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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". #Business #BSE #CompanyWatch #Vijay Mallya #Ministry of Corporate Affairs #Diageo #United Spirits #United Breweries #Heineken International BV
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. #India #FMCG #NewsTracker #Beer #SABMiller #Budweiser #United Breweries #Carlsberg #Bar Malt India #Alfa Laval #Praj Industries #All India Brewers Association
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. #Business #India #Vijay Mallya #Diageo #United Breweries #USL #V Ramachandran #Vinod Rao
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
Diageo won't get much out of its inquiry: Blame is on shoddy due diligence of United Spirits

Sep 05, 2014

Diageo won't get much out of its inquiry: Blame is on shoddy due diligence of United Spirits

Diageo had gone for merger given the fact that the Indian legal system gives mergers a better protection than it gives to takeovers. Amalgamation or merger has to have the High Court approval whereas takeover needs nobody's approval save compliance with the public offer mandate of SEBI takeover regulations at a price determined by the regulations. #SEBI #Vijay Mallya #Kingfisher #Diageo #United Spirits #United Breweries
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
UBHL's sale of United Spirits stake to Diageo void: Karnataka HC

Dec 20, 2013

UBHL's sale of United Spirits stake to Diageo void: Karnataka HC

The Karnataka High Court has held that the share sale of United Spirits Ltd (USL) to Diageo by United Breweries Holdings Ltd (UBHL) is null and void. #Diageo #United Spirits #United Breweries #CNCBC-TV18Exclusive