Mallya-USL row: ICAI seeks details from Sebi on auditors' role
The ICAI has powers to initiate disciplinary action against auditors if they are found to have indulged in malpractices.
May 01, 2015, 20:45 PM IST
Vijay Mallya says only shareholders can 'oust' him from USL
Mallya also said that only "shareholders can 'oust' a Director" and he would continue to function as USL Chairman "in the normal manner".
Apr 26, 2015, 15:07 PM IST
Diageo asks Mallya to quit USL board; alleges fund diversion
However, Mallya refused to resign and said the inferences and allegations are unjustified and false.
Apr 25, 2015, 20:40 PM IST
Diageo asks Vijay Mallya to step down as Chairman of United Spirits
Diageo, the world's largest spirits maker on Saturday asked Vijay Mallya to resign from the board of United Spirits (USL).
Apr 25, 2015, 20:28 PM IST
USL board orders probe into loans to UB Group companies
The Board of United Spirits Ltd, now controlled by Diageo, has ordered a probe into the loans given by United Spirits to UB Group companies as it posted a whopping net loss of Rs 4,488.77 crore for the financial year ended March 31, 2014.
Sep 05, 2014, 14:31 PM IST
