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UBHL submits audited accounts statement of share sale to HC

Last Updated: Wednesday, September 25, 2013, 18:58

Vijay Mallya-headed United Breweries Holdings Limited (UBHL) Wednesday submitted its audited statement of accounts related to a stake sale deal before the Karnataka High Court.

Kingfisher Airlines in talks with an investor: Vijay Mallya

Last Updated: Tuesday, September 24, 2013, 15:10

Kingfisher Airlines has remained grounded for almost a year now under the burden of huge debts totalling over Rs 7,000 crore and accumulated losses of more than Rs 16,000 crore.

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

Last Updated: Monday, July 15, 2013, 21:08

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.

HC allows UBHL to sell around 13 million shares of USL

Last Updated: Friday, May 24, 2013, 16:56

In this connection, UBHL had filed an application seeking permission of the court to sell those shares.

UB Group (Holdings) hikes loan limit for Kingfisher

Last Updated: Monday, February 18, 2013, 19:44

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 stocks gain up to 57% so far this fiscal; outshine Sensex

Last Updated: Wednesday, September 19, 2012, 16:26

Shares of some UB group firms have rallied as much as 57 percent since the beginning of the current fiscal, even as the debt-ridden Kingfisher's stock has mostly languished in the recent months.

UBHL auditors raise concern over Kingfisher exposure, defaults

Last Updated: Wednesday, September 19, 2012, 14:45

Auditors of UB group's holding firm, UBHL, have raised concerns over its significant exposure to debt-ridden Kingfisher Airlines, as also on delays and defaults related to tax dues and repayments to lenders.

UB Group shares rally; United Breweries Holdings up 20%

Last Updated: Wednesday, June 13, 2012, 16:17

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.