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USL
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Diageo Plans to Challenge USL Chairman Vijay Mallya's Joint Venture Claim
Feb 5, 2016UK-based drinks company Diageo has reportedly said that it would challenge the claim by its Indian subsidiary United Spirits Ltd (USL) chairman Vijay Mallya, who alleged that Diageo failed to enter into a joint venture with him in the ...
Tags: emerging markets, Diageo, drinks
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UB Group Seeks Buyer for United Spirits Stake Worth $331m
Nov 11, 2015India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...
Tags: UB Group, United Spirits
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Diageo's Indian Unit United Spirits to Scale Down 150 Brands to Streamline Business
Nov 2, 2015Diageo’s Indian unit United Spirits is planning to cut down around 150 of its brands to focus on better performing brands and strengthen its business in a market that is seemingly dominated by local, cheaper brands. The British ...
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Pernod Ricard Intends to Borrow up to $240.4m in The Indian Spirits Market
Mar 24, 2015Pernod Ricard intends to borrow up to $240.4m in a bid to break the dominance of Diageo-controlled United Spirits's share in the Indian spirits market. United Spirits holds one third of the share in the Indian market. Without ...
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Diageo Is Set to Sign an Agreement with India-Based Named United Spirits
Sep 17, 2013UK-based spirits maker Diageo is set to sign an agreement with India-based United Spirits, in which its owns 25.02% stake. Under the terms of the agreement, United Spirits will sell Diageo brands in India, effective October 2013. ...
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Microsoft Disclosed Its Lync-Skype Plans Last Year
May 29, 2013Microsoft has completed the first phase of the integration between its enterprise unified communications Lync server and its Skype consumer IM and IP telephony network. The company announced on Wednesday that it's now possible for Lync ...
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Diageo Agreed to Buy 27.4% Controlling Stake in Usl in Three-Step Transaction
May 28, 2013Drink giant Diageo has moved closer to gain control over India-based United Spirits Limited (USL) after having purchased 10% of the proposed 53.4% stake in USL for £300m through its wholly-owned subsidiary Relay BV. Following the ...
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Vibrating Screen Is a Mining Machinery Device
Oct 23, 2012Vibrating Screen is a mining machinery device with a double-degree-freedom directional powered vibration characteristic that is broadly used in the industry of cement. It has many advantages, like simple stable work, structure, low ...
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HSL Is Holding an Auction to Clear Some High Quality Ex-Rental Stock
May 25, 2012UK-Blackburn-based lighting and visuals rental specialist HSL is holding an auction to clear some high quality ex-rental stock. HSL's move to new premises and the need to make more space for the latest technologies to go into current hire ...
