Feb 28, 2014 at 08:29 | Source: Reuters
Software company Tech Mahindra and liquor maker United Spirits , which is partially owned by Diageo PLC, would be included in Nifty from March 28, the National Stock Exchange (NSE) said.
Feb 20, 2014 at 19:08 | Source: CNBC-TV18
Acquisition of two Indian Made Foreign Liquor brands - Volga and Blue Lagoon is very accretive in nature and very complimentary where two plus two becomes four, says Laxmi Narasimhan, Deputy MD, Tilaknagar Industries.
Feb 20, 2014 at 10:52 | Source: Moneycontrol.com
Diageo has selected Tata Consultancy Service as its new global IT provider. The decision by Diageo to partner with TCS is the latest milestone in a programme to transform the way it provides IS services to around 36000 employees, opening in 180 countries around the World.
Feb 10, 2014 at 15:36 | Source: CNBC-TV18
India's Supreme Court on Monday directed that the "status quo" be maintained in the sale of United Spirits Ltd to British group Diageo Plc until April, when the court will hear the matter again.
Feb 10, 2014 at 13:23 | Source: Reuters
In December, a regional Indian court ordered the annulment of the sale in response to a petition by creditors of United Breweries Holdings Ltd , which sold its stake in United Spirits to Diageo through a complicated share transaction.
Feb 06, 2014 at 20:47 | Source: PTI
The Office of Fair Trading (OFT) had decided on November 25, 2013 to have a fresh look at the USD 2 billion deal, after Diageo offered to divest bulk of Whyte & Mackay (W&M) business to address anti-competition concerns posed by this merger.
Feb 03, 2014 at 13:58 | Source: Reuters
Diageo completed its takeover of United Spirits in July, almost eight months after the companies announced the deal because of legal and regulatory difficulties.
Feb 03, 2014 at 10:19 | Source: Moneycontrol.com
United Spirits will be in focus today because Diageo has bought additional 35 lakh shares on January 31, 2014. Here's Nimesh Shah on CNBC-TV18 with more details.
Feb 03, 2014 at 08:44 | Source: Moneycontrol.com
From the last two open market purchases, it appears that Diageo is not prepared to pay more than Rs 2,400-2,500 per share of United Spirits. Should Diageo make an open offer at that price, the prevailing market price has to be much lower for the offer to succeed.
Jan 31, 2014 at 13:00 | Source: Moneycontrol.com
UB Group stocks are in focus today. The supreme court will be hearing UB Group and Diageo's plea on stake sale. British liquor company Diageo has moved the Supreme Court against Karnataka High Court order terming its stake purchase in Vijay Mallya's United Spirits as null and void.