Sunday, July 13, 2025

Could lose title to 1cr shares of USL worth Rs 3K cr: Diageo

Last Updated: Sunday, September 13, 2015, 12:45

Diageo had purchased the shares amounting to 6.98 per cent stake in USL from UBHL as part the USD 3 billion deal in 2012 through which it had gained majority control in the Indian spirits maker.

UB stocks gain up to 57% so far this fiscal; outshine Sensex

Last Updated: Wednesday, September 19, 2012, 16:26

Shares of some UB group firms have rallied as much as 57 percent since the beginning of the current fiscal, even as the debt-ridden Kingfisher's stock has mostly languished in the recent months.

UBHL auditors raise concern over Kingfisher exposure, defaults

Last Updated: Wednesday, September 19, 2012, 14:45

Auditors of UB group's holding firm, UBHL, have raised concerns over its significant exposure to debt-ridden Kingfisher Airlines, as also on delays and defaults related to tax dues and repayments to lenders.