Mallya readies platform for 10% preferential allotment to Diageo

Heineken UK Ltd,part of global liquor maker Heineken, has acquired 3.21 per cent stake in Vijay Mallya─led United Breweries Ltd (UBL), the latter said. UBL allotted over 84.89 lakh shares, representing 3.21 per cent, to Heineken UK, which is a ...

Diageo open offer for acquiring 26% stake in Vijay Mallya-led United Spirits has fallen flat. (Reuters) Top Stories Diageo Plc's Rs 5,441-crore open offer for acquiring 26 per cent stake in Vijay Mallya-led United Spirits has come a-cropper with the ...

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.

Kingfisher Airlines (KFA) , the Mallya group company, touched new low and plunged nearly 3% on Friday in noon trade after media reports said that AAI sued the company. State-run Airports Authority of India said Tuesday it has filed two lawsuits against ...

Vijay Mallya-led liquor firm United Spirits today posted an over five-fold rise in net profit at Rs 56 crore for the fourth quarter ended March 31, 2013. The company had posted a net profit of Rs 10.01 crore in the corresponding period previous fiscal. Net ...

Royal Challengers Bangalore owner Siddharth Mallya shares a light moment with Kings XI Punjab co-owner Preity Zinta during the IPL 6 match at the Chinnaswamy Stadium in

Shares of Vijay Mallya-owned United Breweries today surged over 3%, after the company said Heineken UK Ltd has acquired 3.21% stake in it.

Theirs are stories of entrepreneurial capitalism as they spotted opportunity way before anyone else did and strove to create wealth for themselves as well as others.

, 01:25 IST Tags: Vijay Mallya | Kingfisher Airlines | Bank NPAs | Kingfisher Brand | SBI NPAs | Bank News Stung by rising NPAs and lower profits, banks have initiated the process of searching for a buyer for the Kingfisher Airlines brand even ...