Though Mallya will chair the AGM in all probability, it is learnt that Diageo is evaluating its contractual obligation with him.
Posts tagged MC
United Spirits’ AGM: Chmn Mallya’s fate hangs in balance (24-11-2015)
See volatility post Fed hike; India best bet among EMs: Hui (24-11-2015)
Ian Hui, global market strategist at JPMorgan Asset Management says the attitude of global funds towards emerging markets will continue to remain cautious considering China, strong dollar are still worrisome
IDBI Bank raises stake in IVRCL to over 5% (24-11-2015)
Before the acquisition, IDBI Bank had over 4.77 percent stake in the company, as per BSE filing.
Stocks in news: Infosys, Wipro, Wockhardt, Max India, SREI (24-11-2015)
Infosys | Wipro | Nestle India | SREI Infra | Wockhardt | United Spirits | Adani Enterprises | Lanco Infratech | IRB Infrastructure | Gammon India | Max India and Hindustan Foods are stocks, which are in the news today.
JLR sees 2015 profit down on Tianjin blast, investments (24-11-2015)
The company, which said on Tuesday it will invest nearly half a billion pounds in its British engine manufacturing centre, saw up to 5,800 cars damaged or destroyed in a chemical explosion at Tianjin in August.
Bull’s Eye: Buy Axis Bank, Ceat, DLF; sell IFCI, Vedanta (24-11-2015)
CA Rudramurthy BV of Vachana Investments advises selling Vedanta with a target of Rs 88.
Wall St falls after strong week; Pfizer and Allergan drag (24-11-2015)
The Dow Jones industrial average fell 31.13 points, or 0.17 percent, to 17,792.68, the SP 500 lost 2.58 points, or 0.12 percent, to 2,086.59 and the Nasdaq Composite dropped 2.44 points, or 0.05 percent, to 5,102.48.
Asian shares stall, dollar firm near eight-month peak (24-11-2015)
Asian shares dragged their feet on Tuesday after a healthcare mega-merger failed to impress investors while the dollar held firm near an eight-month high as investors grew more convinced of a US rate hike next month.
Nifty may not open on cheery note due to weak global cues (24-11-2015)
Globally, US markets closed mildly lower as investors eyed fluctuations in oil prices and eyed economic reports in the shortened Thanksgiving holiday week.
Alibaba’s Jack Ma seeking stake in SCMP publisher:Bloomberg (23-11-2015)
There has been speculation this month that Ma or his e-commerce juggernaut Alibaba were in talks to take a stake in the newspaper’s parent SCMP Group Ltd The China Daily newspaper reported rumors of the investment on November 9.