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Did former PMO, finance minister bailout Vijay Mallya?

 The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya’s ailing Kingfisher Airlines against the run of play, e-mails and......

Diageo asks Mallya to quit USL board; alleges fund diversion

 Alleging fund diversion to Kingfisher and other UB group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as Chairman and Director of the Indian liquor firm, a demand......

Sebi bans Vijay Mallya from securities market for 3 years

 Sebi on Friday barred fugitive businessman Vijay Mallya from the securities markets and restrained him from associating with any listed firm for three years in the matter of routing of funds to the......

Mallya says only shareholders can 'oust' him from USL

 Asked to quit United Spririts' board, Vijay Mallya struck a defiant note saying he 'intends' to continue as its Chairman and refuted the charges made by the company's board with regard to its......

Diageo reduces board rights of Mallya in United Spirits

 UB Holdings and its chairman, Vijay Mallya, the former majority equity holders in United Spirits (USL), have been denied the right to nominate an additional independent director on the board of the......

Tough legal battle lies ahead for USL, Mallya

 USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies. With Diageo accusing former UB group chairman Vijay Mallya of fund diversion from......

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