Mallya's UBHL says no default on interest payment to USL

Vijay Mallya-led United Breweries (Holdings) Ltd on Friday said it has not defaulted on payment of interest to its erstwhile group firm United Spirits Ltd (USL), a day after USL said it is initiating process to recover dues totalling Rs 1,337 crore.

BSE, NSE to shift Kingfisher, UB Holdings to restricted group

Leading bourses BSE and NSE Monday decided to shift securities of several firms, including Vijay Mallya-led Kingfisher Airlines and United Breweries (Holdings), to the restricted trading category from July 19.

UB Group (Holdings) hikes loan limit for Kingfisher

To accommodate further lending to debt-laden Kingfisher Airlines, its group holding firm United Breweries (Holdings) Monday said it is hiking its loan limit for the ailing carrier from Rs 300 crore to Rs 750 crore.

UB Group shares rally; United Breweries Holdings up 20%

Shares of Vijay Mallya-led UB Group companies on Wednesday shot up to 20 percent amid reports that the group is looking to sell stake in United Spirits and spirits major Diageo is in the running to pick up the stake.