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Saturday, September 1, 2012
Exclusive! Vijay Mallya - Will he, won’t he?
Sept 1, 2012
The times they are a changing?
Are they for Kingfisher? Or just for Mr Mallya?
News is breaking that Diageo will pay over $640million to the UB Group for
United Spirits for a large stake to take over management control. What is
not clear is how much of this will be Mallya’s personal stake. Will he use the
money to give some respite to his fledgling airline and his people, or will it
be used for other pressing personal needs?