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Deepak Fertilisers, Zuari get Sebi nod for MCFL stake acquisition
Mon, Jul 21 2014. 07 32 PM

Deepak Fertilisers, Zuari get Sebi nod for MCFL stake acquisition

The rival bidders had in May submitted draft offer documents for the acquisition of additional stakes in the UB group firm
Sebi seeks clarification on rival bids for UB group’s MCFL
Tue, Jun 24 2014. 11 45 PM

Sebi seeks clarification on rival bids for UB group’s MCFL

The two bidders are Deepak Fertilisers and Petrochemicals and Zuari Fertilisers and Chemicals
USL postpones results report in blow to Diageo
Tue, Jun 17 2014. 11 08 PM

USL postpones results report in blow to Diageo

The move raises doubts about Diageo’s ability to quickly turn around USL, say analysts, as it delays Q4 reporting twice
Infosys strategic sales head Prasad Thrikutam resigns
Thu, Jun 05 2014. 10 31 PM

Infosys strategic sales head Prasad Thrikutam resigns

Thrikutam’s role will be taken on by president and board member U.B. Pravin Rao in the interim
UB aims to push Heineken volumes
Tue, May 20 2014. 12 50 AM

UB aims to push Heineken volumes

The firm to launch Heineken beer in cans and expand the distribution of the brew to Andhra Pradesh and Punjab in an attempt to maintain its high growth rate
Poddar and Mallya launch counter-bid for Mangalore Chemicals
Wed, May 14 2014. 12 13 AM

Poddar and Mallya launch counter-bid for Mangalore Chemicals

Both launch joint counter-bid to take on Deepak Fertilisers, which on 23 April launched a hostile bid to seize majority ownership in the farm input maker
Vijay Mallya, Saroj Poddar may team up to counter Deepak Fertilisers
Mon, Apr 28 2014. 09 12 AM

Vijay Mallya, Saroj Poddar may team up to counter Deepak Fertilisers

Immediate aim is to raise combined holding in Mangalore Chemicals, facing a hostile takeover bid, from around 38.5% to 51%
Mangalore Chemicals set for takeover battle
Thu, Apr 24 2014. 10 44 PM

Mangalore Chemicals set for takeover battle

Deepak Fertilisers makes unsolicited bid for Mangalore Chemicals, while Zuari Fertilisers is expected to make a counterbid
Deepak Fertilisers buys 1 million MCFL shares
Thu, Apr 24 2014. 06 14 PM

Deepak Fertilisers buys 1 million MCFL shares

The company raised its stake in the UB Group firm to 25.3%
Diageo seeks to tighten governance norms at USL
Thu, Mar 06 2014. 10 12 AM

Diageo seeks to tighten governance norms at USL

The company hires a consulting firm to vet USL’s contracts with other UB Group firms to ensure these agreements are ‘arm’s length transactions’

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