United Spirits scrip jumps over 5% on smart Q1 results
United Spirits' stock Friday went up by over 5 percent after the company reported a standalone net profit of Rs 19.92 crore for the first quarter.
Jul 24, 2015, 19:42 PM IST
UBL to initiate process to recover Rs 1,337 crore
UK's Diageo group-controlled United Spirits today alleged irregularities and potential violations of law in diversion of funds by the firm's erstwhile promoter Vijay Mallaya-led UB Group and said it is initiating process to recover dues totaling to Rs 1,337 crore.
Jul 23, 2015, 23:59 PM IST
United Spirits posts Q1 net profit at Rs 19.92 cr
The Diageo-controlled United Spirits Thursday reported a stand-alone net profit of Rs 19.92 crore for the first quarter ended June on the back of higher sales.
Jul 23, 2015, 21:33 PM IST
Sebi asks Mallya group holding firm to restate accounts
Sebi has asked his group holding company UBHL to restate its financial accounts for two previous years to address issues flagged by the auditors.
May 30, 2015, 21:43 PM IST
NSE asks USL to make Vijay Mallya probe report public; company refuses
Taking forward its probe into the entire matter, the National Stock Exchange had asked United Spirits Ltd (USL) to provide a detailed report on its inquiry for "the public dissemination purpose".
May 06, 2015, 21:46 PM IST
NSE asks USL to make public fund diversion to Vijay Mallya's UB Group
Alleging fund diversions, United Spirits' new own Diageo had recently asked Vijay Mallya to step down at the Chairman and Director of the Indian liquor firm.
May 06, 2015, 20:57 PM IST
USL may have to restate a/c; investor groups slam Diageo role
Facing a multi-agency scrutiny, Diageo-owned United Spirits may have to restate its financial accounts, even as some investor groups have begun to question the UK-based parent's long silence on allegations against the erstwhile main promoters, Vijay Mallya-led UB Group.
May 03, 2015, 14:59 PM IST
Vijay Mallya escalates war on USL board; Diageo pores over 'contract'
Upping the ante to retain Chairmanship at United Spirits, embattled Vijay Mallya Monday said majority owner Diageo has "contractual obligations" to support his position, even as the British liquor giant said the contract was valid only if there were no "defaults".
Apr 27, 2015, 22:23 PM IST
UB entities, others under multi-agency scanner
As Vijay Mallya fights it out with United Spirits to retain his Chairmanship, the role of some top executives, auditors and promoter entities linked to the UB Group have come under scanner of multiple regulatory agencies for alleged irregularities between 2010 and 2013.
Apr 27, 2015, 20:37 PM IST
Vijay Mallya's boardroom battle casts shadow on USL, UB Group shares
Amid a boardroom battle at Diageo- owned United Spirits to oust Chairman Vijay Mallya, shares of the company as also that of various UB Group firms including long-grounded Kingfisher Airlines fell sharply Monday.
Apr 27, 2015, 18:03 PM IST
Will discuss the issue bilaterally with Diageo: Vijay Mallya
Liquor baron Vijay Mallya, who has been asked to quit from the chairmanship of the board of Diageo-controlled United Spirits, Monday said he will discuss the issue bilaterally with the world's largest spirits maker.
Apr 27, 2015, 17:14 PM IST
Vijay Mallya Vs Diageo: SEBI to look into disclosure, other lapses
With liquor giant United Spirits asking its own Chairman Vijay Mallya to quit, markets watchdog SEBI and other regulatory agencies have begun looking into suspected irregularities at the company, including about the alleged fund diversion and disclosure-related lapses.
Apr 26, 2015, 18:45 PM IST
United Spirits shuts down manufacturing unit in West Bengal
Liquor major United Spirits has shut down its manufacturing unit at Hooghly, West Bengal citing space constraints and other operational issues.
Mar 05, 2015, 21:32 PM IST
Open offers hit 1-year high at Rs 12,549 cr in June
The overall worth of open offers for public shareholders hit a one-year high of Rs 12,549 crore in June, almost entirely on account of a mega offer by global liquor giant Diageo Plc to acquire stake in United Spirits.
Jul 29, 2014, 18:08 PM IST
