UB Group
Mallya quits United Spirits with Rs515 cr package
26 Feb 2016
United Spirits shares surged as much as 6 per cent today following the resignation of its chairman Vijay Mallya from the company's board on Thursday
Diageo may have to write off loan to Mallya firm
07 Sep 2015
Diageo has said it may not be able to fully recover a loan of $135 million given to Vijay Mallya-affiliated Watson by Standard Chartered Bank where it had acted as a guarantor in case it is asked to pay up
SC rejects Vijay Mallya's FERA plea; slaps Rs10-lakh fine
13 Jul 2015
The case pertains to an alleged payment of $2,00,000 by Mallya to London-based Benetton Formula Ltd for promotion of the Kingfisher brand abroad
UB Group to buy shares from Zuari to equal stake in MCFL
01 Jun 2015
The move comes after the Zuari Group helped UB Group to successfully stave off a takeover bid by rival Deepak Fertilisers
More trouble for Mallya as MCA, I-T dept probe USL fund diversion
28 May 2015
The government’s move comes after the majority shareholder Diageo put pressure on Vijay Mallya to quit as the chairman of United Spirits following a probe that found huge diversion of funds to UB group firms
Sebi to look into Daigeo-Mallya spat over USL `non-disclosure'
27 Apr 2015
USL on Saturday said "various improprieties and legal violations" were found in its inquiry into loans worth Rs1,337 crore given by the company to UB Group firms
Diageo wants Mallya out of USL board over alleged `improprieties’
25 Apr 2015
Mallya refused to quit the USL board saying that the PwC report related to transactions entered into by USL between 2010 and 2012, which have been duly reflected in the audited accounts of USL and duly approved by the then directors of USL and its shareholders
Kingfisher’s lenders unite to file contempt case against Mallya
07 Jan 2015
A consortium of 17 lender-banks to the failed Kingfisher Airlines filed a contempt application with the Karnataka High Court against the airline, its promoter Vijay Mallya, and parent group United Breweries Holding Ltd
United Spirits shareholders stand by troubled Vijay Mallya
01 Oct 2014
Despite warnings from credit rating agencies, shareholders of United Spirits Ltd re-elected Vijay Mallya unopposed as chairman
Don’t reappoint Mallya, advisory firms urge USL shareholders
20 Sep 2014
Proxy advisory firm Institutional Investor Advisory Services has advised shareholders against the reappointment of chairman Vijay Mallya at United Spirits
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