Mallya does a deal…
Vijay Mallya has stepped down as non-executive chairman of United Spirits Ltd, the India spirits company that is controlled by Diageo Plc, after striking a deal with the firm to drop all allegations of financial irregularities and pay him $75 million over five years. As part of the agreement, Diageo has extended Smirnoff’s sponsorship of […]
Vijay Mallya has stepped down as non-executive chairman of United Spirits Ltd, the India spirits company that is controlled by Diageo Plc, after striking a deal with the firm to drop all allegations of financial irregularities and pay him $75 million over five years. As part of the agreement, Diageo has extended Smirnoff’s sponsorship of […]
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