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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: diageo, diageo- united spirits deal, kingfisher, kingfisher
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The 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: ministry of the civil aviation., pratip choudhary, kingfisher employee protest, kingfisher airlines
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