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United Breweries News
Shares in United Breweries slide following antitrust raids
Fri, Oct 12, 2018
Shares in India`s United Breweries Ltd fell as much as 3 percent on Friday, a day after Reuters reported the brewer and two of its global rivals, had been raided in India as part of an ongoing investigation into price-fixing allegations.
Sebi attaches bank, demat, MF accounts of Mallya's UBHL
Thu, Nov 16, 2017
In 2015, Markets regulator Sebi had levied a fine of Rs 15 lakh on the company for disclosure lapses regarding creation and invocation of certain pledge transactions in shares of United Spirits
ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot
Tue, May 23, 2017
ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot. Watch the full segment for more details.
Liquor shares drop on SC order to ban alcohol shops on highways
Thu, Dec 15, 2016
Shares of liquor companies dropped as Supreme Court moved to ban alcohol shops along national and state highways on Thursday. The court said that the existing liquor licenses will lapse on April 1, 2017.
Vijay Mallya files plea in Karnataka HC for recalling contempt order
Sat, Nov 26, 2016
Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court (HC) for recalling its order summoning him for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.
United Breweries' net profit declines by 48% to Rs 27 crore
Sat, Nov 05, 2016
This Q2, UB Group's volumes were down by nearly 5%, while that of UBL volumes remained flat. Overall in half year, UBL volumes rose by just 3% as against an industry that remained flat, displaying in a marginal gain in market share.
Karnataka High Court asks Vijay Mallya to appear on Nov 24
Fri, Oct 21, 2016
The Karnataka High Court on Thursday summoned beleaguered liquor baron Vijay Mallya to appear before it on November 24 for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.
United Breweries Holdings Q4 net loss narrows to Rs 43 crore
Thu, Sep 01, 2016
United Breweries (Holdings) Ltd today reported narrowing of its standalone net loss at Rs 43.14 crore for the fourth quarter ended March 31, 2016. The company had posted a net loss of Rs 373.73 crore during the same period of the previous fiscal.
Couches to jet: Mallya assets to go under hammer for Rs 700 crore
Sun, Jul 31, 2016
As the lenders and tax authorities cool their heels for Vijay Mallya to return to India, they will put under hammer next month assets worth over Rs 700 crore of the embattled businessman's long-defunct Kingfisher Airlines.
Vijay Mallya resigns from Bayer CropScience board
Tue, Jun 21, 2016
Bayer CropScience informed exchange today, that the Company has received the resignation intimation from Dr. Vijay Mallya wherein he has resigned from the Board of the Company as the Non-Executive Independent Director. The resignation will be in effect from June 30, 2016.
United Breweries down over 2% on Mallya exit talks
Thu, Jun 16, 2016
Shares of United Breweries Ltd fell by over 2 % today amid intense speculation that its Chairman Vijay Mallya may have to step down soon and sell his shares due to tightening of noose by markets regulator Sebi.
Vijay Mallya loses Kingfisher Villa in Goa
Fri, May 13, 2016
Last week, media reports had said Mallya put up a "villa manager" as a caretaker to thwart the banks' attempt to take it over.