Home » Posts tagged with » United Spirits

Vijay Mallya resigns as United Spirits chairman; to pocket Rs 515 cr from Diageo

Vijay Mallya resigns as United Spirits chairman; to pocket Rs 515 cr from Diageo

NEW DELHI: In a sweetheart deal, flamboyant businessman Vijay Mallya today quit as Chairman of United Spirits after its new majority owner Diageo agreed to pay Rs 515 crore and absolve him of all liabilities over alleged financial lapses at the company founded by his family. Mallya, who along with his group firms is fighting […]