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Vijay Mallya Loses Posts at Kingfisher Airlines, Mangalore Chemicals

File photo of Vijay Mallya
New Delhi: In a double whammy for businessman Vijay Mallya, the government has annulled his reappointment as managing director of Kingfisher Airlines while he also had to quit from board of another group company Mangalore Chemicals and Fertilizers Ltd (MCFL). This comes close on the heels of minority shareholders of United Spirits, once a prized entity of Mr Mallya-led UB group, rejecting proposals regarding proposed financial d...
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