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    1. December 16, 2014

      India’s SpiceJet struggles to stay aloft

      Two years ago, Indians watched with dismay as Kingfisher Airlines, the popular carrier founded by spirits tycoon Vijay...

    2. December 1, 2014

      Diageo ‘disappointed’ at United Spirits vote

      Diageo said it was “surprised and disappointed” that minority shareholders in its United Spirits subsidiary had rejected a...

    Special Reports

    1. India and Globalisation 2012

      Growth has slowed at home but cash-rich, family-owned groups are still in the mood to ...
    2. Special Report: The Business of Formula One 2012

      Divers’ championship: Vettel claims third straight world title Picture slideshow: Ima...
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    1. October 31, 2014

      Indian creditor banks move in on Vijay Mallya’s Goa mansion

      Indian banks owed money by Vijay Mallya’s failed Kingfisher Airlines are preparing to seize the liquor baron’s prized Goa...

    2. September 4, 2014

      Diageo’s emerging market woes deepen

      Diageo’s emerging markets headache worsened after United Spirits, the Indian drinks company it controls posted a Rs44bn...

    3. September 2, 2014

      Vijay Mallya feels full force of frustration within India’s banks

      In January 2012 – when India’s ailing Kingfisher Airlines urgently needed cash for jet fuel to keep its aircraft flying –...

    4. September 2, 2014

      Indian banks: wilful neglect

      India became an east Asian country this week – at least, within Deutsche Bank’s research department. The bank says Prime...

    5. September 1, 2014

      Vijay Mallya declared ‘wilful defaulter’ by United Bank of India

      Vijay Mallya, the Indian liquor baron once known as the King of Good Times, was on Monday declared a “wilful defaulter” by...

    6. FT Alphaville

      September 1, 2014

      King of good times a wilful defaulter, according to sources in the know

      And if you don’t believe United Bank of India about the first bit, just browse through F1-owning drink mogul Vijay Mallya’s...

    7. August 5, 2014

      United Spirits results delayed over loan to former parent

      United Spirits, the Indian liquor group recently acquired by the UK’s Diageo, has been unable to finalise its results for...

    8. April 15, 2014

      Existential angst for Imperial Tobacco

      Imperial Tobacco plans to close a Nantes factory best-known for producing Gauloises, cigarettes that once imbued the most...

    9. April 15, 2014

      Diageo offers $1.9bn for greater stake in United Spirits

      Diageo is making another bid to boost its stake in United Spirits, announcing a $1.9bn open tender offer for up to 26 per...

    10. February 10, 2014

      Indian airline entrepreneurs face bumpy ride

      Since New Delhi decided to allow foreign airlines to own stakes in Indian domestic carriers 17 months ago, Etihad, AirAsia...

    11. December 21, 2013

      Court overrules Diageo’s Indian share purchase

      Diageo’s efforts to develop its presence in India’s large and growing whisky market face a major hurdle with an Indian court...

    12. beyondbrics

      December 11, 2013

      Heineken: top dog at UB - what now for Mallya?

      Once the self-proclaimed “King of Good Times”, flamboyant Indian bmillionaire tycoon Vijay Mallya has seen his airline...

    13. November 8, 2013

      United Breweries loses its fizz

      United Breweries, the maker of India’s Kingfisher Beer, has swung to a second-quarter loss, weighed down by a swath of...

    14. August 12, 2013

      Creditors slap competing claims on Kingfisher Airlines

      Indian banks owed about $1.4bn by Kingfisher Airlines have taped a notice on its headquarters, claiming the building was to...

    15. beyondbrics

      July 12, 2013

      India's 'King of Good Times' faces takeover talk

      Shares in Mangalore Chemicals and Fertilisers (Mangalore Chemicals) hit a record high on Thursday, soaring 10 per cent to...

    16. July 5, 2013

      Beyond a boundary

      The Great Tamasha: Cricket, Corruption and the Turbulent Rise of Modern India, by James Astill, Wisden Sports Writing,...

    17. beyondbrics

      July 5, 2013

      Diageo: will 25.02 per cent of United Spirits be enough?

      Full enough? After an eight-month, three-step investment process, Diageo, the world’s largest distiller, has declared itself...

