Friday 16 November 2018

Goa's Oldest Online News Portal

Economy | Industry

Vijay Mallya quits as United Spirits chairman

 

UB Group chairman Vijay Mallya has stepped down as non-executive chairman of United Spirits Ltd (USL), controlled by Diageo Plc after striking a sweetheart deal with the UK firm which agreed to drop all charges of alleged irregularities under his watch, and pay him $75 million over five years in return for getting him to go.

Diageo and one-time billionaire Mallya have been sparring for some time over his exit. CLICK TO READ MORE






Name
Place
Email
Comments
Verification Code Enter The Code Displayed hereRefresh Image
 

Economy

 

Latest News

» Goa police ...
» A victim ...
» Why Goa ...
» SC again ...
» Shuttle Life- ...
» Newton - ...
» Closeness (Tesnota) ...
» Scaffolding (Pigumim)- ...
» ...
» Summer 1993: ...
 
 

Industry

» Syngenta gets CCI ...
» Mallya wanted to ...
» Karnataka HC issues ...
» Few mega industries ...
» AAP asks 11 ...
» IPB clears 4 ...
» Goa's Marksans Pharma ...
» Banks to take ...
» 38 industries coming ...
» Goa chasing 50 ...