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United Breweries Ltd

UB gets notice for income tax dues for Kingfisher Airlines

Liquor firm United Breweries Ltd has withheld dividends payable to its beleaguered Chairman Vijay Mallya for the financial year 2015-16 following the directions of Debt Recovery Tribunal. According to a report in PTI: The board of the company in its...

Heineken boosts UBL stake with Diageo share acquisition

Dutch beer giant Heineken NV has boosted its stake in United Breweries Ltd (UBL), with the acquisition of Diageo-controlled United Spirits Ltd's 3.2 per cent share in UBL for USD138 million (Rs 872 crore). With this buyout, Heineken's stake...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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