Vijay Mallya, billionaire chairman of United Spirits, has cost Diageo US$135 million by defaulting a second time on a debt repayment to Standard Chartered Bank, according to reports. Vijay Mallya has reportedly defaulted on a US$135m loan ... The Spirits Business, 3 days ago
Mallya costs Diageo £100m in debt default - Drinks Business, 3 days ago
Mallya 'default' makes Diageo lose $135 million - DNA India, 3 days ago
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UK-based drinks company Diageo has reportedly said that it would challenge the claim by its Indian subsidiary United Spirits Ltd (USL) chairman Vijay Mallya, who alleged that Diageo failed to enter into a joint venture with him in the emerging ...Drinks Business Review, 1 week ago Diageo will contest vigorously Mallya joint venture claim The Spirits Business, 1 week ago Mallya says Diageo owes him; liquor major contests claim Hindu Business Line, 1 week ago
United Spirits (USL), India's largest alcoholic beverages maker, is seeking shareholders approval later next week for its plans to declare itself sick and report the same to the Board for Industrial and Financial Reconstruction (BIFR). The move ...Financial Express, 4 weeks ago USL to declare itself sick as value plummets The Spirits Business, 1 month ago United Spirits Plans to Declare Itself 'Sick'; Shares Fall 3% NDTV Profit, 1 month ago United Spirits to report sick to BIFR VC Circle, 1 month ago
Bengaluru, Jan 23 (IANS) Most of United Spirits Ltd's (USL) investors had voted in favour of reporting to BIFR its 'sick' status due to net worth erosion, the company said on Saturday after a resolution was moved at an extraordinary general meeting ...Yahoo! India, 3 weeks ago Vijay Mallya, other directors skip United Spirits EGM Financial Express, 3 weeks ago Will Vijay Mallya chair United Spirits meet? Business Standard, 2 months ago
The rift between Vijay Mallya loyalist shareholders and shareholders who want new management to take full control of the company's operations came to the forefront at the Extraordinary General Meeting (EGM) of United Spirits, a subsidiary of Diageo.Deccan Herald, 3 weeks ago HDFC Bank sells Vijay Mallya's USL shares for Rs47 crore [Mint, New Delhi] Bloomberg, 2 months ago HDFC sells Vijay Mallya's USL shares for Rs47 crore HT Syndication, 2 months ago
Ministry of Corporate Affairs wants to take action against Mallya, other directors for USL fund diversion
The Ministry of Corporate Affairs has sent a notice to United Spirits Ltd, now majority owned by British liquor firm Diageo, asking why action should not be taken against the company, its former directors and officers, which include its chairman ...Business Standard India, 2 weeks ago
has invoked 1.5 lakh shares of United Spirits Ltd (USL) pledged by Vijay Mallya-led investment arm Kingfisher Finvest India Ltd. HDFC invoked the shares amounting to 0.10 per cent stake in USL on November 23, 2015, United Spirits Ltd (USL) said ...New Delhi Pioneer, 2 months ago HDFC Ltd invokes United Spirits Limited shares worth Rs 47 crore Economic Times, 2 months ago HDFC invokes Mallya's shares worth Rs 40 crore in USL Smart Investor, 2 months ago
Dec. 31--Troubled Indian drinks group United Spirits is set to take a 'sickie' to oust its entrepreneur chairman Vijay Mallya, it emerged yesterday. The firm, in which Guinness and Johnnie Walker whisky maker Diageo has a 55pc stake, seeks ...Bloomberg, 1 month ago Troubled Indian drinks group United Spirits to pull a 'sickie' with watchdogs in order to oust entrepreneur chairman Vijay Mallya Stock Market Wire, 1 month ago
United Spirits Ltd., the Indian liquor maker controlled by Diageo Plc, is seeking shareholders approval to inform regulators that its accumulated losses over the years have eroded about 86 percent of the company's net worth. The maker of ...Bloomberg, 1 month ago Diageo India Unit Seeks to Report Sick Amid Bid to Oust Mallya La Repubblica, 1 month ago
Reuters Vijay Mallya Industrialist Vijay Mallya, once India's liquor king, has further lost grip on what is now his flagship business interest—Kingfisher beer maker United Breweries Ltd. United Breweries (Holdings) Ltd, the public listed ...VC Circle, 1 month ago WILL SPONSOR THE INDIAN DERBY FOR ALL TIME TO COME VIJAY MALLYA Indiarace.com, 5 days ago Mallya, Associates Unfazed by Legal Tangles, Analysts Circumspect New Indian Express, 1 month ago Tycoon Mallya turns 60, rocks in Goa ProKerala.com, 1 month ago
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