United Spirits investors hope Diageo will overcome Vijay Mallya, other hurdles

Investors are betting that under Diageo, United Spirits will boost both its market share and long-depressed margins by increasing sales of pricey brands
05-05-2015
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Mallya can be removed as USL chairman by board: Proxy advisory

Proxy firm says Diageo need not honour agreement if convinced by USL probe
05-05-2015
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Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

United Spirits Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
05-05-2015
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Break pact with Mallya, proxy firm tells Diageo

Proxy advisory firm Stakeholders' Empowerment Services (SES) has advised Diageo to renege on its deal with United Spirits Ltd (USL) Chairman Vijay Mallya, if it is convinced of the findings of a forensic report.
04-05-2015
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United Spirits may have to restate accounts

Investor groups slam Diageo role
04-05-2015
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United Spirits May Have to Restate Accounts: Report

Facing a multi-agency scrutiny, Diageo-owned United Spirits Ltd (USL) may have to restate its financial accounts, even as some investor groups have begun to question the UK-based parent's long silence...
04-05-2015
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Mallya-USL Row: Accounting Regulator Seeks Details from Sebi on Auditors' Role

Concerned over the ongoing boardroom battle and the alleged lapses in the past, the minority shareholders of USL have also approached Sebi.
02-05-2015
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ICAI to probe auditors' role in United Spirits fund diversion

They are to explain on what basis they certified the financial accounts of the company during 2010-2013
01-05-2015
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Diageos long and heavy United Spirits hangover

The maker of Johnnie Walker has been hit by a series of embarrassments in its efforts to clean up the way United Spirits had gone about its business
29-04-2015
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Mallya did not disclose USL loans to UB earlier: Diageo

Diageo spokesperson refutes Mallya's claim that all loan exposures were disclosed to Diageo during due-diligence process
29-04-2015
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