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Mallya may be facing heat over loan defaults, but still gets Rs 1.7 cr pay package from US firm

Apr 18, 2016

Mallya may be facing heat over loan defaults, but still gets Rs 1.7 cr pay package from US firm

More than half of Mallya’s total package for 2015 has been paid by California-based Mendocino Brewing Company Inc to him for “promoting” the company’s beer brands #Kingfisher Airlines #Vijay Mallya #Diageo #UB Group #United Spirits #Loan defaults #United Breweries (Holdings) #California-based Mendocino Brewing Company #Kingfisher Premium Lager
SBI-led consortium seek DRT's direction over Rs 594 cr claim made by Vijay Mallya's UBHL

Apr 14, 2016

SBI-led consortium seek DRT's direction over Rs 594 cr claim made by Vijay Mallya's UBHL

The UBHL, in its objections filed in the Debt Recovery Tribunal here on April 5, had contended that the lenders had sold 26 lakh equity shares of United Spirits Limited (USL) pledged to them before maturity #Kingfisher Airlines #SBI #Vijay Mallya #United Spirits #UBHL
Will retire from Chairmanship of Sanofi India: Mallya

Mar 23, 2016

Will retire from Chairmanship of Sanofi India: Mallya

Beleaguered liquor baron Vijay Mallya today announced he will retire as Chairman of Sanofi India and will not seek reelection as a director of the drug make #Vijay Mallya #Diageo #United Spirits #Sanofi India #directorship
United Breweries' Rs 130 crore worth of pledged shares invoked by ECL Finance

Mar 22, 2016

United Breweries' Rs 130 crore worth of pledged shares invoked by ECL Finance

ECL Finance had invoked 7.05 lakh shares pledged by Kamsco Industries Pvt Ltd, accounting for 0.27 percent stake, on March 17, #Kingfisher Airlines #BSE #Vijay Mallya #United Spirits #United Breweries #McDowell Holdings #ECL Finance #Kamsco Industries
Jaitley on Mallya: He brought 'terrible name' to India Inc, how long can you lead a life like this?

Mar 22, 2016

Jaitley on Mallya: He brought 'terrible name' to India Inc, how long can you lead a life like this?

Hinting that Mallya's case was not a simple case of bad business environment, the finance minister said it might not have been just a clean business failure #NewsTracker #Arun Jaitley #Vijay Mallya #Diageo #United Spirits #wilful default #Bank NPAs
Sebi widens probe into Vijay Mallya firms, sees insider trading evidence in Diageo deal

Mar 21, 2016

Sebi widens probe into Vijay Mallya firms, sees insider trading evidence in Diageo deal

Sebi has widened its probe into dealings of Vijay Mallya-led UB Group, including in its own shares and with UK-based Diageo and other foreign players #NewsTracker #SEBI #Insider trading #Vijay Mallya #Diageo #Serious Fraud Investigation Office #United Spirits #sweetheart deal
Looking for the king! Mallya believed to be in country home Ladywalk outside London

Mar 10, 2016

Looking for the king! Mallya believed to be in country home Ladywalk outside London

Mallya had indicated last month that he wanted to move to the UK to be closer to his children and later denied he had plans to abscond. #NewsTracker #Supreme Court #Kingfisher Airlines #Vijay Mallya #Diageo #United Spirits #Ladywalk #Queen Hoo Lane
Mallya senior was everything his son is not: How a rash Vijay Mallya jettisoned his father's principles

Mar 10, 2016

Mallya senior was everything his son is not: How a rash Vijay Mallya jettisoned his father's principles

Had the Indian government allowed airlines to fly overseas without restrictions (the 5/20 rule for example), perhaps the downfall of Kingfisher Airlines may not have been so steep #Kingfisher Airlines #Vijay Mallya #Air Deccan #United Spirits #United Breweries #Captain Gopinath #Vittal Mallya