Page 4 of United Spirits

A graceful, negotiated exit from United Spirits could be Vijay Mallya’s best bet

A negotiated exit would be the optimal solution for Vijay Mallya, the estranged chairman of United Spirits…

Updated: May 7, 2015 15:40 IST

United Spirits may have to restate a/c; Investor groups slam Diageo role

United Spirits Ltd (USL) has demanded ouster of its chairman Mallya, whose UB Group had sold controlling stake in the…

Updated: May 4, 2015 09:35 IST

Vijay Mallya row: Advisory firms call into question auditors’ role

The board wants Mallya to step down after a probe showed that certain transactions between 2010 and July 2013…

April 28, 2015 08:56 IST

Vijay Mallya probe: UB entities, others under multi-agency scanner

Without fixing individual responsibility for the alleged lapses, USL board resolved it has ‘lost confidence’ in Mallya and therefore it…

April 28, 2015 05:37 IST

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

The USL board had resolved to recommend Mallya’s removal to the company’s shareholders in the event of his refusing to…

April 28, 2015 03:31 IST

United Spirits’ shares down 2.5 pct as Vijay Mallya asked to quit board

Shares of United Spirits fell by 2.5 per cent today after Vijay Mallya was asked to quit the board over…

April 27, 2015 16:19 IST

Vijay Mallya escalates war on United Spirits board; Diageo quotes ‘contract’

With United Spirits asking its own chairman Vijay Mallya to quit, the majority owner Diageo today said its “contractual obligations”…

Updated: April 27, 2015 21:35 IST

USL showdown: Long-drawn battle ahead for Vijay Mallya

Amid mounting troubles, UB Group chief Vijay Mallya is likely headed for a long-drawn battle at United Spirits…

Updated: April 27, 2015 05:34 IST

Vijay Mallya says only shareholders can ‘oust’ him from United Spirits

Asked to quit United Spririts’ board, Vijay Mallya struck a defiant note saying he ‘intends’ to continue as its Chairman…

April 26, 2015 16:09 IST

Vijay Mallya Vs Diageo: Sebi to look into disclosure, other lapses

With liquor giant United Spirits asking its own Chairman Vijay Mallya to quit, markets watchdog Sebi and other regulatory agencies…

April 26, 2015 16:04 IST

United Spirits asks Vijay Mallya to step down

The Diageo-led United Spirits (USL) on Saturday asked Vijay Mallya to step down as chairman of the firm…

April 26, 2015 01:08 IST

Diageo asks Vijay Mallya to quit United Spirits board; alleges fund diversion

Alleging fund diversion to Kingfisher and other UB group entities, United Spirits’ new owner Diageo has asked Vijay Mallya…

Updated: April 27, 2015 08:14 IST

61 firms made open offers worth Rs 23,000 cr in 2014

As many as 61 listed companies made open offers worth over Rs 23,000 crore in 2014 against 81 firms in…

January 20, 2015 18:33 IST

United Spirits-Diageo deal gets shareholder approval

United Spirits (USL) said it has received approval from minority shareholders for exclusive…

January 11, 2015 01:49 IST

USL shareholders to vote on Diageo licence pact today

Shareholders of United Spirits (USL) will gather at an extraordinary general meeting (EGM)…

January 9, 2015 00:11 IST

A second chance: USL looks for shareholder nod to sell Diageo brands

Minority shareholders had rejected the proposal earlier. If cleared, United Spirits will get licensing and distribution rights to Diageo’s brands

Updated: December 29, 2014 06:25 IST

United Spirits to again seek shareholders’ nod on licence pacts with Diageo

United Spirits (USL) on Wednesday said it would once again approach shareholders…

Updated: December 18, 2014 08:43 IST

Vijay Mallya’s exit brings fizz to UB stocks; Troubles mount further

In an irony of sorts, self-proclaimed ‘King of Good Times’ Vijay Mallya on Tuesday saw shares of his various group…

December 3, 2014 06:05 IST

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TVS Apache RTX: Racing spirit, touring soul

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