Apr 21, 2016 at 14:08 | Source: CNBC-TV18
The memo was filed with respect to a USD 75 million severance package Diageo-controlled United Spirits had given to troubled tycoon Vijay Mallya, its erstwhile chairman.
Apr 11, 2016 at 09:38 | Source: CNBC-TV18
In an interview of to CNBC-TV18's Latha Venkatesh and Sonia Shenoy, fundamental analyst, SP Tulsian of sptulsian.com shared his reading and outlook on the market and on various stocks.
Mar 31, 2016 at 13:56 | Source: CNBC-TV18
SFIO and CBIs investigation are stuck due to non-cooperation from UB Group companies and lenders, sources tell CNBC-TV18.
Mar 23, 2016 at 19:50 | Source: PTI
Beleaguered liquor baron VijayMallya today announced he will retire as Chairman of SanofiIndia and will not seek reelection as a director of the drugmaker, nearly a month after he signed a sweetheart deal withDiageo to step down as Chairman of United Spirits Ltd.
Mar 20, 2016 at 16:22 | Source: PTI
The capital markets watchdog may also seek information from other regulators in India and abroad, as also from the stock exchanges, as it seeks to de-clog the complex transactions Mallya had entered into, including for sale of stake and transfer of rights in his various group companies.
Mar 18, 2016 at 18:48 | Source: PTI
Financial services firm ECL Finance has invoked 72,250 shares worth around Rs 18.25 crore of Diageo-led United Spirits pledged by United Breweries (Holding) Ltd (UBHL).
Mar 18, 2016 at 13:02 | Source: IBNLive.com
The ED had recently registered a money laundering case against Mallya and others based on a CBI FIR registered last year. The agency is also investigating the overall financial structure of the now defunct Kingfisher Airlines and will look into any payment of kickbacks to secure loan.
Mar 18, 2016 at 11:20 | Source: PTI
"The Board of Directors of the company has appointed S Sridhar as the Managing Director of the company, with effect from March 18, 2016 for a period of five years," Pfizer Ltd said in a BSE filing.
Mar 11, 2016 at 18:22 | Source: PTI
Mallya has come under intense scrutiny in recent weeks after a sweetheart deal he inked with Diageo, the current controlling owner of United Spirits, under which he is getting Rs 515 crore (USD 75 million) to exit from the board of the company founded by his family and taken to the top by him.
Mar 11, 2016 at 15:45 | Source: IBNLive.com
Raising the issue during Zero Hour, Azad said the Central Bureau of Investigation (CBI) had amended the lookout notice against Mallya issued in October 2015 which had sought his detention if he tried to leave India. However in November, this order was changed to merely "inform" the authorities in case he left the country.