United Spirits Ltd

USL to start selling properties previously owned by Vijay Mallya

USL to start selling properties previously owned by Vijay Mallya

United Spirits Ltd (USL) plans to sell 13 properties, earlier owned by its former Chairman and promoter Vijay Mallya, who has failed to buy back within an agreed deadline.

May 30, 2017, 23:53 PM IST
Another setback for Vijay Mallya: United Breweries asks him to step down from board

Another setback for Vijay Mallya: United Breweries asks him to step down from board

The board of United Breweries Wednesday asked Vijay Mallya to step down as its non-executive chairman following a SEBI order which barred the embattled businessman from holding directorship in any listed company.

Feb 08, 2017, 22:22 PM IST
 United Spirits enquiry reveals Vijay Mallya and his firms diverted over Rs 1,225.30 crore

United Spirits enquiry reveals Vijay Mallya and his firms diverted over Rs 1,225.30 crore

In an additional enquiry, United Spirits Ltd (USL), the Diageo Plc-controlled company, said that Vijay Mallya and his firms have diverted funds over Rs 1,225.30 crore between October 2010 and July 2014.

Jul 09, 2016, 18:29 PM IST