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United Bank to 'name and shame' wilful defaulters: Narang

Last Updated: Friday, July 18, 2014, 14:02

State-owned United Bank of India will soon embark upon process to 'name and shame' its wilful defaulters as part of its effort to recover dues.

Kingfisher Airlines is the nation's biggest defaulter: Report

Last Updated: Thursday, July 17, 2014, 14:02

Kingfisher Airlines has emerged as the country's biggest defaulter as per a report published Thursday by a leading English daily.

KFA dues: Service Tax Dept seeks its share from banks' pie

Last Updated: Tuesday, July 15, 2014, 20:06

Unable to recover over Rs 50 crore dues from Kingfisher Airlines, the services tax department has moved courts to get a share from sale of securities being undertaken by lenders.

UBI asks Mallya, Kingfisher directors to appear on July 9

Last Updated: Sunday, June 29, 2014, 11:11

UBI was the first among other banks in the country to take such a stern step against the grounded airline.

Sebi seeks clarification on rival bids for Mallya group's MCFL

Last Updated: Tuesday, June 24, 2014, 13:49

UB Group currently holds nearly 22 percent stake in MCFL, but over half of their shareholding is pledged.

United Breweries Q4 Net surges over 11-fold to Rs 68 crore

Last Updated: Wednesday, May 28, 2014, 15:45

The company's net sales rose to Rs 973.9 crore for the fourth quarter as compared to Rs 931.92 crore in the same period of previous fiscal, United Breweries Ltd said in a filing to the BSE

SEBI clears Diageo's open offer worth Rs 11,448.91 cr for USL

Last Updated: Monday, May 26, 2014, 18:59

Global liquor giant Diageo Plc has received market regulator SEBI's clearance for an open offer to acquire additional 26 percent stake in United Spirits Ltd for Rs 11,448.91 crore.

SBI exploring ways to declare Mallya wilful defaulter

Last Updated: Friday, May 23, 2014, 19:26

SBI, which has an exposure of Rs 1,600 crore to grounded airline Kingfisher, on Friday said it is exploring ways to declare Vijay Mallya as a 'wilful defaulter'.

Election 2014: Biz honchos welcome poll results

Last Updated: Friday, May 16, 2014, 14:11

Indian corporates leaders took to twitter to welcome the new government at the centre.

United Spirits' stock down almost 3% on bourses

Last Updated: Monday, May 12, 2014, 22:56

Shares of United Spirits closed almost three percent down Tuesday after the company said it will sell its UK-arm Whyte & Mackay for 430 million pounds (about Rs 4,360 crore) to Philippines-based Emperador.

United Spirits to sell Whyte & Mackay for 430 million pounds

Last Updated: Friday, May 09, 2014, 21:49

United Spirits will sell UK arm Whyte & Mackay for 430 million pounds (about Rs 4,360 crore) to Philippines-based Emperador in a bid to clear a regulatory hurdle related to Diageo's acquisition of the company formerly controlled by Vijay Mallya.

United Spirits stock up nearly 12% on Diageo open offer

Last Updated: Tuesday, April 15, 2014, 17:23

Shares of United Spirits Ltd Tuesday zoomed nearly 12 percent after liquor major Diageo Plc made a Rs 11,448.91 crore offer to public shareholders of the company to acquire an additional 26 percent stake.