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Total 405 results found. Search for [ Liquor sale ]

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Manu Kaushik
May 21, 2014
The sale of W&M will help United Spirits Ltd pare its debt and hence the interest outgo. It is also expected that with the sale of W&M, USL can concentrate on the fast-growing Indian made foreign liquor (IMFL) market.

New Delhi, May 9, 2014
The United Spirits board had recommended that its indirectly owned subsidiary United Spirits (Great Britain) Ltd consider the sale of Whyte & Mackay Group to Emperador UK Ltd, a unit of Emperador Inc, \"for an enterprise value of 430 million pounds\", the company said in a BSE filing on Friday.

Mumbai, April 15, 2014
USL's scrip rose sharply by 15 per cent to touch its one-year high of Rs 2,940.55 on the BSE. On the NSE, the stock zoomed 14.99 per cent to Rs 2,940.80 - its 52-week high.

New Delhi, April 7, 2014
SBI Caps has been tasked by a 17-member consortium of lenders, led by SBI, to recover their dues running into over Rs 7,500 crore in principal alone from Kingfisher Airlines, promoted by Vjay Mallya.

New Delhi, April 1, 2014
Hours after SpiceJet offered fares as low as rupee one valid for domestic travel till next year, the Directorate General of Civil Aviation (DGCA) shot off a strongly-worded directive to the airline asking it to stop the three-day offer \"immediately\".

New Delhi, February 14, 2014
Net sales of the company increased to Rs 2,278.40 crore for the quarter, compared to Rs 2,174.01 crore during the same period of previous financial year.

Anand Adhikari
February 14, 2014
Gross non-performing assets (NPAs) of domestic banks jumped to 3.6 per cent at the end of March 2013 from 3.1 per cent of total lending a year earlier, according to RBI. Bad loans rose further to 4.2 per cent by the end of September 2013, latest data show.

New Delhi, January 8, 2014
A section of Kingfisher Airlines employees lodged a complaint with the Delhi Police against its owner Vijay Mallya accusing him of \"exploitation, false promises, fraud and breach of trust\".

BT Online Bureau
Mumbai, December 23, 2013
Karnataka High Court has ordered the cancellation of the sale of United Breweries Holdings (UBHL) stake in United Spirits to British liquor giant Diageo in response to a petition by creditors of UBHL.

K.R. Balasubramanyam
Bangalore, December 20, 2013
The court has taken a stern view of the fact that UBHL, until recently the holding company of the grounded Kingfisher Airlines, has reneged on the corporate guarantees it provided to creditors in favour of the airline.
December 7, 2013
News you may have missed last fortnight -

Mumbai, November 26, 2013
Shares of United Spirits fell more than 8 per cent on Tuesday amid profit booking after liquor firm Diageo's $2 billion buyout of the Indian firm hit a regulatory hurdle.

London, November 25, 2013
The Office of Fair Trading (OFT) will have a fresh look at the deal in the wake of a new proposal made by the companies to sell bulk of Whyte & Mackay business of Indian liquor company to address the competition issues in the British whisky market.
November 22, 2013
It is high time political parties bridge their differences in the interest of the country and the government take firm steps for the implementation of the tax reform whether all states are ready to join or not, write guest columnists Ashok Dhingra and Sonia Gupta.
November 8, 2013
In a filing to the Bombay Stock Exchange, Relay BV, a wholly-owned subsidiary of Diageo Plc, said acquisition of 2.38 per cent from USL Benefit Trust is yet to be completed.

Bangalore, September 24, 2013
Asked about the investor's profile, the airline's chairman Vijay Mallya said he is unable to reveal anything at this moment as it is something that would breach the confidentiality of agreement.

R Pallavi
July 25, 2013
Drink your way to a good fortune. A guide to the science, commerce and emotions that run in whisky investing.

Dearton Thomas Hector
June 22, 2013
At least two entrepreneurs hope so. Pradeep Gidwani and Rahul Singh, owners of two respective beer cafe chains, want to make the drink as easily available and as widely consumed as coffee in India.

New Delhi, May 27, 2013
Vijay Mallya led-United Spirits on Monday said its board has approved allottment of around 1.45 crore shares on a preferential basis to Relay BV, a subsidiary of Diageo Plc, for a total consideration of nearly Rs 2,092 crore as part of the stake sale deal announced last year.

Rahul Oberoi/Money Today
May 28, 2013
Be a little patient though, as experts say the sector is set to do well overall due to soaring demand for beer and Indian made foreign liquor.

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