United Breweries

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United Breweries - Total results - 88
Enforcement Directorate unearths new shell firms linked to Vijay Mallya; raids his close associate
Business

Enforcement Directorate unearths new shell firms linked to Vijay Mallya; raids his close associate

The man, V Shashikant, was an employee of the Mallya group till February 2017 and worked as an executive assistant to the businessman for about nine years, they said.

United Breweries Q4 net profit falls 25.26% pc to Rs 67.92 crore, income up to Rs 3,469 cr
Business

United Breweries Q4 net profit falls 25.26% pc to Rs 67.92 crore, income up to Rs 3,469 cr

The board of directors of United Breweries has proposed dividend of Rs 2.50 per equity share for the financial year ended 31 March 2019.-

Sale of Vijay Mallya's shares worth Rs 1,000 cr cleared; liquidator to sell 7.4 mn United Breweries' stocks today
Business

Sale of Vijay Mallya's shares worth Rs 1,000 cr cleared; liquidator to sell 7.4 mn United Breweries' stocks today

This is the first sale of Vijay Mallya's confiscated assets by the authorities since he left the country in March 2016

SBI plea to liquidate Vijay Mallya's properties to recover dues opposed in Karnataka High Court
Business

SBI plea to liquidate Vijay Mallya's properties to recover dues opposed in Karnataka High Court

Vijay Mallya left the country in early March 2016 and is currently fighting off extradition proceedings in the London high court.

Vijay Mallya's defiance prompts Securities and Exchange Board of India to seek changes to Companies Act
Business

Vijay Mallya's defiance prompts Securities and Exchange Board of India to seek changes to Companies Act

In its proposal, SEBI has referred to its interim order dated 25 January, 2017, through which the regulator had barred Mallya and six others from holding directorship in any listed company till further directions.

HPCL shares decline 3%; Britannia up over 1% on NSE rejig
Business

HPCL shares decline 3%; Britannia up over 1% on NSE rejig

HPCL shares opened the day on a weak note and further declined 2.95% to Rs 221.40 on NSE

Britannia Industries to replace Hindustan Petroleum in Nifty 50 from 29 March
Business

Britannia Industries to replace Hindustan Petroleum in Nifty 50 from 29 March

Six stocks, Bajaj Holdings & Investment, Divi's Laboratories, HDFC Asset Management Company Ltd, Hindustan Petroleum Corporation, Page Industries and United Breweries will be included in the Nifty Next 50 index

Vijay Mallya offers to repay 100% principal to banks: Liquor baron should stop his antics and engage directly with lenders
Business

Vijay Mallya offers to repay 100% principal to banks: Liquor baron should stop his antics and engage directly with lenders

The current political landscape and consequently the public’s thought processes are dead against Mallya's antics of making promises and then not following through on them

After Christian Michel's extradition, Vijay Mallya makes 'humble' offer to pay back loan to banks, requests govt to 'take it'
Business

After Christian Michel's extradition, Vijay Mallya makes 'humble' offer to pay back loan to banks, requests govt to 'take it'

Vijay Mallya who is facing money laundering charges in a multi-crore fraud case in India reiterated that he had made a “comprehensive settlement” offer before the Karnataka High Court

If ED, CBI object proposal to sell assets, it'd show agenda beyond dues recovery, says Vijay Mallya
Business

If ED, CBI object proposal to sell assets, it'd show agenda beyond dues recovery, says Vijay Mallya

In a series of tweets a day after claiming that he has become the "poster boy" of bank default and a lightning rod for public anger, Vijay Mallya said he will continue to make every effort to settle dues with the bank

Vijay Mallya arrest ordered in fresh money laundering case chargesheet; court issues summons to Kingfisher Airlines, UB
Business

Vijay Mallya arrest ordered in fresh money laundering case chargesheet; court issues summons to Kingfisher Airlines, UB

The court issues a non-bailable warrant for Vijay Mallya's arrest, taking cognisance of a fresh charge sheet filed against him and others by the Enforcement Directorate.

Vijay Mallya diverted over Rs 3,700 cr bank loan funds to F1, IPL, for private jet sorties, says ED chargesheet
Business

Vijay Mallya diverted over Rs 3,700 cr bank loan funds to F1, IPL, for private jet sorties, says ED chargesheet

ED named Vijay Mallya and his firms - Kingfisher Airlines Limited and United Breweries (United Breweries Holdings Limited) - in its voluminous prosecution complaint filed before a special Mumbai court under the Prevention of Money Laundering Act.

ED attaches 4.13 cr United Breweries shares held by promoter firms; agency now owns 16.15% of beer-maker
Business

ED attaches 4.13 cr United Breweries shares held by promoter firms; agency now owns 16.15% of beer-maker

With this transfer, the Enforcement Directorate (ED) now holds 4,27,04,758 equity shares (16.15% stake) in the company, said United Breweries, which was once headed by fugitive liquor baron Vijay Mallya

ED to sell large chunk of Vijay Mallya's unpledged shares in United Breweries to raise over Rs 4,000 cr
Business

ED to sell large chunk of Vijay Mallya's unpledged shares in United Breweries to raise over Rs 4,000 cr

Vijay Mallya's shares were transferred to ED by the Stock Holding Corporation of India under the Prevention of Money Laundering Act (PMLA)

Market regulator Sebi attaches bank accounts, share, mutual fund holdings of Vijay Mallya's United Breweries
Business

Market regulator Sebi attaches bank accounts, share, mutual fund holdings of Vijay Mallya's United Breweries

The 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

Setback for Vijay Mallya: SAT dismisses fugitive liquor baron's plea against Sebi order
Business

Setback for Vijay Mallya: SAT dismisses fugitive liquor baron's plea against Sebi order

Vijay Mallya has been asked by SAT to appear before Sebi "in person or through a legally authorised representative"

Vijay Mallya case: Settlement seems smarter, as extradition is likely to prolong loan default impasse
India

Vijay Mallya case: Settlement seems smarter, as extradition is likely to prolong loan default impasse

Reaching 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

Sachiin Joshi on buying Vijay Mallya's Kingfisher Villa: After 12 years, I had the opportunity
Entertainment

Sachiin Joshi on buying Vijay Mallya's Kingfisher Villa: After 12 years, I had the opportunity

On 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

Vijay Mallya PMLA case: Court nod to ED to attach Rs 4,200 crore assets
Business

Vijay Mallya PMLA case: Court nod to ED to attach Rs 4,200 crore assets

In 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.