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Diageo-Mallya spat escalates; emergency meeting of USL shareholders likely

Apr 28, 2015

Diageo-Mallya spat escalates; emergency meeting of USL shareholders likely

Upping the ante to retain Chairmanship at United Spirits, embattled Vijay Mallya today said majority owner Diageo has "contractual obligations" to support his position, even as the British liquor giant said the contract was valid only if there were no "defaults". #PwC #Vijay Mallya #Diageo #UB Group #USL
Mallya vs Diageo: Boardroom battle escalates as USL plans to take PWC report to Sebi

Apr 27, 2015

Mallya vs Diageo: Boardroom battle escalates as USL plans to take PWC report to Sebi

With liquor giant United Spirits asking its own Chairman Vijay Mallya to quit, markets watchdog Sebi and other regulatory agencies have begun looking into suspected irregularities at the company, including about the alleged fund diversion and disclosure-related lapses. #SEBI #PwC #Vijay Mallya #Diageo #UB Group
Six years later, court finds Satyam's Raju, 9 others guilty of corporate fraud: All you need to know

Apr 09, 2015

Six years later, court finds Satyam's Raju, 9 others guilty of corporate fraud: All you need to know

The scam came to light after Satyam Computer Services Chairman confessed to inflating revenues of his company, defrauding investors #PwC #Ramalinga Raju #Satyam Computers #Rama Raju #accounting scam
Watch out Flipkart, Snapdeal: New PWC report says discounts not viable for e-tailers

Feb 16, 2015

Watch out Flipkart, Snapdeal: New PWC report says discounts not viable for e-tailers

The PwC report said the predatory pricing strategy of e-commerce companies isnt helping their stand with the premium brands. It found that with valuations of e-commerce companies skyrocketing, there is increasing pressure from investor firms to cut down on discounts and concentrate on making profits. #PwC #Amazon #E-Commerce #Flipkart #Snapdeal #discounts #e-tail