United Breweries Group

Kingfisher no longer a UB arm but exposure stands at Rs 12k cr

UB Holdings said that Kingfisher ceased to be a subsidiary as on 18 February 2012, after the carrier allotted shares against optionally convertible debentures to certain entities.

UB Holdings may sell office space; in talks with Blackstone: paper

UB Holdings is in talks with private equity funds Blackstone and Kohlberg Kravis Roberts to sell some of its commercial real estate for 6.5 billion rupees, the Times of India newspaper reported on Tuesday citing unnamed banking sources.

Bitter KFA staff turns to UB-Group owned RCB for support

A section of the debt-laden airline's staff who have not been paid their dues for the last four months requested the Royal Challengers Bangalore team to boycott the IPL matches.

Mallya promises Kingfisher staff salaries by 10 April

Mallya has written to employees and promised salaries will be paid by 10 April the latest.

Why would Mallya sell cash cow UB to save Kingfisher?

Why in the world is Mallya so hell bent on throwing good money after bad money?

Is Mallya giving up control of UB to save Kingfisher?

Mallya and Heineken are in final stages of negotiations and due diligence for UBL stake sale.

Kingfisher owes Bank of Scotland $21.6 m in overdue payments

According to flightglobal.com, Bank of Scotland had brought the action on behalf of a consortium of lenders against Kingfisher's parent company, United Breweries Holdings.

After IATA suspension, Kingfisher has an alternate plan for bookings

The airline has made alternate arrangements t via select leading travel agents and their network of partners.

Mangalore Chem shares jump on potential Mallya stock sale

Shares in Mangalore Chemicals & Fertilisers Ltd rose after newspaper reports said UB Group Chairman Vijay Mallya had been approached by potential buyers of UB's 30.4 percent stake in the company.

UB Group to consolidate foreign liquor assets

UB Group will consolidate its foreign alcohol assets ahead of an overseas listing of the brands, the Economic Times reported on Monday.