Vijay Mallaya

Karnataka HC dismisses United Breweries' appeal against winding up plea

The UBHL had filed the appeal against last month's order of Justice Anand Byrareddy admitting BNP Paribas winding up petition on defaults by now grounded Kingfisher Airlines, promoted by UBHL, over unpaid dues of over Rs 200 crore.

Heineken raises stake in United Breweries for $45.8 mn

Heineken NV, the world's third largest brewer, bought an additional 1.3 percent stake in United Breweries for Rs 2.8 billion on the stock market, the National Stock Exchange (NSE) data showed. Heineken, which currently owns 3.2 percent stake in United Breweries, bought 3.5 million shares at Rs 772.9, according to the exchange data on Tuesday.

Lessors, banks to invoke guarantees by UB holdings

Certain aircraft lessors and bankers to ailing Kingfisher Airlines (KFA) have invoked corporate guarantees given by Vijay Mallya-led United Breweries (Holdings) and negotiations are on over the issue.

IPL Auction 2014: Is Yuvraj Singh, Vijay Mallya's worst investment yet?

Did the Royal Challengers go overboard in bidding for Yuvraj Singh?