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Kingfisher staffs accepts assurances from Mallya_ Sources-NewsX

NewsX has learned that Kingfisher management and staff deadlock has ended with the employees accepting Vijay Mallya's assurances. They have agreed to the pay...

Must have fair distribution of revenues to solve F1 crisis: Vijay Mallya

Nov 07, 2014    

New Delhi: The deepening of the Formula 1 financial crisis has prompted Force India boss Vijay Mallya to say that the sport's owners must fix the revenue sharing model among teams for the survival of smaller outfits like his.All eyes are on the future of midfield teams like Force India after the two smallest teams -- Caterham and Marussia -- failed to make the grid at the United States Grand Prix last week owing to ownership and financial issues.It is unlikely they will take part in the last two races of the season, leaving all stakeholders to ponder over the road ahead for F1, which has not b...

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