Vineetha Athrey

Mallya may sell RCB stake to escape debt trap

Bangalore: After the financial turbulence at Kingfisher Airlines, Chairman Vijay Mallya's United Spirits is looking at reducing its debt and bringing back the good times. It may even sell its stake in its Indian Premier League (IPL) team Royal Challenges Bangalore (RCB). Vijay Mallya's acquisition of the brand White & Mackay helped United Spirits reach the top of the global pyramid, but it came at a cost. Its debt has...

LS polls: Mysore Paints all set with the voters' ink

Since 1962 it is the only company authorised to supply voters' ink. ...