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Vijay Mallya

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Kingfisher debacle to United Spirits row: Charting out the great fall of Vijay Mallya

Apr 27, 2015

Kingfisher debacle to United Spirits row: Charting out the great fall of Vijay Mallya

Over the last few years, Mallya has been battling the banks which have been going after his assets, for all the debt that is unpaid. To conclude, Mallya has always been too busy living his flamboyant lifestyle and that seems to have caught up with his businesses in the end. #Kingfisher Airlines #Vijay Mallya #UB Group #United Spirits
United Spirits appoints new Finance Head, Company Secretary

Apr 27, 2015

United Spirits appoints new Finance Head, Company Secretary

Liquor firm, United Spirits (USL) on Monday appointed Vinod Rao as the Head of Finance and V Ramachandran as the Company Secretary and Compliance Officer of the firm. #Business #India #Vijay Mallya #Diageo #United Breweries #USL #V Ramachandran #Vinod Rao
Vijay Mallya engaged in a losing battle with Diageo; he should just 'bow out gracefully'

Apr 27, 2015

Vijay Mallya engaged in a losing battle with Diageo; he should just 'bow out gracefully'

A battle is brewing in the boardroom of United Spirits Ltd, where majority shareholder Diageo has asked Vijay Mallya to quit over alleged fund diversion. A veteran of many corporate battles, Mallya has, however, struck a defiant note saying only shareholders have the right to oust him. #Corporate governance #Vijay Mallya #Diageo #United Spirits #related-party transactions #Vittal Mallya
Mallya vs Diageo: Boardroom battle escalates as USL plans to take PWC report to Sebi

Apr 27, 2015

Mallya vs Diageo: Boardroom battle escalates as USL plans to take PWC report to Sebi

With liquor giant United Spirits asking its own Chairman Vijay Mallya to quit, markets watchdog Sebi and other regulatory agencies have begun looking into suspected irregularities at the company, including about the alleged fund diversion and disclosure-related lapses. #SEBI #PwC #Vijay Mallya #Diageo #UB Group

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Kingfisher crisis: Inflated egos lead to business disasters

Oct 23, 2012

Kingfisher crisis: Inflated egos lead to business disasters

Avoid investments in companies where managements let ego affect performance and this includes government-owned companies as well. #air india #ConnectTheDots #Kingfisher Airlines #Vijay Mallya #Kingfisher Crisis
SBI chief has faith in Mallya, but how will he get the money?

Jul 09, 2012

SBI chief has faith in Mallya, but how will he get the money?

SBI chairman Pratip Chaudhuri says the loss-making airline should keep running, but Mallya has to bring in fresh equity into Kingfisher. The question is, where is the money? #Vijay Mallya #Endgame #Kingfihser's Crisis