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Diageo buys 53.4% of Mallya's liquor Empire 09 November 2012
In an interesting turn of events world's largest spirit manufacturer of liquor, Diageo has bought 53.4% stake in Dr. Vijay Mallya's Unitied Spirits (USL) for USD 2 billion which means he will now lose the controlling stake. However, Dr. Mallya...
Keywords: kingfisher crisis, united spirits, united spirits, kingfisher crisis
Read MoreThe King of bad Times; No recovery plan for Kingfisher 08 November 2012
Once hailed as the most sophisticated airline of the country is now crippled with a second quarter loss of Rs 754 crore due to idle cost, high taxes and restructuring expense. The things are even getting worse when the major...
Keywords: dgca, vijay mallya, kingfisher crisis, kingfisher airlines
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