Diageo

Vijay Mallya row: Diageo files interlocutory application    

British liquor giant Diageo Plc today filed an interlocutory application before the Debt Recovery Tribunal seeking vacating of DRT's March seven order barring liquor baron Vijay Mallya from withdrawing USD 75 million exit buy

Vijay Mallya row: Diageo files interlocutory application    

Diageo brand contributes Rs 237 crore to United Spirits revenues

United Spirits S/L net sales were up 13% y-o-y to R22.8b (est. of R23.3 billion). Gross sales grew 11% y-o-y to R56 billion, excise duty declined 70bp y-o-y (down 120bp q-o-q, primarily due to mix benefit).

Water experts develop device to help save lives in India

Experts at the University of Birmingham today announced that they have developed a unique device that could save lives in countries like India by quickly and simply testing whether water supplies are safe to drink.

Water experts develop device to help save lives in India

Diageo submits exit deal with Mallya to debt tribunal

British liquor major Diageo Plc on Thursday submitted a copy of its agreement with liquor baron Vijay Mallya to the Debt Recovery Tribunal here, as directed by its presiding officer Justice C.R. Benakanahalli on April 29.

Diageo submits exit deal with Mallya to debt tribunal

United Spirits shares rally 8% intraday on Diageo stake hike buzz, company denies

Shares of United Spirits rallied 8 per cent intraday on reports that Diageo Plc may raise stake in the liquor maker to 72 per cent from 54.78 per cent.

United Spirits shares rally 8% intraday on Diageo stake hike buzz, company denies

Vijay Mallya case: Diageo questions DRT’s power to attach money

Diageo Plc today challenged Debt Recovery Tribunal's power to direct it to deposit USD 40 million, a part of USD 75 million a payout package signed with liquor baron Vijay Mallya who is facing a multi-agency probe including f

Vijay Mallya case: Diageo questions DRT’s power to attach money

Diageo to ‘review’ Tribunal order, says $40mn paid to Vijay Mallya

Caught in the controversy surrounding flamboyant businessman Vijay Mallya, British liquor giant Diageo today said it will "review" the Debt Recovery Tribunal's order freezing USD 75-million payout to him out of which has alre

Diageo to ‘review’ Tribunal order, says $40mn paid to Vijay Mallya

Diageo confirms paying $40 million to Vijay Mallya

British liquor major Diagio plc on Wednesday confirmed paying Indian industrialist Vijay Mallya $40 million (Rs.275 crore) as part of the $75 million (Rs.516 crore) agreement it entered with the latter on February 25.

Diageo confirms paying $40 million to Vijay Mallya

DRT restricts Diageo from disbursing Rs 515 cr settlement money to Vijay Mallya

The Debt Recovery Tribunal (DRT) on Monday restricted Diageo from disbursing Rs 510 crore to Vijay Mallya, which was part of the settlement when he resigned as chairman of United Spirits Ltd.

DRT restricts Diageo from disbursing Rs 515 cr settlement money to Vijay Mallya

Diageo to pay Vijay Mallya over Rs 515 crore as separation fee

Flamboyant businessman Vijay Mallya will get USD 75 million (Rs 515 crore) from Diageo as part of an "agreement" for his exit from United Spirits, a company founded by his family and now run by the global liquor giant.

Diageo to pay Vijay Mallya over Rs 515 crore as separation fee

United Spirits Ltd gets shareholders’ nod to be guarantor for loan by arm

Crisis ridden United Spirits Ltd (USL) today said it has received shareholders' nod to issue a guarantee to a bank for loan of up to Rs 100 crore to be a availed by its subsidiary Pioneer Distillers.

United Spirits Ltd gets shareholders’ nod to be guarantor for loan by arm

Vijay Mallya set to chair United Spirits AGM today

United Spirits Limited (USL), India's largest liquor maker, is all set to hold its crucial annual general meeting here on Tuesday after almost two months of delay.

Diageo’s India unit United Spirits eyes high-end spirits to reverse market share loss

Diageo says that India's United Spirits Ltd will scale back its roster of more than 150 brands and focus on the faster-growing top end, hoping to bolster its fortunes in a market dominated by cheaper, local names.

Diageo’s India unit United Spirits eyes high-end spirits to reverse market share loss

Diageo may not be able to recover $135 mn loan from Vijay Mallya firm Watson Ltd

Global spirits giant Diageo has said it may not be able to fully recover a loan of USD 135 million given to Vijay Mallya-affiliated Watson Ltd by Standard Chartered Bank where it had acted as a guarantor in case it is asked t

Diageo may not be able to recover $135 mn loan from Vijay Mallya firm Watson Ltd

JSW Group in advanced talks with Diageo Plc to acquire Royal Challengers Bangalore for Rs 300 crore

The RCB franchise, which is now eight IPL seasons old, is a wholly owned subsidiary of United Spirits Limited (USL), in which Diageo has a majority stake.

JSW Group in advanced talks with Diageo Plc to acquire Royal Challengers Bangalore for Rs 300 crore
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