Morgan Stanley Sells Stake In United Spirits

Mumbai: Kingfisher I dont have the money to pay your salary dues because I cannot use the proceeds from the United Spirits-Diageo deal for this due to an injunction from the Karnataka High Court, Mallya reportedly told the striking employees. The ...

After trailing arch rival Kishore Chhabria in the global whisky market for two years, the Vijay Mallya-led United Spirits (USL) has wrested the leadership position as the owner of the world's largest whisky brand.McDowell's, the whisky brand owned ...

USL's board said they'd approved the allotment of a little over 14.5 million shares to Diageo. Diageo, the global spirits major, was on Monday allotted a 10 per cent stake in Vijay Mallya's United Spirits (USL), the country's largest in this ...

The offer was part of the nearly USD 2-billion deal that would see Diageo snapping up majority stake in United Spirits. Of 3.8 crore shares of United Spirits that were on offer, shareholders tendered just 64,169 shares and only 58,688 scrips were ...

Close to six months after signing a landmark deal with Diageo, the global spirits major, liquor baron Vijay Mallya is preparing to make a 10 per cent preferential allotment in his flagship company, United Spirits, to the former.This is a sequel to the tepid response by the public shareholders of USL to the open offer by Diageo.The latter got just 0.44 per cent of the intended 26 per cent of equity.It is understood the preferential allotment of 10 per cent will happen before May 26, for which ...

DGCEI has issued notice to United Breweries for Rs 21.7 Cr, while that to United Spirit is of Rs 69.3 Cr TEXT SIZE : A | A | A TOOLS RELATED STORIES Directorate General of Central Excise Intelligence (DGCEI) has issued a show-cause-cum-demand ...

In a setback to liquor baron Vijay Mallya and his ailing Kingfisher Airlines, the Bombay High Court on Tuesday refused to restrain the consortium of banks from selling shares of United Spirits pledged as security against loans to Kingfisher Airlines. No ad ...

fourth quarter of the financial year 2012-13 compared with Rs 10.01 crore recorded last financial year (2011-12). The companys total income from operations is also 11.30 per cent higher to Rs 2,094.43 crore compared with the same period last year. EPS stood ...

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.