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  1. 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...

  2. 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 –...

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. 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...

  2. 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...

  3. 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...

  4. 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...

  5. 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...

  6. 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...

  7. 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...

  8. 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...

  9. 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...

  10. 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...

  11. 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...

  12. July 5, 2013

    Beyond a boundary

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

  13. 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...

  14. 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...

  15. 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...

  16. 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...

  17. 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...

  18. 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...

  19. 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...

  20. 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...

  21. 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...

  22. 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...

  23. 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...

  24. 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?...

  25. 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...

  26. 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...

  27. 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...

  28. 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,...

  29. 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...

  30. 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...

  31. 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...

  32. 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...

  33. 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...

  34. 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...

  35. beyondbrics

    October 27, 2012

    Weekender, October 27

    Catch up with the week on beyondbrics, with the ten most popular stories from the blog, a few things we’ve learnt, and a...

  36. beyondbrics

    October 26, 2012

    Mallya leaves the billionaire club

    At struggling Kingfisher Airlines, staff haven’t been paid for seven months. Now it seems the airline’s woes are finally...

  37. beyondbrics

    October 25, 2012

    Kingfisher Airlines - airborne again!

    When it comes to Vijay Mallya, India’s billionaire liquor baron, it really ain’t over til it’s over. That was the message on...

  38. beyondbrics

    October 24, 2012

    Kingfisher: pin-ups before payments

    In 2007, the NDTV Good Times channel was launched as a joint venture between Delhi broadcaster NDTV and United Breweries,...

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