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Yes Bank offloads 79.81 lakh pledged shares of United Breweries worth Rs 778 cr

Nov 30, 2015

Yes Bank offloads 79.81 lakh pledged shares of United Breweries worth Rs 778 cr

The move comes after State Bank of India (SBI) declared Mallya, Kingfisher Airlines and its holding company United Breweries Holdings, as wilful defaulters #SBI #Yes Bank #Vijay Mallya #Heineken International #UB Group #United Breweries #wilful defaulter #McDowell Holdings #Kingfisher Beer
SBI finally tags Vijay Mallya wilful defaulter, others still dragging feet. We need special courts to fix crony promoters

Nov 23, 2015

SBI finally tags Vijay Mallya wilful defaulter, others still dragging feet. We need special courts to fix crony promoters

Till the time an effective judicial platform is set up to handle such cases, even the wilful defaulter tag is nothing more than a child's toy #Kingfisher Airlines #SBI #Vijay Mallya #United Bank of India #United Breweries #Loan recovery #wilful defaulter #bank NPA
USL sells United Breweries stake to Heineken: Will Mallya lose Kingfisher brewer too?

Jul 08, 2015

USL sells United Breweries stake to Heineken: Will Mallya lose Kingfisher brewer too?

USL said that following the completion of this sale, it will "hold no shares in United Breweries and will cease to be a promoter of United Breweries". #BSE #CompanyWatch #Vijay Mallya #Ministry of Corporate Affairs #Diageo #United Spirits #United Breweries #Heineken International BV #Business
United Spirits fund diversion saga gets murkier: How the case unfolded so far

May 28, 2015

United Spirits fund diversion saga gets murkier: How the case unfolded so far

Unfortunately going by the history of our government investigating agencies, a quick outcome is expecting too much from them #Corporate governance #Vijay Mallya #United Spirits #United Breweries (Holdings) #fund diversion
Beer is a fun drink, treat it like a FMCG product: Brewers Association

May 18, 2015

Beer is a fun drink, treat it like a FMCG product: Brewers Association

Describing beer as a 'fun, social drink', the All India Brewers Association (AIBA) wants state governments to allow the beverage to be sold like FMCG products through retail shops. #FMCG #NewsTracker #Beer #SABMiller #Budweiser #United Breweries #Carlsberg #Bar Malt India #Alfa Laval #Praj Industries #All India Brewers Association #India
United Spirits appoints new Finance Head, Company Secretary

Apr 27, 2015

United Spirits appoints new Finance Head, Company Secretary

Liquor firm, United Spirits (USL) on Monday appointed Vinod Rao as the Head of Finance and V Ramachandran as the Company Secretary and Compliance Officer of the firm. #Vijay Mallya #Diageo #United Breweries #USL #V Ramachandran #Vinod Rao #Business #India
Consortium of 17 banks files contempt application in HC against Mallya, Kingfisher Airlines

Jan 07, 2015

Consortium of 17 banks files contempt application in HC against Mallya, Kingfisher Airlines

Taking cognisance of the complaint, Justice Patil ordered notice to Mallya and two other companies in contention and posted the matter for another day. #NewsTracker #Kingfisher Airlines #Vijay Mallya #United Breweries #Debt Recovery Tribunal
Surprise move: Deepak Fertilisers sells 2.2% stake in Mangalore Chemicals

Jan 05, 2015

Surprise move: Deepak Fertilisers sells 2.2% stake in Mangalore Chemicals

When contacted, company's spokesperson declined to comment on the reason behind offloading the 26 lakh shares in MCFL. #NewsTracker #BSE #Vijay Mallya #Deepak Fertilisers #United Breweries #Zuari group