Diageo's rumoured stake hike in United Spirits prompts BSE to seek explanation
Reports that UK liquor brand Diageo could increase its stake in United Spirits Ltd triggered a rally in the share price of USL, prompting the Bombay Stock Exchange (BSE) to seek an explanation Clarification sought from United Spirits Ltd
The Exchange has sought clarification from United Spirits Ltd on February 21, 2017 with reference to news flashed on CNBC TV18 dated February 21, 2017. "Diageo may explore other options to increase stake in USL."The reply is awaited. Appointment of Director
United Spirits Ltd has informed BSE that the Board of Directors of the Company have passed a resolution in Circulation effective February 02, 2017 and appointed Mr. Randall David Ingber (Mr. Randall) a nominee of Relay B V., an indirect wholly owned subsidiary of Diageo plc, as a non-executive non-independent director on the Board of the Company with effect from February 02, 2017. Ahead of GST, United Spirits to reduce number of distilleries
Liquor major United Spirits, which has reduced the number of distilleries it owns by 20 per cent, is planning to prune it further ahead of the implementation of the GST.USL's Chief Executive Officer... United Spirits on a high with better-than-expected Q3 earnings
The momentum is expected to continue given the higher advertising spend and improving sales of the premium products, but the impact of ban on highway liquor sales and prohibition in certain states remain major headwinds in the medium term. United Spirits Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from United Spirits Ltd with respect to news appearing in LiveMint on January 25, 2017 titled "Sebi restrains Vijay Mallya from trading in securities markets."United Spirits Ltd response is enclosed. Clarification sought from United Spirits Ltd
The Exchange has sought clarification from United Spirits Ltd with respect to news article appearing on LiveMint on January 25, 2017 titled "Sebi restrains Vijay Mallya from trading in securities markets."The reply is awaited.
United Spirits partners with DriveU to launch Share'
The partnership will involve DriveU launching a new feature within its app called Share' through which people can commute with friends and acquaintances and split the fare
USL for franchise-based fixed fee model in popular liquor brands
USL's net sales from now-franchised brands accounted for Rs480 crore in fiscal 2016 United Spirits extends gain on good Q3 earnings
The stock rallied nearly 6% to Rs 2,194 in intra-day trade, extending its previous week's 9% gain on the BSE