DIAGEO HOLDINGS NETHERLANDS BV
Standard Chartered Bank alleges Mallya colluded with banks led by SBI
DRT had barred Mallya from withdrawing $75 million exit payment from Diageo till the disposal of the case over the loan default by Kingfisher Airlines.
Bharti Airtel dials Warburg Pincus to raise up to $1.5 billion
This will be followed by a listing that will help the company repay some of it...
Beijing to get third airport to reduce congestion, delays
The massive new airport will be located 46 kilometers (29 miles) south of the city ...
Mallya deal under Sebi review: Diageo Plc may need to make open offer to USL shareholders
Sebi views last year’s $75-mn exit settlement between embattled businessman Vijay Mallya and the world’s biggest distiller as change in management control.
USL stock up 3% as Diageo buys shares; ups stake to 29%
Shares of United Spirits today rose three per cent after the UK-based Diageo acquired an additional 2.40 per cent stake in Vijay Mallya-led UB group firm.
Vijay Mallya deals brings Diageo under Sebi lens
The latest notice from Sebi was triggered because of the disclosure of the so-called Watson transaction, under which a Diageo entity had provided guarantee to Watson Ltd.
S&P affirms BBB- rating on Airtel on spectrum buy
S&P said that it had affirmed the rating as it expected “Bharti’s improving business position to offset the weakness from the company’s higher leverage over the next two years”.
United Spirits to sell 10% to Diageo at Rs 1,440 per share
The deal sets the stage for Diageo to take a controlling stake in United Spirits, India’s largest spirits company.
Diageo owned United Spirits seeks protection under BIFR
The country’s largest beer company has sought shareholders’ approval for this on January 22, said a filing to the stock exchange.
Holding co for Bharti Airtel’s Africa operations eyes IPO to unlock value
Though the Africa operations have historically been a drag on Bharti Airtel over the past 3-4 years, the Sunil Mittal-led telco has lately been performing well in Africa.
Karnataka HC declares UBHL stake sale in United Spirits to Diageo as void
On November 26, 2013 Diageo picked up more than 19 lakh shares of the Vijay Mallya-led United Spirits for over Rs 472 crore.
Notice on additional payments:Diageo set to challenge Sebi’s notice on open offer
In 2013, following a 2012 agreement between Diageo and Mallya for buying a majority stake in USL, an open offer was made at Rs 1,440/share to the shareholders of USL.
French retailer Carrefour Invests Rs 160 cr to spruce up wholesale business, in talks for possible retail JV
The French retailer reportedly is in talks with an Indian group for possible retail JV.
Fifteen stocks in focus on Wednesday, 8 February 2017
Bharat Forge, Cipla, Hero MotoCorp, NTPC and United Breweries will announce their financial results for the quarter ended December 31, 2016 on Wednesday.
United Spirits minority shareholders reject 9 proposals at EGM
Shareholders at the November 28 EGM rejected approval to a loan agreement dated July 3, 2013 between United Spirits Ltd (USL) and United Breweries (Holdings) Ltd.
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