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  • Karnataka: United Breweries to brew Heineken beer locally in Mysuru

    Bengaluru-headquartered United Breweries is one of the largest beer manufacturers in India.

  • Vijay Mallya, Lalit Modi attend Sidhartha Mallya and Jasmine's wedding. New pictures out

    Vijay Mallya, Lalit Modi attend Sidhartha Mallya and Jasmine's wedding. New pictures out

    The 68-year-old former Kingfisher Airlines boss is wanted in India on charges of fraud and money laundering amounting to an alleged Rs 900 crore in unpaid bank loans, the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) had earlier stated.

  • United Breweries launches online store, KF.LIFE, for exclusive ‘Kingfisher’ merchandise

    United Breweries launches online store, KF.LIFE, for exclusive ‘Kingfisher’ merchandise

    The store is being launched in collaboration with The Fantam, a Bengaluru-based group of professional brand managers, and will exclusively offer Kingfisher merchandise.

  • Why do airlines fail in India? | Go First: The latest victim of Indian aviation business

    Why do airlines fail in India? | Go First: The latest victim of Indian aviation business

    Despite India being the third-largest and one of the fastest-growing aviation markets in the world, many airlines have failed in the country. These airlines either collapsed or were sold due to financial crunch, debt, and mismanagement. Go First is the latest victim of the unforgiving Indian aviation market. Let’s have a look at a few airlines that flew too close to the sun, metaphorically, and got burnt.

  • Beer market gaining prominence in India; would enhance product line, says United Breweries Ltd

    Beer market gaining prominence in India; would enhance product line, says United Breweries Ltd

    The company, which is controlled by Dutch brewing firm Heineken NV, intends to enhance its product line through innovation thus catering to a larger audience.

  • SC sentences Vijay Mallya to 4 month jail in contempt of court case

    SC sentences Vijay Mallya to 4 month jail in contempt of court case

    Mallya had disbursed an amount of $40 million to his family members in violation of court orders.

  • Supreme Court reserves order on sentencing for Vijay Mallya in contempt case

    Supreme Court reserves order on sentencing for Vijay Mallya in contempt case

    No oral submissions were made on behalf of Mallya. The counsel representing Mallya expressed his inability to get instructions from him.

  • “Waited long enough”, Supreme Court to hear Vijay Mallya’s contempt case in January for final disposal

    “Waited long enough”, Supreme Court to hear Vijay Mallya’s contempt case in January for final disposal

    Vijay Mallya’s personal presence is not possible due to the legal proceedings going on in the UK where the fugitive is residing currently.

  • Why does Rakesh Jhunjhunwala want to take to the skies?

    Why does Rakesh Jhunjhunwala want to take to the skies?

    The airlines business is a difficult one but the legendary investor may have good reasons to do it now, motivated by the success of another investor turned businessman

  • What next for banks post the Kingfisher loan recovery?

    What next for banks post the Kingfisher loan recovery?

    In fact, the recovery in the Kingfisher-Vijay Mallya case may be the best deal Indian banks may have got in a long time, with lenders recovering almost the entire principal amount by selling Mallya's shares.

  • SBI, others have the last laugh in Kingfisher-Vijay Mallya saga

    SBI, others have the last laugh in Kingfisher-Vijay Mallya saga

    Why didn't banks go ahead and sell the shares before? That's because there was a court stay that prohibited banks from selling the securities in Mallya's name. Also, there was ED attachment on these assets.

  • Vijay Mallya extradition: Centre tells apex court it is unaware of 'secret' proceedings

    Vijay Mallya extradition: Centre tells apex court it is unaware of 'secret' proceedings

    Advocate Rajat Nair, appearing for the Centre, told the court that the extradition request has been made as per the direction of the court.

  • Looking into Jet Airways’ black box for lessons to all stakeholders

    Looking into Jet Airways’ black box for lessons to all stakeholders

    The promoter, the management, the lenders, the strategic partner and the government were all flying blind

  • CBI finds Winsome Group's money trail in Macau

    CBI finds Winsome Group's money trail in Macau

    Macau becomes the known destination for money launderers because of its casinos and easy cash withdrawal rules.

  • Vijay Mallya borrows money from partner, children for living expenses

    Vijay Mallya borrows money from partner, children for living expenses

    According to Mallya’s lawyer John Brisby, the liquor baron is an insolvent.

  • Comment | Bankers at Jet Airways' helm could turn it into a kamikaze airline

    Comment | Bankers at Jet Airways' helm could turn it into a kamikaze airline

    Bankers who have been unable to put their own house in order are now preparing to run an airline, no prices for guessing the outcome

  • In dry state of Gujarat, liquor cos battle over non-alcoholic drinks: Report

    In dry state of Gujarat, liquor cos battle over non-alcoholic drinks: Report

    Along with UB, London Pilsner and Heineken beer also plan to launch a slew of zero-alcohol beer in Gujarat as well as elsewhere

  • Opinion | Air India: Putting it on autopilot may just be the right idea

    Opinion | Air India: Putting it on autopilot may just be the right idea

    A company needs the flexibility to operate and make decisions on its own based on ever-changing market scenarios. Till now, Air India was denied this freedom.

  • CBI to file fresh charge sheet against finance ministry officials in Vijay Mallya case: Report

    CBI to file fresh charge sheet against finance ministry officials in Vijay Mallya case: Report

    The agency is specifically investigating the role of the then Government of India Joint Secretary (banking), Amitabh Verma, as they found several references to in Mallay's emails.

  • Mallya to return to UK court for extradition hearing tomorrow

    Mallya to return to UK court for extradition hearing tomorrow

    The 62-year-old former Kingfisher Airlines boss, who has been on bail on an extradition warrant since his arrest in April last year, is fighting extradition to India on charges of fraud and money laundering amounting to around Rs 9,000 crores.

  • Kingfisher beer losing market share as customers favour Tuborg, Budweiser

    Kingfisher beer losing market share as customers favour Tuborg, Budweiser

    Though Kingfisher is still the largest beer brand in India, it has lost 4.3% market share by volume between 2011 and 2016, according to data from market researcher Euromonitor marking the steepest decline among the top beer brands in India during this time.

  • India's evidence for Mallya's extradition amounts to zero: Defence

    India's evidence for Mallya's extradition amounts to zero: Defence

    The 61-year-old liquor baron, wanted in India on charges of fraud and money laundering allegedly amounting to around Rs 9,000 crores, was in the dock at Westminster Magistrates' Court for his defence, headed by barrister Clare Montgomery.

  • Vijay Mallya's Kingfisher House to be auctioned for the sixth time, reserve price reduced to Rs 82 crore

    Vijay Mallya's Kingfisher House to be auctioned for the sixth time, reserve price reduced to Rs 82 crore

    The first auction of the property was led by State Bank of India and 17 other banks in March last year and was a failure. At the base price of Rs 150 crore, the property had no takers

  • Vijay Mallya may step down as UBL chairman, severing key link with sprawling liquor empire he helped build

    Vijay Mallya may step down as UBL chairman, severing key link with sprawling liquor empire he helped build

    United Breweries (UBL) has convinced him to step down from the company board and propose a successor

  • Govt shouldn't treat liquor entrepreneurs as criminals: The Beer Café CEO

    Govt shouldn't treat liquor entrepreneurs as criminals: The Beer Café CEO

    The company is filing 500 tax returns every year, just to keep the business compliant, claims the CEO. The Beer Cafe has raised over USD 10 million in foreign investment.

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