court order may turn tables on Mallya

Shares in United Spirits today fell 6 percent after the Karnataka court ordered the annulment of the sale of United Breweries Holdings' (UBHL) 6.97 percent stake in United Spirits to British group Diageo. #Kingfisher Airlines #Vijay Mallya #Diageo #United Spirits #United Breweries
Nifty hits 6300, United Spirits falls 2.4% after court annuls Diageo deal

Dec 23, 2013

Nifty hits 6300, United Spirits falls 2.4% after court annuls Diageo deal

The Indian markets gained momentum today with the Nifty hitting 6300 in the morning trade despite a flat opening. The Nifty is up 33.15 points at 6307.40 while the Sensex gains 120.40 points to be at 21200.12. #Sensex #Infosys #nifty #MarketOpen #United Spirits #Diageo deal