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  CBI books Karti Chidambaram in fresh corruption case, allegedly linked to suspicious payments

  India | January 09, 2025 22:40 IST

  The case involves allegations of suspicious payments made by Diageo Scotland and Sequoia Capital to Advantage Strategic Consulting Pvt. Ltd., linked to lifting a duty-free liquor ban. The probe centers on consultancy fees amounting to USD 15,000, sparking serious allegations of corruption.

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  Diageo wins USD 135 million claim against Vijay Mallya in UK court

  World | May 24, 2019 23:57 IST

  In another setback to Vijay Mallya, the UK High Court on Friday directed the embattled liquor tycoon to pay British beverage giant Diageo over USD 135 million in relation to a collateral arrangement.  

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  Diageo to hold back Rs 225 cr settlement pay, to recover dues from Vijay Mallya: report

  July 17, 2017 11:25 IST

  Diageo PLC, the world’s largest spirits maker, will hold back the remaining $35 million (approx. Rs 225 crore) of the $75 million (approx. Rs 482 crore) it had agreed to pay Vijay Mallya as part of a settlement

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  DRT directs Diageo not to disburse Rs 268 crore to Vijay Mallya

  May 17, 2016 21:19 IST

  Bengaluru: In another blow to beleaguered businessman Vijay Mallya, the Debt Recovery Tribunal (DRT) today directed Diageo Plc not to disburse USD 40 million (Rs 268 crore) of the USD 75 million (Rs 500 crore)

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  Will start thinking retirement after hitting 60: Vijay Mallya

  November 24, 2015 21:46 IST

  Bengaluru: USL Chairman Vijay Mallya today said he will not retire from the company's board anytime soon, but would start thinking about it when he turns 60."I am not retiring quite yet, but as I

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  Mallya escalates war on USL board; Diageo pores over 'contract'

  April 27, 2015 20:52 IST

  New Delhi/London: Upping the ante to retain Chairmanship at United Spirits, embattled Vijay Mallya today said majority owner Diageo has “contractual obligations” to support his position, even as the British liquor giant said the contract

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  Diageo says support to Mallya subject to "absence of defaults"

  April 27, 2015 13:33 IST

  London/ New Delhi: With United Spirits asking its own chairman Vijay Mallya to quit, the majority owner Diageo today said its "contractual obligations" to support his presence would not apply in the event of "defaults"

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  United Spirits gets minority shareholders nod for Diageo licensing deal

  January 11, 2015 10:46 IST

  New Delhi: United Spirits (USL) has said it has received approval from minority shareholders for exclusive licence and distribution agreements with its parent Diageo, a proposal that had been defeated in a previous vote in

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  Diageo makes Rs 11,448.91 crore offer for 26% stake in USL

  April 15, 2014 21:32 IST

  New Delhi: The world's largest liquor maker Diageo Plc on Tuesday made a Rs 11,448.91 crore offer to public shareholders of United Spirits Ltd to acquire an additional 26 percent stake, its second attempt to

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  Diageo to buy 53.4% stake in United Spirits for Rs 11,166 crore

  November 09, 2012 18:34 IST

  New Delhi, Nov 9: The world's largest spirits maker Diageo Plc announced on Friday it will acquire 53.4 per cent stake in United Spirits for Rs 11,166.5 crore in a multi-structured deal, which may provide