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.

Vijay Mallya earns reprieve from court appearance

Last Updated: Tuesday, September 17, 2013, 21:22

The court on Monday directed Mallya to personally appear with his passport today as the company had failed to adhere to the direction issued by it earlier.

Karnataka HC summons Mallya in winding up case

Last Updated: Monday, September 16, 2013, 15:16

The Karnataka High Court on Monday directed UB Group Chairman Vijay Mallya to appear before it on Tuesday in connection with a bunch of winding up petitions filed by creditors who are trying to get back close to Rs 600 crore from his company.

UB Group stocks lose up to 76% value in 2013

Last Updated: Sunday, September 15, 2013, 11:57

UB Group Chairman Vijay Mallya may be confident of 'good times' ahead for his various businesses, but the market values of at least five group companies have fallen by up to 76 percent so far in 2013.

Kingfisher CEO gets Rs 4-cr pay package; headcount halves

Last Updated: Tuesday, September 3, 2013, 15:47

Aggarwal was paid total remuneration of Rs 3.99 crore for the fiscal 2012-13, largely unchanged from about Rs 4.01 crore in the previous year.

SBI sells 7.07 lakh shares of UB Group's MCFL for Rs 4 cr

Last Updated: Friday, July 5, 2013, 19:53

State Bank of India (SBI) today sold UB group's over seven lakh shares in Mangalore Chemicals and Fertilizers Ltd (MCFL) worth nearly Rs 4 crore.

Vijay Mallya, UB Holdings lose Rs 225-cr Kingfisher commission

Last Updated: Sunday, June 2, 2013, 15:32

These commissions pertain to the aggregate payments for a period from January 1, 2011 to March 31, 2013 and include an amount of little over Rs 100 crore for the last fiscal 2012-13, the grounded airline has said.

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.

HC allows UBHL to sell around 13 million shares of USL

Last Updated: Friday, May 24, 2013, 16:56

In this connection, UBHL had filed an application seeking permission of the court to sell those shares.

United Breweries shares surge over 3% on bourses

Last Updated: Wednesday, May 15, 2013, 17:59

Shares of Vijay Mallya-owned United Breweries Wednesday surged over 3 percent, after the company said Heineken UK Ltd has acquired 3.21 percent stake in it.

Mallya's two firms get Rs 91 crore service tax notice

Last Updated: Monday, May 13, 2013, 20:29

The notice is pertaining to sponsoring events like IPL, East Bengal Football Team, Force India Team, Wills India Fashion Week, Mohan Bagan Team.

United Breweries raises 1 mn pound loan from Heineken

Last Updated: Wednesday, April 24, 2013, 21:24

The loan and brewing agreements were signed between Kingfisher Beer Europe Ltd (KBEL), subsidiary of United Breweries International Ltd, UK (UBIUK) and Heineken UK Ltd.