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US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...- His span was much wider than FedAlan Greenspan, the influential former Fed chair, guided US monetary policy for nearly two decades, overseeing an era of low inflation and ...
- Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...
- Global Market Today: Asian stocks rise, oil falls as US cites Iran progressGlobal stocks surged to record highs as President Trump indicated progress in Iran negotiations, easing geopolitical tensions. This develop...
- US Apache attack helicopters deployed in operation against Iranian boats: CENTCOMUS CENTCOM used Sea Hawk and Apache helicopters on Monday to "eliminate Iranian small boats threatening commercial shipping" in the Strait ...
- HDB Financial shares rally 12%. What Jefferies, Morgan Stanley analysts recommendHDB Financial Services surged over 12% after reporting strong Q4 FY26 results, with profit up 41% and NII rising 22%. Brokerages including ...
- Hormuz blockade has begun, Trump says; claims Iran wants a dealDonald Trump announced a United States-led blockade against Iran is now in effect. He stated Iran is seeking negotiations while tensions re...
- Market Movers: United Spirits puts on a resilient show amid market collapseThe reason behind the stellar show by United Spirits was the management’s commentary. United Spirits management indicated that demand scena...
- Diageo again told to pay more to USL minority investorsIt plans to challenge the regulator's decision before the Securities Appellate Tribunal (SAT), which hears appeals against Sebi’s orders.
- Notice on additional payments:Diageo set to challenge Sebi’s notice on open offerIn 2013, following a 2012 agreement between Diageo and Mallya for buying a majority stake in USL, an open offer was made at Rs 1,440/share ...
- Could lose title to 1 crore shares of USL worth Rs 3K crore: Diageo"Diageo believes it would remain in control of USL and be able to consolidate USL as a subsidiary regardless of the outcome of this litigat...
- United Spirits tanks 8% as traders short sell on buzz that Diageo's open offer to be around 53%An acceptance ratio of 70% means seven out of 10 shares an investor or a trader tenders in the open offer will be accepted.
- USL's independent directors committee terms Diageo offer fairLast month, Diageo Plc, the world's largest liquor maker, made a Rs 11,448.91 crore offer to public shareholders of United Spirits Ltd to a...
- Diageo makes $1.9 bn second open offer, USL surges 15%: Should investors tender sharesThe offer is at Rs 3,030 a share, which would be a 18.4 per cent premium to its last closing price. On Friday, the stock closed at Rs 2,557.
- Diageo may put preferential issue of United Spirits on hold due to surge in stock pricesAs per the announcement by USL and Diageo, promoters of USL will sell 12.8 pc of their holding along with 6.5 pc of treasury shares.
- United Spirits rally puts question mark on Diageo open offerAleading Kolkata-based stock broker, whose name surfaced during the Harshad Mehta scam, is believed to have made a killing on the counter.
- Shivanand Shankar Manekar HUF buys over 1 lakh USL sharesShivanand Shankar Manekar HUF today acquired 1.45 lakh shares of United Spirits from Om Kedar Investments in a deal worth nearly Rs 22 cror...
- Diageo-United Spirits deal independent of Kingfisher Airlines issue: Vijay MallyaThe world's largest spirits maker Diageo announced it will acquire 53.4 pc stake in United Spirits for Rs 11,166.5 cr in a multi-structured...
- Diageo to buy 53.4% stake in Vijay Mallya's United Spirits for Rs 11,166.5 croreFollowing completion of agreements, Mallya will continue in his current role as Chairman of USL, & UBHL and he will work with Diageo to bui...
- Diageo wants more than 15% in USLDiageo, the world’s largest spirit company, is seeking a greater stake in Vijay Mallya-controlled United Spirits (USL) than the initial sub...
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