Vijay Mallya says only shareholders can 'oust' him from USL
Mallya also said that only "shareholders can 'oust' a Director" and he would continue to function as USL Chairman "in the normal manner".
Apr 26, 2015, 15:07 PM IST
Diageo asks Mallya to quit USL board; alleges fund diversion
However, Mallya refused to resign and said the inferences and allegations are unjustified and false.
Apr 25, 2015, 20:40 PM IST
USL board orders probe into loans to UB Group companies
The Board of United Spirits Ltd, now controlled by Diageo, has ordered a probe into the loans given by United Spirits to UB Group companies as it posted a whopping net loss of Rs 4,488.77 crore for the financial year ended March 31, 2014.
Sep 05, 2014, 14:31 PM IST
