Lukewarm response to Diageo's open offer for United Spirits
Wednesday May 15, 2013
Diageo Plc's Rs 5,441-crore open offer for acquiring 26 per cent stake in Vijay Mallya-led United Spirits has come a cropper with the offer eliciting a tepid response from public investors.
Heineken takes 3.2% stake in United Breweries; shares soar
Wednesday May 15, 2013
United Breweries, controlled by liquor baron Vijay Mallya, said in a stock exchange filing that Heineken UK Ltd had been allotted the stake formerly held by Scottish & Newcastle India Pvt. Ltd, controlled by Heineken.
Vijay Mallya's two firms get Rs 91 crore service tax notice
Press Trust of India | Tuesday May 14, 2013
The notice is pertaining to sponsoring events like IPL, East Bengal Football Team, Force India Team, Wills India Fashion Week, Mohan Bagan Team.
Force India not taking things for granted after Bahrain show
Press Trust of India | Tuesday May 7, 2013
Team Principal Vijay Mallya said the team was not complacent after fantastic result in Bahrain as the European leg of the season-2013 begins on Sunday.
Small investors, HNIs hike stake in Kingfisher Airlines; FIIs trim holding
Friday April 26, 2013
However, foreign institutional investors (FIIs) reduced their exposure to the beleaguered airline to 0.85 per cent at the close of the quarter ended March 31, from 1.07 per cent three months ago. The holding of domestic institutions has also come dow...
McDowells No 1 retail sales over Rs 20,000 crore in 2012-13: United Spirits
Thursday April 18, 2013
United Spirits brand McDowells No1 has achieved retail sales worth $3.8 billion (over Rs 20,000 crore) in 2012-13, the liquor maker said in a statement on Thursday.
Bahrain GP: Chance for Force India to collect more points
NDTVSports | Wednesday April 17, 2013
Both Paul di Resta and Adrian Sutil have sorted matters after their collision in Shanghai last week. The Force India duo is now looking to combine to bring in more points for the team.
SBI group firm sells over 85 lakh shares in Kingfisher
Thursday April 11, 2013
SBICap Trustee Company, an SBI group entity, today offloaded more than 85 lakh shares of cash-starved Kingfisher Airlines in a transaction worth nearly Rs 7 crore.
Kingfisher Airlines submits revival plan to regulator, seeks nod to fly again
Mohd Faizan Khan | Wednesday April 10, 2013
The airline, which has been grounded since October 2012 following unrest by employees and a subsequent disruption in its flight schedules, plans to resume operations with 5 Airbus and 2 ATR flights.
Kingfisher likely to submit revival plan to aviation regulator today
Mohd Faizan Khan | Wednesday April 10, 2013
The civil aviation regulator has sought a written commitment from the promoters of the airline that additional funds will be infused by the parent company.
Force India is now competitive in all conditions, says Vijay Mallya
Press Trust of India | Monday April 8, 2013
Paul di Resta said it is still early part of the season, so team's evaluation should be delayed. Adrian Sutil, the second driver, was hopeful of delivering a good result on Sunday.
Vijay Mallya gets Rs 1.5 crore pay from US, UK firms
Sunday April 7, 2013
Liquor baron Vijay Mallya has got a total remuneration of about Rs 1.5 crore from two overseas companies for the year 2012, as the amount remained unchanged from the previous year.
Diageo declines to lift United Spirits offer price
Friday April 5, 2013
UK drinks group Diageo Plc's bid to raise its stake in United Spirits through a mandatory public open offer is unlikely to succeed after it opted not to lift its offer price, although it remains on track to take management control of the country's bi...
Ahead of RCB's IPL match, Kingfisher employees stage 'silent' protest
Press Trust of India | Thursday April 4, 2013
About 70 protesters including the pilots, engineers, ground staff and the cabin crew stood in front of the Mahatma Gandhi statue and held placards, before the match between RCB and Mumbai Indians began at the Chinnaswamy stadium.
Kingfisher Airlines employees protest ahead of IPL match
Thursday April 4, 2013
A group of employees of crisis-hit Kingfisher today staged a "silent" protest ahead of the IPL match involving Royal Challenger Bangalore team, owned by liquor baron and airline promoter Vijay Mallya, against non-payment of salary for several months ...
