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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

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Karnataka HC annulls United Spirits-Diageo stake deal: Key facts

Aug 01, 2014

Kipper Williams on Diageo

Drinks makers profits hit after Chinas luxury goods crackdown . Continue reading.....
Karnataka HC annulls United Spirits-Diageo stake deal: Key facts

Jul 31, 2014

Diageo profits plummet £264m after China's luxury goods crackdown

Drinks maker hit by its stake in Shui Jing Fang as sales tumble 78% after government action over baijiu and other brands Drinks maker Diageo has taken a £264m hit to profits after sales of the 600-year-old Chinese white spirit baijiu were affected by... #China #Diageo plc
Karnataka HC annulls United Spirits-Diageo stake deal: Key facts

Jul 27, 2014

Strong pound triggers rise in profit warnings

UK quoted companies issued 137 profit warnings in the first six months of the year, up 9% on the first half of 2013 Profit warnings from UK companies have hit a three-year high despite the improving economy, with the strong pound a growing problem fo... #Diageo plc #BAE Systems Inc. #GKN P.L.C. #Bank of England
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