Diageo News

Diageo wins US $135 million claim against Vijay Mallya in UK court

Over and above the USD 135 million, Mallya is liable to pay interest incurred at a commercial rate as well as 200,000 pounds towards legal costs.

Vijay Mallya default case: Debt Recovery Tribunal to pass order today

SBI had filed three other applications, including one seeking Mallya's arrest and impounding of his passport, as the bank approached DRT seeking action against him for defaulting on loans.


Write-downs behind, United Spirits to focus on margin improvement: Analysts

Focus at USL may now shift to margin improvement following balance sheet clean-up under Diageo.

Diageo gets Sebi nod on Rs 11,449-cr open offer for United Spirits

As part of United Spirits deal, Diageo has made open offer for 26% stake.

Unique opportunity for investors to encash stocks: Diageo CEO

A year after Diageo’s open offer to the public shareholders of United Spirits (USL) received poor response and mopped up a mere 58,668 shares, the company rolled out a new tender offer.

Diageo, Khoday lock horns over Black Label mark; IPAB fixes hearing for June

Diageo, which has the Johnnie Walker Black Label brand under its kitty, has moved the IPAB.


United Spirits share price falls after court annuls United Breweries Group's deal with Diageo

Court orders cancellation of sale to Diageo in response to a petition by creditors of United Breweries Group.

Diageo may end up with a smaller stake in Vijay Mallya's United Spirits

Karnataka HC annuls 7% of United Spirits (USL) shares sold by United Breweries (Holdings) to Diageo.

United Spirits' share sale to Diageo void: Karnataka HC

UBHL had given a corporate guarantee to the creditors of Kingfisher Airlines,which has ceased operations.

Diageo's 'Plan W' to empower two million women

The plan has supported 15,000 women in Asia Pacific after it was launched last year.