Breaking News USL asks Vijay Mallya to resign as its chairman

scorpionking76 · Apr 25, 2015

Troubled tycoon Vijay Mallya is defying a boardroom decision to remove him as chairman of United Spirits Ltd, as India's largest distiller said it has lost faith in him after a PricewaterhouseCoopers (PwC) inquiry into the company's books found "improprieties and violations".

USL asks Vijay Mallya to resign as its chairman - The Times of India

Deepu · Apr 25, 2015

They should kick him out of the company. He deserves it

DashMajor · Apr 25, 2015

What else Mallya has to loose ? :stupidquestion:

scorpionking76 · Apr 25, 2015

He has loads of money stacked abroad and he will not lose anything

DashMajor · Apr 25, 2015

Bloody idiot put lots of career at jeopardy.

Sanjeev · Apr 25, 2015

Is Mallya having black money at Swiss bank

Deepu · Apr 25, 2015

Sanjeev said:
Is Mallya having black money at Swiss bank

Don't know about swiss bank. He will have sufficient money abroad to have luxury life till he dies

NinadG · Apr 25, 2015

Its said he is holding less than 5% stake now & still holding chairmanship....

Technoglitch · Apr 25, 2015

Mallya enjoys the most luxurious life in Banglore. boasts about imported cars and rich lifestyles.

scorpionking76 · Apr 25, 2015

Technoglitch said:
Mallya enjoys the most luxurious life in Banglore. boasts about imported cars and rich lifestyles.

Also he is a ex MP as well