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United Spirits appoints new Finance Head, Company Secretary

Last Updated: Monday, April 27, 2015, 14:21

These appointments came in the wake of Diageo-owned United Spirits' Board asking its erstwhile promoter and current Chairman Vijay Mallya to quit alleging fund diversion to Kingfisher and other UB Group entities.

USL shares down 2.5% as Mallya asked to quit board

Last Updated: Monday, April 27, 2015, 13:02

The stock lost 2.44 per cent to Rs 3,330 on the BSE, while at NSE, it went down by 2.52 per cent to Rs 3,330.

Vijay Mallya says only shareholders can 'oust' him from USL

Last Updated: Sunday, April 26, 2015, 15:07

Mallya also said that only "shareholders can 'oust' a Director" and he would continue to function as USL Chairman "in the normal manner".

Diageo asks Mallya to quit USL board; alleges fund diversion

Last Updated: Saturday, April 25, 2015, 20:40

However, Mallya refused to resign and said the inferences and allegations are unjustified and false.

Diageo asks Vijay Mallya to step down as Chairman of United Spirits

Last Updated: Saturday, April 25, 2015, 20:28

Diageo, the world's largest spirits maker on Saturday asked Vijay Mallya to resign from the board of United Spirits (USL).

United Spirits' CFO and Executive Director P A Murali resigns

Last Updated: Thursday, April 23, 2015, 12:53

Liquor firm United Spirits Ltd (USL) today said its Executive Director (ED) and Chief Financial Officer (CFO) P A Murali has resigned from the company.

United Spirits shuts down manufacturing unit in West Bengal

Last Updated: Thursday, March 5, 2015, 21:32

Liquor major United Spirits has shut down its manufacturing unit at Hooghly, West Bengal citing space constraints and other operational issues.

USL gets High Court approval for transfer of distillery

Last Updated: Friday, February 20, 2015, 20:51

Vijay Mallya-led United Spirits Ltd on Friday said it has got necessary approvals from the High Court of Karnataka to transfer of a distillery in Tamil Nadu to Enrica Enterprises.

United Spirits Q3 net profit up 21% at Rs 79 cr

Last Updated: Saturday, January 24, 2015, 17:13

Liquor major United Spirits Ltd Saturday posted 21.58 percent increase in net profit at Rs 78.81 crore for the third quarter ended December 31.

USL gets minority shareholders nod for Diageo licensing deal

Last Updated: Saturday, January 10, 2015, 21:04

The company said 76.33 percent of the minority shareholders approved its proposal, a tad over the 75 percent requirement.

USL to offer upto 11.5% return on public deposit scheme

Last Updated: Wednesday, September 25, 2013, 15:42

UB Group firm United Spirits Ltd, in which Diageo has a significant stake, Wednesday launched a fixed deposit scheme offering interest of up to 11.5 percent.

United Spirits appoints Anand Kripalu as next MD an CEO

Last Updated: Tuesday, September 24, 2013, 19:45

United Spirits Ltd (USL) today said its board has appointed Anand Kripalu as CEO-Designate of USL with effect from 1 October 2013 and he will assume charge as MD and CEO on May 1 2014.