United Breweries

  • Karnataka High Court summons Vijay Mallya for non-payment of dues 16-09-2013 02:48 PM

    Bangalore: In more trouble for the beleaguered Kingfisher boss Vijay Mallya, the Karnataka High Court has summoned him to the court on Tuesday. He has been summoned in relation to a case of the creditors of the Kingfisher group like BNP Paribas, Rolls Royce, and others. The companies had filed...
  • Outlook for beer sales good this fiscal: Vijay Mallya 12-09-2013 11:00 PM

    Bangalore:A good monsoon augurs well even for sale of beer this fiscal (2013-14) as a buoyant economy would increase demand for hard liquor during the next two quarters, United Breweries Ltd (UB) chairman Vijay Mallya said on Thursday. Though the southwest monsoon, which has been exceptionally good across the country,...
  • Diageo to acquire 53.4 pc in Mallya's United Spirits 09-11-2012 02:30 PM

    New Delhi: Vijay Mallya owned United Breweries on Friday signed a $2 billion deal with Diageo group and sold controlling stake of 53.4 per cent in United Spirits Limited (USL). Announcing the deal, Mallya said, "The cash infusion will help USL de-leverage itself. It is a win-win situation for both...
  • UB Group records Rs 34.2 cr second-quarter profit 09-11-2012 09:40 AM

    Mumbai: United Breweries Ltd on Friday posted a net profit of Rs 34.2 crore for the second quarter ended September 30, as against Rs 19.5 crore in the year-ago period. The revenue of the company, part of Vijay Mallya-led UB Group, also rose to Rs 875 crore in the same...
  • Mallya rues display of wealth; takes jibe at rich politicians 27-10-2012 03:59 PM

    New Delhi: Liquor baron Vijay Mallya on Saturday said he has learnt the hard way that wealth should not be displayed in India, and that it is better to be a multi-billionaire politician in the country. "I have learnt the hard way that in India wealth should not be displayed....
  • Mallya flies in for Indian GP, slams critics 27-10-2012 01:33 PM

    New Delhi: Embattled Force India team boss Vijay Mallya made his Indian Grand Prix entrance in combative mood on Saturday, lashing local media for their coverage of his business troubles and grounded Kingfisher airline. The liquor and aviation tycoon, no longer a billionaire according to the latest Forbes list, flew...
  • Mallya loses billionaire tag; net worth down to $ 800 mn 25-10-2012 02:52 PM

    New York: Liquor baron Vijay Mallya, often referred to as 'King of good times', has lost his billionaire tag as "bad times" in his aviation business have dragged down his net worth to below the $ 1 billion mark. According to Forbes magazine's India rich list released on Thursday, Mallya...
  • Mallya's guarantee of Rs 249 cr for Kingfisher 09-12-2011 07:21 PM

    New Delhi: Kingfisher Airlines promoter Vijay Mallya has given a personal guarantee of Rs 248.97 crore, besides pledging shares as security against loans taken from various banks, Parliament was informed on Friday. United Breweries Holdings, which Mallya heads, has provided a corporate guarantee of Rs 1,601.43 crore, Minister of State...
  • Mallya refuses to withdraw Harbhajan spoof ad 19-07-2011 12:34 PM

    New Delhi: A day after his company was sent a legal notice Indian cricketer by Harbhajan Singh's legal team, United Breweries (UB) Group Chairman Vijay Mallya has made it clear the advertisement wasn't meant to hurt the player. "It was not meant to attack Harbhajan Singh personally. It was just...
  • Harbhajan sues UB over ad featuring Dhoni 18-07-2011 03:09 PM

    New Delhi: Ahead of the India-England cricket series, Indian spinner Harbhajan Singh's legal team has sent a notice to the Vijay Mallya's United Breweries group over a television commercial featuring his team captain Mahendra Singh Dhoni. The notice has been sent by Harbhajan's mother Avtar Kaur who said that such...
  • Indian wine set to enter UK market 16-05-2010 05:32 PM

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  • Brands rule Lord's '83 celebration, Tricolour missing 26-06-2008 10:40 AM

    New Delhi: The uncertainty over the future of Deccan Chargers has thrown into doubt the futures of several leading international and Indian domestic players currently on franchise’s roster. As reported by CNN-IBN on Friday, the BCCI is understood to be considering scrapping Deccan a day after the cash-strapped franchise went...
  • Beer baron Mallya on a takeover high 20-02-2007 10:12 AM

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