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Mallya escalates war on USL <strong>board</strong>, Diageo pores over 'contract'

Mallya escalates war on USL board, Diageo pores over 'contract'

28 Apr 2015

New Delhi/London: Upping the ante to retain Chairmanship at United Spirits, embattled Vijay Mallya said majority owner Diageo has "contractual obligations" to support his position, even as the British liquor giant said the contract was valid only if there were no "defaults".

Vijay Mallya,   USL board,   Diageo ,   liquor giant,   United Spirits,   Chairmanship of United Spirits,   Latest business news,  
USL shares down 2.5 percent as Mallya asked to quit <strong>board</strong>

USL shares down 2.5 percent as Mallya asked to quit board

27 Apr 2015

Mumbai: Shares of United Spirits fell by 2.5 percent on Monday after Vijay Mallya was asked to quit the board over alleged fund diversion to Kingfisher and other UB Group entities -- even as the liquor baron said he intends to continue as its Chairman.

USL,   Vijay Mallya,   Quit board,   BSE,   NSE,   UB Group,   United Spirits,   USL,   Latest Business News,  
New ITR forms: Special team to re-draft format after criticism

New ITR forms: Special team to re-draft format after criticism

27 Apr 2015

New Delhi: The new format of Income Tax Return (ITR) forms that was withdrawn by the government in the wake of complaints over providing details of foreign trips and domestic bank accounts is being revised to make it simpler.

Income Tax return,   ITR forms,   Foreign Trips,   Domestic Bank accounts,   Central Board of Direct Taxes,   CBDT,   Black Money,   Finance Minister,   Arun Jaitley,   Latest Business News ,  
Diageo asks Vijay Mallya to quit USL <strong>board</strong>, alleges fund diversion

Diageo asks Vijay Mallya to quit USL board, alleges fund diversion

25 Apr 2015

New Delhi: Alleging fund diversion to Kingfisher and other UB group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as Chairman and Director of the Indian liquor firm, a demand he outrightly rejected.

Kingfisher,   UB group,   United Spirits,   Diageo,   Vijay Mallya,   Liquor firm,  
Vijay Mallya says only shareholders can 'oust' him from USL

Vijay Mallya says only shareholders can 'oust' him from USL

26 Apr 2015

New Delhi: Asked to quit United Spririts' board, Vijay Mallya struck a defiant note saying he 'intends' to continue as its Chairman and refuted the charges made by the company's board with regard to its prior-period accounts.

United Spririts,   Vijay Mallya,   USL Chairman,   USL board,   Diageo,  
Wipro Q4 profit up 2.1 percent; Rishad Premji elevated to <strong>board</strong>

Wipro Q4 profit up 2.1 percent; Rishad Premji elevated to board

21 Apr 2015

Bangalore: Country's third largest software services firm Wipro on Tuesday reported 2.1 percent rise in fourth quarter net profit to Rs 2,286.5 crore, while it elevated founder Azim Premji's son Rishad to the board.

software services,   Wipro,   Wipro results,   Wipro shares,   Wipro profit,   Azim Premji,   Rishad Premji,  
Wipro staff to get shares worth over Rs 1 crore

Wipro staff to get shares worth over Rs 1 crore

22 Apr 2015

New Delhi: IT major Wipro on Wednesday announcedallotment of 18,819 shares, worth about Rs one crore at the current market price, to eligible employees.The shares are being issued to the employees under the restricted stock unit plans of 2005 and 2007, the company said.

Wipro,   Wipro staff ,   shares,   Wipro Committee of Board of Directors,   Restricted Stock Unit Plan,   latest business news,  
State Bank of <strong>Travancore</strong> cuts base rate to 10.15 percent

State Bank of Travancore cuts base rate to 10.15 percent

09 Mar 2015

New Delhi: State Bank of Travancore (SBT) on Monday became the first bank to cut benchmark lending rate, or base rate, by 0.1 percent to 10.15 percent, almost a week after RBI slashed policy rate by 0.25 percent.

State Bank of Travancore,   SBT,   SBT base rate,   SBT lending rate,   RBI policy rate,  
Check your new I-T assessment range before filing returns

Check your new I-T assessment range before filing returns

22 Apr 2015

New Delhi: With income tax returns filing season commencing soon, taxpayers have been advised to re-check their new assessment ranges as the I-T department has carried out a large-scale restructuring and jurisdictional change of its offices country-wide.

IT assessment,   Income Tax Returns,   IT department,   IT tax return,   CBDT,   Central Board of Direct Taxes,   Permanent Account Numbers,   PAN,   Anita Kapur,   PM Modi,   Taxoayers,   Latest Business News ,  
SBI wants more women directors on its <strong>board</strong>

SBI wants more women directors on its board

03 Apr 2015

Mumbai: Pitching for greater gender diversity on its board, state-run banking giant SBI's Chairperson Arundhati Bhattacharya on Thursday said the bank wants some more women directors and has already suggested a few names to the government.

SBI,   SBI women directors,   companies women directors,   Arundhati Bhattacharya,   SBI directors ,  

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