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About 184 results for "united breweries holdings"

No HC relief for Kingfisher Villa owner

The high court of Bombay at Goa has declined to stay the proceedings initiated by SBICAP Trustee Company Ltd (STCL) seeking assistance of North Goa district magistrate to take possession of mortgaged property ‘Kingfisher Villa’ on a petition filed by ... Times of India, 15 hours ago

Endgame for Vijay Mallya?

Bengaluru/Mumbai: For someone who used to revel in publicity, Vijay Mallya is keeping an uncharacteristically low profile these days. The man once known for the lavish parties he hosted on his luxury yacht, his love of race horses and motor ...
 MSN News US2 weeks ago The beginning of the endgame for Vijay Mallya?  Livemint.com2 weeks ago Vijay Mallya, once India's king of good times, is staring at rock bottom  Quartz3 weeks ago

Diageo to review United Spirits deal with Vijay Mallya

Diageo is the majority shareholder in United Spirits with a 54.78% holding, while Vijay Mallya and his UB Group own about 5%. Photo: Mint Mumbai: Diageo Plc said it will review its shareholder agreement with Vijay Mallya , chairman of its United ...
 Livemint.com3 weeks ago Internal report: United Spirits refusal evokes mixed response  Hindu Business Line2 weeks ago United Spirits to disclose impact of financial irregularities by month-end  VC Circle2 weeks ago What the battle between Diageo & Vijay Mallya over United Spirits means for co  Economic Times2 weeks ago

Banks in process of declaring UBHL 'wilful defaulter'

CNBC-TV18 has learnt that bankers are filing a fresh case against Mallya's United Breweries after KFA defaulted on a pre-delivery payment loan. Y ears after his pet project, Kingfisher Airline was grounded, it continues to give promoter Vijay ...
 Moneycontrol.com1 month ago

Will consider USL's position in light of its agreements with Vijay Mallya, says Diageo

Diageo Plc on Monday said it has received inquiry reports from United Spirits (USL) and will consider its position under the agreements it has with Vijay Mallya, who has refused to heed a call by the USL board to step down as chairman and director. ...
 Financial Express3 weeks ago Diageo looks to ring-fence its $3B investment in United Spirits  VC Circle3 weeks ago Diageo unit chairman refuses to step down  MoneyAM4 weeks ago BRIEF-Diageo to consider its position on United Spirits chairman Vijay Mallya  Reuters Africa4 weeks ago
Business Today India

USL shares close 3.76% lower as Mallya asked to quit board

The United Spirits (USL) stock closed 3.76 per cent lower after Chairman Vijay Mallya was asked to quit the board over alleged fund diversion to Kingfisher Airlines and other UB Group entities - even as the liquor baron said he intends to continue ...
 Business Today India4 weeks ago United Spirits shares down 2.5 pct as Vijay Mallya asked to quit board  Financial Express4 weeks ago USL Shares Down by 2.5% As Mallya Asked to Quit Board  Outlook India4 weeks ago USL shares down 2.5% as Mallya asked to quit board  ZeeNews.com4 weeks ago

Vijay Mallya-Diageo row: UB entities, top execs under multi-agency scanner for alleged irregularities

As Vijay Mallya fights it out with United Spirits to retain his Chairmanship, the role of some top executives, auditors and promoter entities linked to the UB Group have come under scanner of multiple regulatory agencies for alleged irregularities ...
 Firstpost.com3 weeks ago Vijay Mallya probe: UB entities, others under multi-agency scanner  Financial Express3 weeks ago Vijay Mallya row: Advisory firms call into question auditors role  Financial Express3 weeks ago
The Freepress Journal

USL Ropes in New CFO; Mallya Says Will Discuss Issues Bilaterally with Diageo

BENGALURU: Amid intense boardroom battle at Diageo-controlled United Spirits Limited (USL) to oust chairman Vijay Mallya, USL announced the appointment of Vinod Rao as head of finance and V Ramachandran as company secretary and compliance officer. ...
 New Indian Express3 weeks ago Vijay Mallya's boardroom battle casts shadow on USL, UB Group shares  The Freepress Journal4 weeks ago Diageo Plc to conduct own probe, gives Vijay Mallya time to respond  Economic Times4 weeks ago

Kingfisher debacle to United Spirits row: Charting out the great fall of Vijay Mallya

Vijay Mallya is too much of a stiff upper lip to have ever read the Urdu poet Mirza Ghalib. But if he has, he would know, that one of Ghalib's most famous couplets, fits the current situation that Mallya is in, very well. Sometime in the ...
 Firstpost.com4 weeks ago Kingfisher to United Spirits: Charting out the great fall of Vijay Mallya  Firstpost.com4 weeks ago

Living with shareholder agreements

Between 2010 and 2013, United Spirits entered into several agreements with group companies to give out loans, largely to finance its ailing aviation venture, Kingfisher Airlines. These transactions were prior to British liquor major Diageo picking ...
 Business Standard India3 weeks ago
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