Latest News on United Breweries
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United Breweries - Total results - 131
Feb 12, 2018
Vijay Mallya's Kingfisher Airlines loses court battle in UK against BOC Aviation, to pay $90m in claimsEmbattled liquor tycoon Vijay Mallya has lost another legal battle linked to his now-defunct Kingfisher Airlines after the UK High Court awarded Singapore-based BOC Aviation an estimated $90 million in claims
Jan 19, 2018
ED to sell large chunk of Vijay Mallya's unpledged shares in United Breweries to raise over Rs 4,000 crVijay Mallya's shares were transferred to ED by the Stock Holding Corporation of India under the Prevention of Money Laundering Act (PMLA)
Nov 16, 2017
Market regulator Sebi attaches bank accounts, share, mutual fund holdings of Vijay Mallya's United BreweriesThe pending dues totalling Rs 18.5 lakh include the initial fine of Rs 15 lakh and interest of Rs 3.5 lakh and a recovery cost of Rs 1,000
Aug 11, 2017
Setback for Vijay Mallya: SAT dismisses fugitive liquor baron's plea against Sebi orderVijay Mallya has been asked by SAT to appear before Sebi "in person or through a legally authorised representative"
Jul 05, 2017
Kingfisher-IDBI case: Mumbai court issues non-bailable warrant against Vijay Mallya againA special PMLA court on Wednesday issued a fresh non-bailable arrest warrant against liquor baron Vijay Mallya in connection with a money laundering case.
May 11, 2017
Prohibition forces United Breweries out of BiharFollowing the imposition of total prohibition in Bihar effective April, United Breweries has shut production at the company’s brewery located at Naubatpur in Patna
Apr 19, 2017
Vijay Mallya case: Settlement seems smarter, as extradition is likely to prolong loan default impasseReaching out to a settlement is likely to be a priority for Indian banks as well as Vijay Mallya as CBI inches closer to those involved in granting loans to the former liquor baron
Apr 08, 2017
Sachiin Joshi on buying Vijay Mallya's Kingfisher Villa: After 12 years, I had the opportunityOn Saturday, 8 April 2017, the Times of India reported that after three failed auction attempts, the Kingfisher Villa had been bought by Sachiin Joshi, the vice chairman of the JMJ Group of companies
Mar 01, 2017
Vijay Mallya PMLA case: Court nod to ED to attach Rs 4,200 crore assetsIn September last year, the ED had issued the order, under the provisions of the Prevention of Money Laundering Act (PMLA), to attach the various properties including flats, a farmhouse, shares and Fixed Deposits (FD) among others in the name of Mallya and associated firms.
Feb 10, 2017
United Breweries asks Vijay Mallya to step down from boardThe move by the board of United Breweries, which makes and sells Kingfisher beer in India, follows a regulatory order and a meeting of its independent directors, the company said in a filing with the stock exchanges late on Wednesday.