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03 May 2016

Parliament panel set to recommend Vijay Mallya's expulsion from Rajya Sabha

The Ethics Committee of Parliament is set to recommend the expulsion of Independent MP and liquor baron Vijay Mallya even after his tendering resignation from the membership of the Upper House yesterday.

11 Mar 2016

Diageo to 'review' DRT order, says $40 million paid to Vijay Mallya

As part of their agreement Diageo agreed to pay Mallya, USD 75 million for stepping down as Chairman of United Spirits and for entering into a non-compete pact.

09 Mar 2016

Have already paid $40 million to Vijay Mallya as part of $75 million deal: Diageo

Asked about the Debt Recovery Tribunal`s (DRT) March 7 order to it not to pay Mallya any part of the severance package till its next hearing on March 28, King said the company was yet to receive such an order.

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