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Telangana Rations Kingfisher Beer As Heineken Turns Off Taps Amid Price Row
India's biggest beer-consuming state is rationing supplies of Kingfisher, one of the country's most popular brands, after Heineken-controlled United Breweries last week suspended its sales in a dispute over prices.
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Kingfisher Beer Owner, Top Liquor Brands Fined Over 800 Crores In India
Competition Commission on Friday imposed penalties totalling over Rs 873 crore on United Breweries Ltd, Carlsberg India, All India Brewers' Association (AIBA) and other individuals for cartelisation in the sale and supply of beer in various states and Union Territories.
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Heineken Takes Control Of Kingfisher Beer Maker United Breweries
UBL is the maker of the country's top-selling Kingfisher lager and was owned by businessman Vijay Mallya.
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Probe Finds AB InBev, United Breweries Colluded On Prices: Report
The investigation has found that 15-20 executives from the three brewers were involved in discussions of beer prices before they were submitted to state regulators.
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Winding Up Of United Breweries Holdings: Court To Hear Case on Thursday
The Karnataka High Court on Monday adjourned the hearing to December 20 on a plea which sought not to wind up liquor baron Vijay Mallya-linked UBHL and give the company an opportunity to clear the debts related to his defunct Kingfisher Airlines Limited.
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United Breweries Shares Fall Following Raids By Fair Trade Regulator
Shares in United Breweries (UB), known for its Kingfisher brand, closed down 1.3 per cent in Mumbai, as the broader market rose 2.3 per cent on Friday.
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Pizza, Beer Top Scorers In India As World Cup Follows Cricket Season
World Cup 2018: Irrespective of who wins the 2018 FIFA World Cup, pizza and beer makers in India have emerged as top scorers.
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Vijay Mallya First Person To Be Booked Under New Anti-Financial Fraud Law
The Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Brew...
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Vijay Mallya Trial Resumes In London, More Defence Witnesses To Depose
The trial to prove a prima facie case of fraud against fugitive liquor baron Vijay Mallya resumes in London today to determine if he can be extradited to India to face charges over his erstwhile Kingfisher Airlines.
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United Breweries Falls As Profit Slumps Sharply In March Quarter
United Breweries reported a net profit of Rs 6.73 crore for the March quarter compared with Rs 52.37 crore in the corresponding quarter of the previous fiscal year.
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Vijay Mallya Case: Start Process To Recover Rs 9,000 Crore, Says Tribunal To Banks
The tribunal allowed the banks to recover the amount from Mr Mallya, Kingfisher Airlines, United Breweries Holdings Limited (UBHL) and Kingfisher Finvest.
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Will Cut Price To Auction Kingfisher Villa Again, Says PNB Official
The villa was owned by United Breweries Holdings, one of the Vijay Mallya group companies, and mortgaged by the now-grounded Kingfisher Airlines (KFA) to the consortium of banks to secure loans in 2010.
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Karnataka High Court Summons Vijay Mallya To Appear On November 24
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.
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United Breweries To Have More Flavours In Kingfisher Buzz
United Breweries, which launched its malt-based beverage 'Kingfisher Buzz' in Delhi, would introduce more flavours in its ready-to-drink (RTD) product.
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Vijay Mallya's Goa Villa Up For Auction Next Month: Report
Lenders were able to take possession of Villa in May after a long legal battle with United Spirits claimed tenancy rights over the property.
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Telangana Rations Kingfisher Beer As Heineken Turns Off Taps Amid Price Row
India's biggest beer-consuming state is rationing supplies of Kingfisher, one of the country's most popular brands, after Heineken-controlled United Breweries last week suspended its sales in a dispute over prices.
-
Kingfisher Beer Owner, Top Liquor Brands Fined Over 800 Crores In India
Competition Commission on Friday imposed penalties totalling over Rs 873 crore on United Breweries Ltd, Carlsberg India, All India Brewers' Association (AIBA) and other individuals for cartelisation in the sale and supply of beer in various states and Union Territories.
-
Heineken Takes Control Of Kingfisher Beer Maker United Breweries
UBL is the maker of the country's top-selling Kingfisher lager and was owned by businessman Vijay Mallya.
-
Probe Finds AB InBev, United Breweries Colluded On Prices: Report
The investigation has found that 15-20 executives from the three brewers were involved in discussions of beer prices before they were submitted to state regulators.
-
Winding Up Of United Breweries Holdings: Court To Hear Case on Thursday
The Karnataka High Court on Monday adjourned the hearing to December 20 on a plea which sought not to wind up liquor baron Vijay Mallya-linked UBHL and give the company an opportunity to clear the debts related to his defunct Kingfisher Airlines Limited.
-
United Breweries Shares Fall Following Raids By Fair Trade Regulator
Shares in United Breweries (UB), known for its Kingfisher brand, closed down 1.3 per cent in Mumbai, as the broader market rose 2.3 per cent on Friday.
-
Pizza, Beer Top Scorers In India As World Cup Follows Cricket Season
World Cup 2018: Irrespective of who wins the 2018 FIFA World Cup, pizza and beer makers in India have emerged as top scorers.
-
Vijay Mallya First Person To Be Booked Under New Anti-Financial Fraud Law
The Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Brew...
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Vijay Mallya Trial Resumes In London, More Defence Witnesses To Depose
The trial to prove a prima facie case of fraud against fugitive liquor baron Vijay Mallya resumes in London today to determine if he can be extradited to India to face charges over his erstwhile Kingfisher Airlines.
-
United Breweries Falls As Profit Slumps Sharply In March Quarter
United Breweries reported a net profit of Rs 6.73 crore for the March quarter compared with Rs 52.37 crore in the corresponding quarter of the previous fiscal year.
-
Vijay Mallya Case: Start Process To Recover Rs 9,000 Crore, Says Tribunal To Banks
The tribunal allowed the banks to recover the amount from Mr Mallya, Kingfisher Airlines, United Breweries Holdings Limited (UBHL) and Kingfisher Finvest.
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Will Cut Price To Auction Kingfisher Villa Again, Says PNB Official
The villa was owned by United Breweries Holdings, one of the Vijay Mallya group companies, and mortgaged by the now-grounded Kingfisher Airlines (KFA) to the consortium of banks to secure loans in 2010.
-
Karnataka High Court Summons Vijay Mallya To Appear On November 24
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.
-
United Breweries To Have More Flavours In Kingfisher Buzz
United Breweries, which launched its malt-based beverage 'Kingfisher Buzz' in Delhi, would introduce more flavours in its ready-to-drink (RTD) product.
-
Vijay Mallya's Goa Villa Up For Auction Next Month: Report
Lenders were able to take possession of Villa in May after a long legal battle with United Spirits claimed tenancy rights over the property.
