Star India ropes in Nokia, Idea as joint sponsors for Asia Cup

Broadcaster Star India is looking to cash in on the upcoming Asia Cup cricket tournament to be held in Bangladesh, which will feature prime fixtures such as India-Pakistan clash.

United Spirits Q2 profit at Rs 69.6 cr

United Spirits Ltd (USL) on Tuesday posted
a net profit of Rs 69.60 crore for the second quarter ended
September 30, while the same was at Rs 93.89 crore during the
year-ago period.

USL raises Rs 1,615 cr via QIP; to repay debt

The country`s largest liquor maker,
United Spirits, on Wednesday said it has raised Rs 1,615.60 crore by
private placement of shares with qualified institutional
buyers and net proceeds would be primarily used to repay debt.

United Spirits to raise USD 300 mn to repay debt

The country largest liquor manufacturer, United Spirits Limited (USL) on Saturday said it will raise USD 300 million through various channels to repay part of its debt.