Diageo may not be able to recover $135 mn loan from Mallya firm

Global spirits giant Diageo has said it may not be able to fully recover a loan of $135 million given to Vijay Mallya-affiliated Watson Ltd by Standard Chartered Bank where it had acted as a......

Mallya finds a needed backer in Diageo

When Vijay Mallya recently completed 30 years as Chairman of UB Group, he got a pleasant surprise from Diageo, the global liquor firm which is now a majority holder in his United Spirits. It was a......

Mallya finds a needed backer in Diageo

When Vijay Mallya recently completed 30 years as Chairman of UB Group, he got a pleasant surprise from Diageo, the global liquor firm which is now a majority holder in his United Spirits. It was a......