United Spirits News


'United Spirits' - 388 News Result(s)

  • Buy SBI, Axis Bank; Avoid AB Nuvo: Ruchit Jain

    Buy SBI, Axis Bank; Avoid AB Nuvo: Ruchit Jain

    The Sensex rallied nearly 300 points and Nifty closed above its crucial psychological level of 8,650 on Friday on the back of rally in banking shares which was triggered after India's biggest public sector lender reported better-than-expected June quarter earnings.

  • Buy HPCL, BPCL, Avoid Bharti Airtel, Idea: Swati Hotkar

    Buy HPCL, BPCL, Avoid Bharti Airtel, Idea: Swati Hotkar

    The Nifty took support around 8,500 levels last week, after which it has rallied to 8,700, which indicates that there is buying at lower levels, said Swati Hotkar, technical research analyst with Nirmal Bang Securities. The Nifty faces resistance around 8,720 and a move above 8,720 on closing basis will open gates for 8,800-8,900 levels she said.

  • Buy Tata Motors, Dish TV, Sell United Spirits: Ruchit Jain

    Buy Tata Motors, Dish TV, Sell United Spirits: Ruchit Jain

    The BSE Sensex snapped a four-day losing streak on Thursday amid strong buying by foreign investors. Many analysts expect markets to correct, following the passage of the GST bill in Rajya Sabha

  • Vijay Mallya Deals Bring Diageo Under Sebi Lens

    Vijay Mallya Deals Bring Diageo Under Sebi Lens

    Sebi is mulling directing the British liquor giant to make additional payment to United Spirits' minority shareholders from whom it had acquired shares under an open offer in 2013 to compensate them for some 'preferential' treatment.

  • United Spirits Posts Over Three-Fold Jump In Q1 Net Profit

    United Spirits Posts Over Three-Fold Jump In Q1 Net Profit

    Diageo-owned United Spirits on Tuesday reported an over three-fold jump in its standalone net profit at Rs 43.80 crore for the quarter ended June 30, 2016.

  • United Spirits Defends Appointment Of PwC As Auditors

    United Spirits Defends Appointment Of PwC As Auditors

    United Spirits Ltd (USL) on Thursday defended the appointment of Price Waterhouse and Company as auditors of the liquor giant, even as opposition came from proxy advisory firm Stakeholders' Empowerment Services, which egged on the shareholders to vote against such a resolution.

  • Sebi Steps Up Vijay Mallya Probe, To Seek Overseas Help: Report

    Sebi Steps Up Vijay Mallya Probe, To Seek Overseas Help: Report

    In mounting troubles for embattled businessman Vijay Mallya, the Securities and Exchange Board of India (Sebi) has stepped up its probe into alleged fund diversion from his erstwhile listed group firms to other entities, including some abroad and his various sport ventures.

  • Found Fund Diversions By Vijay Mallya Entities: United Spirits

    Found Fund Diversions By Vijay Mallya Entities: United Spirits

    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.

  • Vijay Mallya Refutes United Spirits Limited's Allegations On Fund Diversion

    Vijay Mallya Refutes United Spirits Limited's Allegations On Fund Diversion

    A day after United Spirits disclosed Rs 1,225 crore fund diversion by the erstwhile promoters to entities linked to Vijay Mallya, the embattled businessman today said all transactions were "legal and above board" and the company was now making "unfounded allegations".

  • United Spirits Finds Rs 1,225 Crore Diversion, Holds Vijay Mallya Liable

    United Spirits Finds Rs 1,225 Crore Diversion, Holds Vijay Mallya Liable

    In fresh troubles for Vijay Mallya, his erstwhile group firm United Spirits on Saturday disclosed Rs 1,225.3 crore worth fund diversion and improper transactions with entities associated with the beleaguered businessman including Kingfisher Air and his Formula One team.

  • HDFC Invokes 35,000 USL Shares Pledged By Kingfisher Finvest

    HDFC Invokes 35,000 USL Shares Pledged By Kingfisher Finvest

    In a communication to BSE, Kingfisher Finvest India said it had pledged certain shares in USL to HDFC to secure loan given to United Breweries (Holdings).

  • United Spirits Looks To Lower Debt By Up To Rs 2,000 Crore In 2 Years

    United Spirits Looks To Lower  Debt By Up To Rs 2,000 Crore In 2 Years

    Diageo-controlled liquor firm United Spirits Ltd (USL) is looking to reduce its debt by up to Rs 2,000 crore in the next two years through various measures that include sale of shares and properties earlier owned by embattled businessman Vijay Mallya.

  • Government Rejects CEO, CFO Salary Proposals Of United Spirits

    Government Rejects CEO, CFO Salary Proposals Of United Spirits

    The company has been in regulatory cross-hairs in recent past over alleged irregularities including about financial dealings with Mr Mallya, long-grounded Kingfisher Airlines and some other UB firms.

  • United Spirits Posts Loss Of Nearly Rs 9 Crore In Q4

    United Spirits Posts Loss Of Nearly Rs 9 Crore In Q4

    Liquor major United Spirits on Thursday posted narrowing of standalone net loss at Rs 8.99 crore for the fourth quarter ended March 2016, on account of exceptional items.

