Diageo India

The government has ordered 4,000 army shops in the country to stop buying imported goods, according to a document reviewed by news agency Reuters, a move that could send an unwelcome signal to foreign liquor firms such as Diageo and Pernod Ricard.

Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray.

Over and above the $135 million, Vijay Mallya is liable to pay interest incurred at a commercial rate as well as 200,000 pounds towards legal costs.

Even as Vijay Mallya renewed an appeal against his extradition to India, the liquor tycoon suffered another legal setback on Friday in a separate USD 40-million claims case brought by British liquor giant Diageo plc in the UK High Court.

Weeks before a London extradition hearing, Vijay Mallya faces a second legal battle after Diageo Plc sued to recover a $40 million payment made when he was ousted from United Spirits Ltd. last year.

Citing violation of the agreement by Vijay Mallya, Diageo has also ruled out the future instalments to him, saying "it was not liable to pay such amount."

The Supreme Court has directed the Union Home Ministry to "secure and ensure" the presence of embattled businessman Vijay Mallya, who is currently in the United Kingdom, before it on July 10 for the hearing on the quantam of punishment for contempt of court. The top court has held Mr Mallya guilty of contempt of court for disobeying its orders by n...

Business tycoon Vijay Mallya, whose defunct-Kingfisher Airlines owes over Rs 9,000 crore to various banks, has once again offered to settle with the lenders.

This is separate from an 'additional payout' that Sebi had ordered Diageo in June last year to pay to the minority shareholders, who had tendered their shares in an open offer in 2012,

United Spirits-NDTV Road To Safety, a Diageo Initiative is a social campaign to make our roads safer and attempt to reduce the number of 'preventable accidents' by encouraging citizens to demonstrate more responsible behavior behind the wheel. The campaign is now in its third edition and will be organising a conclave on January 11 from 11am onwards...

Diageo sells some of the well-known brands in India like Johnnie Walker, VAT 69, Black & White (Scotch whisky), Smirnoff and Ciroc (vodka)

United Spirits had in July made it clear that an earlier settlement reached with ex-chairman Vijay Mallya would not absolve him of the claims arising out of the new findings of an internal 'Additional Inquiry'.

United Spirits Ltd reported an increase of 15.86 per cent in its standalone net profit at Rs 82.54 crore for the second quarter ended September 30, 2016.

The Supreme Court was on Tuesday hearing a contempt petition against beleaguered businessman Vijay Mallya for violating a court order by not disclosing his assets in India and abroad.

The Debt Recovery Tribunal had last year restrained Standard Chartered Bank from transferring to Diageo Plc or anyone else the equity shares of United Breweries Holding Limited (UBHL) pledged by Mr Mallya and his son Siddharth with the bank.

The government has ordered 4,000 army shops in the country to stop buying imported goods, according to a document reviewed by news agency Reuters, a move that could send an unwelcome signal to foreign liquor firms such as Diageo and Pernod Ricard.

Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray.

Over and above the $135 million, Vijay Mallya is liable to pay interest incurred at a commercial rate as well as 200,000 pounds towards legal costs.

Even as Vijay Mallya renewed an appeal against his extradition to India, the liquor tycoon suffered another legal setback on Friday in a separate USD 40-million claims case brought by British liquor giant Diageo plc in the UK High Court.

Weeks before a London extradition hearing, Vijay Mallya faces a second legal battle after Diageo Plc sued to recover a $40 million payment made when he was ousted from United Spirits Ltd. last year.

Citing violation of the agreement by Vijay Mallya, Diageo has also ruled out the future instalments to him, saying "it was not liable to pay such amount."

The Supreme Court has directed the Union Home Ministry to "secure and ensure" the presence of embattled businessman Vijay Mallya, who is currently in the United Kingdom, before it on July 10 for the hearing on the quantam of punishment for contempt of court. The top court has held Mr Mallya guilty of contempt of court for disobeying its orders by n...

Business tycoon Vijay Mallya, whose defunct-Kingfisher Airlines owes over Rs 9,000 crore to various banks, has once again offered to settle with the lenders.

This is separate from an 'additional payout' that Sebi had ordered Diageo in June last year to pay to the minority shareholders, who had tendered their shares in an open offer in 2012,

United Spirits-NDTV Road To Safety, a Diageo Initiative is a social campaign to make our roads safer and attempt to reduce the number of 'preventable accidents' by encouraging citizens to demonstrate more responsible behavior behind the wheel. The campaign is now in its third edition and will be organising a conclave on January 11 from 11am onwards...

Diageo sells some of the well-known brands in India like Johnnie Walker, VAT 69, Black & White (Scotch whisky), Smirnoff and Ciroc (vodka)

United Spirits had in July made it clear that an earlier settlement reached with ex-chairman Vijay Mallya would not absolve him of the claims arising out of the new findings of an internal 'Additional Inquiry'.

United Spirits Ltd reported an increase of 15.86 per cent in its standalone net profit at Rs 82.54 crore for the second quarter ended September 30, 2016.

The Supreme Court was on Tuesday hearing a contempt petition against beleaguered businessman Vijay Mallya for violating a court order by not disclosing his assets in India and abroad.

The Debt Recovery Tribunal had last year restrained Standard Chartered Bank from transferring to Diageo Plc or anyone else the equity shares of United Breweries Holding Limited (UBHL) pledged by Mr Mallya and his son Siddharth with the bank.