Diageo deal: Mallya set for 10% preferential allotment

Diageo has announced the appointment of Ivan Menezes as the new CEO of the company, effective July 1, 2013. Paul Walsh, who will step down from the Board at the September 2013 Annual General Meeting, will retire from the company on June 30, 2014. In ...

Diageo, as part of its Diageo Salutes the Troops initiative, announced that it has contributed $200,000 to three organizations dedicated to supporting our military troops both at home and abroad: iPads for Soldiers, Packages From Home and the ...

Of 3.8 crore shares of United Spirits that were on offer, shareholders tendered just 64,169 shares and only 58,688 scrips were accepted, according to a regulatory filing. Diageo had offered to buy shares at a price of Rs 1,440 per piece.

ited Spirits Ltd (USL), which is in the process of being bought over by the world's biggest spirits manufacture Diageo, has reported a 460% growth in net profit in the January-March quarter. Profit was up at Rs 56 crore as compared to Rs 10 crore in the same ...

Drinks giant Diageo could end up with a 16% stake in United Spirits (USL) that leaves Vijay Mallya with a larger block for the time being.

By Vinayak Chatterjee Ivan Menezes and I go back a long way. We were together at St Stephen's College in Delhi University doing a BA (Honours) in Economics from 1976 to 1979 and we were hostel-mates as well. As I think back I realise our Stephen's ...

Jet-Etihad, Unilever, Diageo deals seen boosting inbound activity

Does not require open offer shares for control: UK firm

By Rosalba O'Brien and Sinead Cruise LONDON (Reuters) - Diageo named Ivan Menezes as chief executive on Tuesday, turning to an Indian-born company insider whose role in the British drinks firm's push