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Friday 20 January 2017 loc: US

United Spirits

India to prove troublesome in 2017 for drinks MNCs

A combination of increased taxation and alcohol sales restrictions – and the withdrawal of high-value notes – could make India a major headache for Diageo and Pernod Ricard in the year ahead, writes Ron Emler.

Wednesday, January 4th, 2017 No Comments »

United Spirits to launch India’s first flavoured whiskey

United Spirits is preparing to launch India’s first flavoured whiskey, its first new product release since Diageo acquired it in 2014.

Tuesday, September 27th, 2016 No Comments »

Mallya: USL submits evidence of £151m ‘improper fund diversions’

Diageo-controlled United Spirits has submitted evidence of £151m worth of improper fund diversions to companies controlled by Vijay Mallya when he was chairman of the company to financial authorities.

Monday, July 11th, 2016 No Comments »

Mallya summoned to money laundering court

Former United Spirits owner Vijay Mallya has been ordered to appear in person before a Mumbai anti-money laundering court on 29 July.

Thursday, June 30th, 2016 1 Comment »

India’s financial authorities turn up heat on former United Spirits chairman

India’s legal and financial authorities are turning the screw ever tighter on VJ Mallya, the former chairman of United Spirits.

Monday, June 20th, 2016 No Comments »

Mallya may sell more USL shares

Could Diageo soon increase its stake in United Spirits, India’s largest spirits company in which it owns 55%?

Friday, April 22nd, 2016 No Comments »

United Spirits seeks to declare itself ‘sick’

United Spirits, India’s market leader in spirits in which Diageo holds a controlling 55% stake, wants its shareholders to declare the company “sick”.

Monday, January 4th, 2016 No Comments »

D-day set for Vijay Mallya

Shareholders in Diageo-controlled United Spirits Limited (USL) have set a date on which they will decide the fate of company chairman Vijay Mallya.

Monday, November 2nd, 2015 No Comments »

USL shareholders vote ‘yes’ to Diageo

United Sprits’ shareholders have voted in favour of an agreement that will see the company manufacture some of Diageo’s key international brands in the Indian Subcontinent.

Monday, January 12th, 2015 No Comments »

Diageo completes sale of Whyte & Mackay

Emperador has completed its purchase of Diageo’s Whyte & Mackay whisky business for £430 million ($726m).

Monday, November 3rd, 2014 No Comments »

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