Tepid response to Diageo’s open offer for United Spirits 
02:38 May 15 2013 from The Hindu
plc’s Rs.5,441-crore open offer for acquiring 26 per cent stake in Vijay Mallya-led United Spirits has come a cropper with the offer eliciting a tepid response from public investors. The offer was part of the nearly $2 billion deal that would see Diageo snapping
Diageo may trail Vijay Mallya in United Spirits shares for now 01:29 May 15 2013 from Economic Times
Drinks giant Diageo could end up with a 16% stake in United Spirits (USL) that leaves Vijay Mallya with a larger block for the time being , but without boardroom control, said people familiar with the matter. Diageo might face this piquant situation as the
AAI files lawsuits against KFA to recover airport usage fees 08:31 May 14 2013 from Sify
Airports Authority of India (AAI) has filed two lawsuits against the Vijay Mallya-promoted Kingfisher Airlines Ltd to recover Rs 300 crore in unpaid airport usage fees. "We have filed a criminal lawsuit against Kingfisher, as cheques of Rs 117 crore given
Excise issues tax notices to two Mallya empire companies 11:35 May 14 2013 from Beverage Daily
of flamboyant Indian drinks tycoon Vijay Mallya’s businesses have been issued show-cause-cum-demand notices by the Directorate General of Central Excise Intelligence for allegedly evading service tax of Rs91 crore (US$16.7m) The notices apply to United Breweries
Royal Challengers captain Virat Kohli booed at Delhi airport 11:40 May 07 2013 from IBNLive
New Delhi: Kingfisher Airlines employees, who haven't received their salaries for months, adopted a unique form of protest. They booed Royal Challengers Bangalore's Virat Kohli at the Delhi airport on Tuesday. Virat is the captain of the team owned
Kingfisher Air hits record low on bleak revival chances 12:33 Apr 16 2013 from Moneycontrol
Moneycontrol Bureau Kingfisher Airlines shares fell around 5 percent to a record low of Rs.6.9 on fears that the aviation regulator may not allow the carrier to restart operations. The airline had submitted a revival plan to the Directorate
KFA staff protest at IGI airport, write to Labour Minister 08:20 Apr 02 2013 from IBNLive
New Delhi: A group of Kingfisher Airlines workers gathered at the Indira Gandhi International Airport on Tuesday to protest against the non-payment of salaries. The employees have not received their salaries for the past ten months. Last week,
Bombay High Court allows SBI to sell USL shares 07:51 Apr 02 2013 from Moneycontrol
Moneycontrol Bureau The Bombay High Court on Tuesday rejected UB Holdings's plea to restrain State Bank of India (SBI) from selling shares of its group company United Spirits (USL). Those shares were pledged with the lender, which had lent around Rs
http://www.in.com/news/business/bombay-high-court-allows-sbi-to-sell-usl-shares-50202769-in-1.html
Mallya to give Kingfisher Airline's revival plan next week 09:32 Mar 22 2013 from Moneycontrol
Kingfisher Airlines' chairman Vijay Mallya has committed to pay pending salaries to employees soon. In a meeting held last night, he told engineers and pilots that he has already informed the finance ministry about it, say exclusive sources. Mallya
Kingfisher Airlines yet to submit revival plan: Ajit Singh 04:47 Mar 21 2013 from Moneycontrol
Moneycontrol Bureau Kingfisher Airlines has not yet submitted revival plan to resume operations, Civil Aviation Minister Ajit Singh told reporters today. The airline has been asked by the Directorate General of Civil Aviation to submit a
