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Diageo deal could help Kingfisher; but Mallya needs to act quickly
The proceeds from Mallya's deal with Diageo will not be enough in themselves to rescue the ailing airline, which has failed so far to find fresh investment to prop it up or a global carrier willing to play white knight. #Debt #ToWhatEffect #Kingfisher Airlines #USL #Diageo deal
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Sensex, Nifty snap after weak IIP; United Spirits jumps 35%
The Indian markets closed on a quiet note after factory data disappointed with a 0.4 percent decline. #Sensex #nifty #IIP #exports #MarketClose #USL
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SBI on USL-Diageo deal: Money flowing into co positive for airline
State Bank of India, which leads the consortium of lenders for Kingfisher Airlines, today described the USL-Diageo deal for over Rs 11,166 crore as a positive development. #Debt #SBI #TheySaidIt #Diageo #USL
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Deccan Herald
UBHL can sell 27 per cent USL shares, says HC
In a much needed relief to the United Breweries Holdings Limited (UBHL), the High Court of Karnataka on Friday permitted the company to sell 27 per cent of its shares in USL (United Spirits Ltd) to London-headquartered liquor giant Diageo Plc, to pay off #London #Diageo plc #BNP Paribas
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Rediff
Vijay Mallya riles banks more with 'unilateral' step
Cancels power of attorney to IDBI Trusteeship on pledged shares; bankers contend this isn’t legally possible. Vijay Mallya’s UB Group has escalated its battle with Indian public sector banks by cancelling the power of attorney (PoA) given in favour of ID #Vijay Mallya #India #State Bank of India Group
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San Diego State University Official Athletic Site
M. Soccer. Wallace, Steres Compete for Wilmington of USL
Daniel Steres (pictured) and Jamel Wallace are both playing for Wilmington of the USL. SAN DIEGO - Former San Diego State men's soccer captains Jamel Wallace and Daniel Steres are currently playing for the Wilmington Hammerheads of the USL. Over the week #Wilmington Hammerheads #Seattle Sounders #Pac-10




