Diageo portfolio integration to make USL more powerful: Mallya

Last Updated: Tuesday, September 24, 2013, 17:52

"USL has embarked upon premiumisation policy with focus on premium brands where we achieved strong double-digit growth that will mitigate the cost increase implication to some extent," Mallya told reporters after the USL Annual General Body meeting here.

USL allots 1.45 cr shares on preferential basis to Diageo

Last Updated: Monday, May 27, 2013, 14:32

On November 9, 2012 Diageo had announced buying a 53.4 percent stake in USL for Rs 11,166.5 crore in a multi-structured deal.

USL Q4 profit jumps five-fold to Rs 56 crore

Last Updated: Thursday, May 16, 2013, 16:32

The company had posted a net profit of Rs 10.01 crore in the corresponding period of the previous fiscal.

Vijay Mallya sues banks for selling pledged USL shares

Last Updated: Tuesday, April 2, 2013, 00:29

Liquor baron Vijay Mallya has filed a petition in the Bombay High Court against the lenders to his grounded airline Kingfisher for selling a portion of the pledged shares of United Spirits (USL) worth Rs 100 crore, according to banking sources.

Diageo-USL deal hits CCI hurdle; regulator suggests changes

Last Updated: Wednesday, January 16, 2013, 12:11

The anti-trust regulator has asked the companies to rework the ambiguous parts and make the deal more definitive in nature.

United Spirits pledges entire 3.21% stake in United Breweries

Last Updated: Monday, January 7, 2013, 23:21

United Spirits Ltd (USL) has pledged its entire 3.21 percent stake in group firm United Breweries for an undisclosed amount.

Mallya`s son to join USL at basic pay of Rs 48k per month

Last Updated: Wednesday, April 7, 2010, 00:20

As liquor baron Vijay Mallya charts out his succession plan, son Sidhartha V Mallya will soon join United Spirits Ltd with a monthly basic salary of Rs 48,150 and a total pay of up to an estimated Rs 1.67 lakh.