Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
In an SEC filing dating back to 1997, he figures as "J Vallabh".
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
The HC also offered a ray of hope to the hundreds of employees of UB-Group owned now-grounded Kingfisher Airlines, who have not been paid monthly salaries for over a year now.
The parent entity, (Holdings) Ltd, have also expressed concern over the company's significant exposure to the airline.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
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