  • Sudhakar Rao Steps Down As United Spirits' Independent Director

    Sudhakar Rao Steps Down As United Spirits' Independent Director

    Rao, former Chief Secretary of Karnataka, was appointed as an Additional Director of the company on July 4, 2013.

  • Lenders Begin Process To Take Over Vijay Mallya's Kingfisher Villa

    Lenders Begin Process To Take Over Vijay Mallya's Kingfisher Villa

    Lenders to the grounded Kingfisher Airlines on Friday started the process to take physical possession of Kingfisher Villa, which was pledged by beleaguered businessman Vijay Mallya to the bankers as collateral for over Rs 7,800-crore loan.

  • Love, Live and Laugh

    Love, Live and Laugh

    A twist on the classic martini with an addition of cappuccino foam and cinnamon powder.

  • Express Affinity

    Express Affinity

    A beautiful combination of coffee, cola and vodka espresso makes a perfect summer drink.

  • Buy Eicher Motors, United Spirits, Avoid Idea: Sanjeev Bhasin

    Buy Eicher Motors, United Spirits, Avoid Idea: Sanjeev Bhasin

    Sanjiv Bhasin, executive vice president - markets & corporate affairs with IIFL, expects stock markets to consolidate after recent selling.

  • Vijay Mallya Takes Rs 1.7 Crore Pay Package From His US Brewery

    Vijay Mallya Takes Rs 1.7 Crore Pay Package From His US Brewery

    Beleaguered liquor baron Vijay Mallya received a pay package of over Rs 1.7 crore last year from his US-based brewery firm that itself is struggling for funds and has been served default notices by lenders.

  • Banks File Counter Objections to Rs 594 Crore UBHL Claim: Report

    Banks File Counter Objections to Rs 594 Crore UBHL Claim: Report

    A consortium of banks led by State Bank of India (SBI) on Wednesday filed counter objections against Vijay Mallya-controlled UBHL's claim of Rs 594 crore from them for compensating the losses incurred by it due to the sale of United Spirits Ltd (USL) equity shares by lenders at a "cheaper rate".

  • Buy Just Dial, Tata Motors, Havells; Avoid United Spirits: Kunal Bothra

    Buy Just Dial, Tata Motors, Havells; Avoid United Spirits: Kunal Bothra

    Sensex and Nifty staged a sharp rally in trades on Monday on expectations of good monsoon. The Sensex rallied nearly 350 points to move above its crucial psychological level of 25,000 and Nifty settled above 7,650.

  • Vijay Mallya Claims He Paid USD 100 To Acquire Caribbean Premier League Franchise

    Vijay Mallya Claims He Paid USD 100 To Acquire Caribbean Premier League Franchise

    Vijay Mallya bought Caribbean Premier League (CPL) team in February days before stepping down as chairman of United Spirits and subsequently also lost control over Indian Premier League (IPL) franchise Royal Challengers Bangalore

  • Vijay Mallya's Son Sidhartha Quits As Director of UB Holdings

    Vijay Mallya's Son Sidhartha Quits As Director of UB Holdings

    Liquor baron Vijay Mallya's son Sidhartha has quit as a director from the board of United Breweries (Holdings) Ltd, a firm that holds investments in companies such as United Spirits and United Breweries.

  • ECL Finance Invokes 9.30 Lakh Pledged United Spirits Shares

    ECL Finance Invokes 9.30 Lakh Pledged United Spirits Shares

    Based on that day's closing price of Rs 2,526.10 apiece, the USL shares are worth around Rs 234.92 crore.

  • Sebi Widens Vijay Mallya Probe, Finds Prima Facie Lapses: Report

    Sebi Widens Vijay Mallya Probe, Finds Prima Facie Lapses: Report

    Finding prima facie evidence of non-compliance to various norms including those on insider trading and corporate governance, the Securities and Exchange Board of India (Sebi) has widened its probe into dealings of Vijay Mallya-led UB Group.

  • Vijay Mallya Could Lose Post As Chairman Of Firm He Inherited At 28

    Vijay Mallya Could Lose Post As Chairman Of Firm He Inherited At 28

    Heineken acquired a 37.5 per cent stake in United Breweries in 2008 through its takeover of Scottish & Newcastle and has since increased its holding to 42.4 per cent.

  • No Takers For Vijay Mallya's Kingfisher House In Online Auction

    No Takers For Vijay Mallya's Kingfisher House In Online Auction

    One of Vijay Mallya's flagship properties in Mumbai, Kingfisher House, is being auctioned online today.

  • Buy United Spirits, ITC; Avoid Idea Cellular: Kunal Bothra

    Buy United Spirits, ITC; Avoid Idea Cellular: Kunal Bothra

    Nifty is in a phase of consolidation and is likely to trade in a range between 7,400 and 7,550, says Kunal Bothra, senior technical analyst with LKP Securities.

  • Vijay Mallya Denies Giving Interview, Newspaper Releases His Emails

    Vijay Mallya Denies Giving Interview, Newspaper Releases His Emails

    After Vijay Mallya denied giving The Sunday Guardian an interview or ever saying that "time was not right for his return to India", the newspaper has published what it claims is its mail trail with the liquor baron.

................................ Advertisement ................................

................................ Advertisement ................................