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About 889 results for "usl"

USL finds Rs.1,225.3 crore diversion, holds Mallya liable
The Hindu

USL gave evidence of fund diversion by Mallya to regulators, i...

Mallya, who is in self exile in the United Kingdom, has denied these charges that accuse him of siphoning Rs 1,225 cr from the company Business Standard, 1 month ago
Tough legal battle lies ahead for USL, Mallya Business Standard, 1 month ago

2,848 images for usl

Sky News Australia, 2 days ago
NDTV, 2 days ago, 2 hours ago
News, 2 days ago
The Hindu, 1 day ago
LBCAustralia, 2 days ago
Bne IntelliNews, 2 days ago
Sputnik, 5 days ago
Reuters UK, 2 days ago
Air Force Space Command, 2 days ago

United Spirits shows proof of Mallya's fund diversion

USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson. United Spirits Limited (USL), majority owned by British liquor major Diageo, has given evidence to regulators and investigation agencies of fund diversion to the tune of Rs 1,225 crore (Rs 12.25 billion) from the company under Vijay Mallya. “It is fairly voluminous report and we have given copies to all regulators as a board and the company. We do not ...
 Rediff.com1 month ago Mallya denies Diageo's fund diversion charges  Business Standard1 month ago All transactions from USL were legal, says Vijay Mallya  India Today1 month ago Mallya refutes USL charge of fund diversion  The Hindu1 month ago

‘USL debtors went back on promise to pay up, post acquisition by Diageo’

USL Chairman MK Sharma said Diageo went ahead with the acquisition of USL believing the debtors. At that point in time, they had confirmations. The change occurred after Diageo came in pursuant to the due-diligence believing that they were good assets. At ...
 Business Line1 month ago United Spirits likely to move Bombay HC against Mallya: Sources  Money Control1 month ago Sebi may summon USL officials over $75 mn compensation to Mallya  Business Standard1 month ago Sebi may question USL officials over $75 mn compensation to Mallya  Business Standard1 month ago

United Spirits net zooms up 266 per cent in Q1

United Spirits Ltd (USL) on Tuesday reported a whopping 266 per cent growth in standalone net profit for first quarter of 2016-17 at Rs 44 crore as against Rs.12 crore in like period year ago.
 Business Standard1 month ago United Spirits posts ₹44-crore profit  Business Line1 month ago

USL undertakes organisational review

Alcoholic beverages maker United Spirits (USL) today said it has undertaken an organisational review in a bid to align resources behind the performance ambition. The companys spokesperson, in a statement said, the firm is making changes to its organisational ...
 Business Line1 month ago Vijay Mallya out, are job cuts coming at United Spirits?  MSN India1 month ago

Vijay Mallya faces second ED probe over Rs 900 cr forex violations

USL said Mallya diverted funds to over half a dozen companies, having direct or indirect interest The post Vijay Mallya faces second ED probe over Rs 900 cr forex violations appeared first on Firstpost .
 First Post.com1 month ago USL funds diversion not covered by scope of Diageo’s due diligence  Business Line1 month ago Probe reveals Mallya diverted USL funds to his firms  Prokerala1 month ago

Inside GST there is a larger transparency: USL's chief advisor

Speaking to CNBC-TV18 Amrit Kiran Singh, Chief Advisor for USL Diageo, said alcohol is the second largest contributor to a state’s revenue.
 Money Control3 weeks ago

USL in legal dispute with IDBI

Bengaluru-based alcoholic beverage firm United Spirits (USL) is involved in a legal dispute with government-owned IDBI over the repayment of a Rs 621.7 crore loan. "We have a business practice of not naming the party involved in dispute, but there is no ...
 Deccan Herald1 month ago Transactions from USL were legal, says Mallya  Prokerala1 month ago King of troubled times: United Spirits says Vijay Mallya diverted Rs 1,225 cr to KFA, Formula 1  First Post.com1 month ago

USL says it has found fund diversions by Mallya entities

Spirits maker United Spirits Ltd (USL) said an additional inquiry into its past financial statements has uncovered actual and potential fund diversions linked to its former chairman Vijay Mallya. The internal inquiry revealed actual and potential diversions ...
 Business Line1 month ago USL slaps fresh charges on Mallya  Business Standard1 month ago Have found fund diversions by Mallya entities: United Spirits  Money Control1 month ago United Spirits says it has found fund diversions by Mallya entities  Business Standard1 month ago
Money Control

USL to stop manufacturing operations in Bihar due to ban

Liquor firm United Spirits Ltd(USL) today said it will stop manufacturing operations inBihar due to ban on sale of alcohol in the state that tookeffect from April 1.
 Money Control1 month ago
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