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Mallya's UB, USL get Rs 91 cr service tax notice
The notice issued to United Breweries is for the amount of Rs 21.7 crore, while that to United Spirit is of Rs 69.3 crore. #WhyNow #Vijay Mallya #tax notice #United Spirits #United Breweries
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Not the time to short the Nifty; 6K is the new floor
Nifty is currently at levels where there is no technical justification to consider fresh long or short positions. Unless the Nifty falls below the 6,000 mark, there is no reason to even consider short positions. #TCS #Bata #ChartView #MRF #United Spirits #Shriram Transport Finance #Amara Raja Batteries
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United Spirits to be one of best consumer stories, says Nomura
Nomura maintained its "buy" rating and target price of Rs 2,200 on United Spirits saying Diageo's deal to buy a controlling stake in the Indian spirits maker "remains on track" with all regulatory approvals in place. #Nomura #ExpertView #Diageo #United Spirits
Wire
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Moneycontrol.com
Morgan Stanley resumes United Spirits at 'overweight'
New to Moneycontrol - Sign up now Username should be atleast 4 characters Keep me signed in Donât have an account? Morgan Stanley expects capital efficiencies, reduced leverage, strengthened leadership, and consistent disclosures to boost United Spirits' #Morgan Stanley #Diageo plc
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Moneycontrol.com
Investors cold shoulder Diageo's United Spirits open offer
Of 3.8 crore shares of United Spirits that were on offer, shareholders tendered just 64,169 shares and only 58,688 scrips were accepted, according to a regulatory filing. Diageo had offered to buy shares at a price of Rs 1,440 per piece. Like this story, #Diageo plc #Vijay Mallya #Smirnoff
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The Hindu
Tepid response to Diageo’s open offer for United Spirits
Diageo plc’s Rs.5,441-crore open offer for acquiring 26 per cent stake in Vijay Mallya-led United Spirits has come a cropper with the offer eliciting a tepid response from public investors. The offer was part of the nearly $2 billion deal that would see #Diageo plc #Vijay Mallya




