In a communication to BSE, Kingfisher Finvest India said it had pledged certain shares in USL to HDFC to secure loan given to United Brewer...

The doctrine of Lifting of Corporate Veil means disregarding the corporate personality and looking behind the persons controlling the compa...

The fresh offer was being made "in the interest of overall settlement" though the validity of the corporate guarantee of UB Group and his p...

Lenders to the long-defunct Kingfisher Airlines are likely to press for a better offer on payment of dues from its promoter Vijay Mallya.

"In terms of the provisions of Section 167(b) of the Companies Act, 2013, Mr Sidhartha V Mallya, a Non-Executive, Non-Independent Director ...

Shares of United Breweries (Holdings) zoomed 12.20 per cent to settle at Rs 20.70 on BSE. During the day, it jumped 15.71 per cent to Rs 21...

Mallya and Kingfisher Airlines owe Rs 7,800 crore to the consortium led by SBI, which had an exposure of over Rs 1,600 crore to the airline.

In a filing to the BSE, the company said a special resolution was approved by the shareholders "with requisite majority" at an extraordinar...

Shareholders at the November 28 EGM rejected approval to a loan agreement dated July 3, 2013 between United Spirits Ltd (USL) and United Br...

Liquor firm United Spirits Ltd today said that four lakh shares pledged by one of its promoters Kingfisher Finvest India has been invoked b...

Grounded carrier Kingfisher Airlines today said promoters United Breweries Holdings and Kingfisher Finvest India have released about 5.64 c...

UB group firm Mangalore Chemicals and Fertilisers Ltd (MCFL) today reported a standalone net loss of Rs 12.04 crore for the quarter ended J...

The UB Group has raised its stake in MCFL, a firm being eyed by rivals Deepak Fertilisers & Petrochemicals Corp and Zuari Fertilisers.

"The consortium bankers pursuant to the RBI's guidelines directed the company (Kingfisher) not to make payment of commission."

Private sector lender ICICI Bank has filed three caveats at the Company Law Board, Mumbai anticipating litigation from Kingfisher Airlines.

Kingfisher Airlines, India’s second-largest private carrier, has received preliminary approval from lenders for a debt recast plan to help ...

Liquor manufacturer United Spirits said its promoters have pledged over 3.28 crore shares or 32.82 per cent stake in the company for an und...