Showing of 0 - 10 from 144 results
United spirits - Total results - 144
Jan 19, 2017
DRT verdict against Mallya: SBI-led consortium gets orders to initiate recovery of Rs 6,203 cr duesThe fresh order today in favour of the lending cosortium will allow them to initiate the recovery proceedings and confiscate his properties
Oct 10, 2016
Vijay Mallya's 'Playboy mansion', Kingfisher Villa, could become a hotel; to be auctioned on 19 OctThe villa was owned by United Breweries Holdings, and mortgaged by the now-grounded Kingfisher Airlines to the consortium of banks to obtain loans in 2010.
Sep 22, 2016
Court sends Kingfisher Airlines' former CFO to 18-month jail in cheque bounce casesThe court had on 20 April convicted Kingfisher Airlines, Mallya and Raghunathan, in connection with two cheque bounce cases involving Rs 50 lakh each, under relevant sections of the Negotiable Instruments Act
Aug 01, 2016
Vijay Mallya brews trouble for Diageo: Sebi probing deals with United SpiritsIn February, Mallya struck a 'sweetheart deal' with USL under which he is to get more than Rs 500-crore payout to leave the company besides being absolved of any 'personal liability' at that time.
Jul 18, 2016
Vijay Mallya faces second ED probe over Rs 900 cr forex violationsUSL said Mallya diverted funds to over half a dozen companies, having direct or indirect interest
Jul 10, 2016
'All transactions were legal': Vijay Mallya refutes USL's allegations on fund diversionA day after United Spirits disclosed Rs 1,225 crore fund diversion by the erstwhile promoters to entities linked to Vijay Mallya, the embattled businessman on Sunday said all transactions were "legal and above board" and the company was now making "unfounded allegations".
Jul 10, 2016
King of troubled times: United Spirits says Vijay Mallya diverted Rs 1,225 cr to KFA, Formula 1USL Board discussed findings of the additional inquiry it had ordered to plug gaps found in an initial probe launched in April 2015 that showed improprieties in loans worth Rs 1,337 crore given by USL to the entities linked to its erstwhile promoters, Mallya-led UB Group
Jun 15, 2016
Standard Chartered Bank alleges Vijay Mallya colluded with bankersStandard Chartered Bank (SCB) on Wednesday levelled allegations of collusion between liquor baron Vijay Mallya and consortium of banks led by SBI, during the hearing of its interlocutory application seeking vacation of the Debt Recovery Tribunal interim order, preventing it from transacting with British liquor giant Diageo Plc.
Jun 01, 2016
Vijay Mallya is back! Video of RCB’s ex-owner watching IPL 2016 final in London goes viralTroubled Indian businessman Vijay Mallya was seen having a good time in London as he watched the IPL final between Royal Challengers Bangalore and Sunrisers Hyderabad on Sunday.
May 27, 2016
United Spirits writes off Rs 566 crore dues from UB Group cosUSL, which had initiated a management inquiry into the alleged fund diversion, said "between 2010 and 2013 many of these transactions were diverted from the company and or its subsidiaries to certain UB Group, including Kingfisher Airlines