    18. June 4, 2013

      Inside Business: Dishonour is staining India’s cricket business

      The scandal engulfing the Indian Premier League took a further turn this week, as the most senior figure at the world’s...

    19. May 27, 2013

      Diageo closer to control of India’s United Spirits

      Diageo, the world’s biggest distiller by sales, has moved a step closer to securing control of Indian peer United Spirits...

    20. beyondbrics

      May 16, 2013

      Yet another scandal hits India's IPL

      Bad news can be especially wearing when it comes as no surprise – when it is met with tired acceptance. So while some...

    21. beyondbrics

      May 15, 2013

      India: UB shares rally (mysteriously) on Heineken holding reshuffle

      There’s nowt as queer as folk – or in this case Mumbai investors. Shares in United Breweries rallied a full 6.3 per cent on...

    22. April 14, 2013

      Indian Premier League faces brand battle

      The sight of Australian cricketer Ricky Ponting flying through the air to take a dramatic one-handed catch brought a stadium...

    23. April 10, 2013

      Diageo / United Spirits: small tipple

      You know the scenario. You check into an exotic overseas destination only to find that, while it is pretty nice, it is not...

    24. April 5, 2013

      Diageo rejects raising United Spirits bid

      Diageo is unlikely to increase its holding in Indian group United Spirits after it opted not to raise the price for its...

    25. March 31, 2013

      Fight looms over United Spirits cash

      A legal dogfight looms over part of the £1.3bn cash Diageo is paying for United Spirits, the Indian drinks group owned by...

    26. March 14, 2013

      Force India: Financial woes fail to dent Vijay Mallya’s F1 racing ambitions

      Not so long ago, Vijay Mallya spent $1.8m on the eyeglasses and pocketwatch once owned by Mahatma Gandhi, along with the...

    27. February 10, 2013

      Grounded Kingfisher hopes for reprieve

      India’s Kingfisher Airlines are grounded and its leased planes are being seized by angry creditors, but there is little sign...

    28. beyondbrics

      February 5, 2013

      Kingfisher Airlines: caveat emptor

      embed1 What kind of financial results would you expect from a grounded airline with piles of debt and a fuming workforce?...

    29. January 20, 2013

      Skirmish over grounded Kingfisher jets

      Companies that leased aircraft to Kingfisher, the grounded airline founded by drinks baron Vijay Mallya, are facing a tough...

    30. beyondbrics

      January 11, 2013

      Indian aviation: choose your partners

      “Malaysian beauty in search of an Indian partner to start a family with.” “Impoverished Indian gentleman with a battered...

    31. beyondbrics

      December 13, 2012

      Kingfisher / Etihad: a brave investment

      If Vijay Mallya pulls this off it will be a moment of magic and/or poor judgement. Etihad Airways, the Gulf carrier, is on...

    32. December 11, 2012

      Etihad eyes stakes in two Indian airlines

      Abu Dhabi’s Etihad Airways has identified two Indian airlines as potential targets for investment, its chief executive said,...

    33. November 15, 2012

      Drivers need to oil the wheels of F1

      Are Formula One drivers born or made? This is a question that is increasingly vexing teams as they look for the next Lewis...

    34. November 9, 2012

      Beer and liquor baron gives up control

      Known as India’s “King of the Good Times,” Vijay Mallya, the beer and liquor baron, is one of his country’s most colourful...

    35. November 9, 2012

      Diageo – passage to India

      A marriage of convenience or the start of a long-term relationship? Diageo shareholders will be hoping for the latter as...

    36. beyondbrics

      November 9, 2012

      New York headlines

      * Lonmin rejects takeover bid by Xstrata * Inflation fall gives China room to expand * Diageo’s lifeline: will it save...

    37. beyondbrics

      November 9, 2012

      Diageo's lifeline: will it save Kingfisher?

      It looks like Vijay Mallya may finally have been thrown a lifeline for his embattled Kingfisher Airlines. But will it be...

    38. November 9, 2012

      Diageo clinches deal for United Spirits

      Diageo has reached a deal to take over India’s biggest drinks company, United Spirits, for up to £1.2bn, capping more than...

    Search for Vijay Mallya and

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