United Breweries Holdings

ED files fresh charge sheet against embattled ex-liquor baron Vijay Mallya; prepares for fugitive tag

The ED had last year filed its first charge sheet against Vijay Mallya, now in London, in the alleged Rs 900-crore IDBI Bank-Kingfisher Airlines (KFA) loan fraud case

UBHL winding: Will new provisions facilitate the judiciary in nailing the sinking Mallya ship

In the coming days it will be interesting to see how the judiciary balances the considerations of these new provisions

United Breweries Holdings posts 13-fold rise in Q1 net profit at 29.47 cr

The company had posted a net profit of Rs 2.15 crore during the same period of the previous fiscal

Mallya may be facing heat over loan defaults, but still gets Rs 1.7 cr pay package from US firm

More than half of Mallya’s total package for 2015 has been paid by California-based Mendocino Brewing Company Inc to him for “promoting” the company’s beer brands

Mallya's son Sidhartha steps down as UBHL director

Amid growing clamour for recovering over Rs 9,000 crore dues to banks by now-defunct Kingfisher Airlines, Vijay Mallya-led United Breweries (Holdings) Ltd today said its non-executive, non-independent director Sidhartha V Mallya has vacated the office of director with effect from March 31.

Mallya's United Breweries Holdings tagged wilful defaulter by PNB, shares tank 12%

In November, State Bank of India had declared Mallya, Kingfisher Airlines and its holding company United Breweries Holdings as wilful defaulters

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

Two Kingfisher promoters release 5.64 cr pledged shares

Kingfisher Airlines had accumulated losses of over Rs 16,000 crore as of 31 March, while it had a negative net worth of almost Rs 13,000 crore.

Karnataka HC summons Vijay Mallya over Rs 600 cr UB Group debt

The Karnataka High Court today directed UB Group Chairman Vijay Mallya to appear before it Tuesday in connection with a bunch of winding up petitions filed by creditors who are trying to get back close to Rs 600 crore from his company.