1. USL May Have to Restate A/C; Investors Slam Diageo Role

    USL May Have to Restate A/C; Investors Slam Diageo Role

    In a major boardroom battle, United Spirits Ltd (USL) has demanded ouster of its chairman Mallya, whose UB Group had sold controlling stake in the company to Diageo but remains a promoter entity with little over 4 per cent stake. Diageo, which holds 54.78...

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