Alcoholic beverages
Brazilian billionaire mulling bid for Diageo: report
06 Jun 2015
London-based Diageo owns some of the world’s leading beverage brands, including Johnnie Walker whisky, Smirnoff vodka, Tanqueray gin, Don Julio tequila and Guinness beer
More trouble for Mallya as MCA, I-T dept probe USL fund diversion
28 May 2015
The government’s move comes after the majority shareholder Diageo put pressure on Vijay Mallya to quit as the chairman of United Spirits following a probe that found huge diversion of funds to UB group firms
Sebi to look into Daigeo-Mallya spat over USL `non-disclosure'
27 Apr 2015
USL on Saturday said "various improprieties and legal violations" were found in its inquiry into loans worth Rs1,337 crore given by the company to UB Group firms
Diageo wants Mallya out of USL board over alleged `improprieties’
25 Apr 2015
Mallya refused to quit the USL board saying that the PwC report related to transactions entered into by USL between 2010 and 2012, which have been duly reflected in the audited accounts of USL and duly approved by the then directors of USL and its shareholders