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Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Finance

23 June, 2021

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Nine years after bankrupt Kingfisher Airlines Ltd was grounded, the State Bank of India-led lenders consortium has managed to recover ......

Heineken ups stake in Kingfisher maker for $146 mn as UB Group's pledged shares sold

Consumer

27 March, 2019

Heineken ups stake in Kingfisher maker for $146 mn as UB Group's pledged shares sold

Dutch brewing giant Heineken has increased its shareholding in United Breweries Ltd, the listed Bengaluru-based firm once headed by fugitive ......

UK approves fugitive businessman Vijay Mallya's extradition to India

General

05 February, 2019

UK approves fugitive businessman Vijay Mallya's extradition to India

The British government has signed an order to extradite Indian liquor and aviation tycoon Vijay Mallya, the UK’s Home Office ......

Punjab National Bank declares UB group holding firm as wilful defaulter

General

16 February, 2016

Punjab National Bank declares UB group holding firm as wilful defaulter

Punjab National Bank has also identified the UB Group holding company United Breweries Holdings as 'wilful defaulter', as per a ......

Premium
Diageo to buy large stake in United Spirits at Rs 1,464 per share

Consumer

08 November, 2012

Diageo to buy large stake in United Spirits at Rs 1,464 per share

Diageo, the world’s largest spirits company by revenue, is set to sign a term sheet with UB Group to buy ......