United Spirits Limited

How much of Mallya's kingdom does Diageo want?

"Diageo may get the right to appoint a majority of United Spirits' board members, including the chairman," a Bloomberg report had said.

Mallya offloading stake in United Spirits to save Kingfisher Airlines?

A report today suggests that United Spirits may raise funds from Diageo on pledged shares and would allow the British spirit maker to purchase upto 26 percent in the company. The funds could be used to rescue Kingfisher Airlines.

Chart : Why Mallya's United Spirits stock can double

United Spirits continued its north ward journey as its stock rose by 3.4 percent to Rs 601 per share on the exchange today. The money raised is expected to help the company reduce its humongous debt.

Mallya considering 49% stake sale in Whyte & Mackay?

The move is a part of a drive to cut UB Group's $4 billion (2.5 billion pounds) debt.

Diageo-United Spirits deal biggest inbound M&A in 2012

Some of the major inbound deals in the past, includes BP's $9 billion acquisition of Reliance Industries' oil & gas assets and the acquisition of Cairn India by NRI billionaire Anil Agarwal led-Vedanta Resources for over $8 billion.

Bhajji needs to grin and bear it

McDowell's spoof on Royal Stag has made Harbhajan Singh unhappy. But can he really do anything about it?