Following the successful close of its £1.1 billion tender offer on June 19, 2014, Diageo secured a 54.7 percent stake in United Spirits Limited (USL), for which it paid a total of £1.85 billion. The acquisition cost was partly offset by lowering USL’s debt through the...
A Study on Vijay Mallya Scam Case: Vijay Vittal Mallya, once known to you and me as ‘The King of Good Times’ or also dubbed ‘ The Playboy of the East’ was born to the Indian Entrepreneur Vittal Mallya in 1955. Vittal Mallya was largely known for the role played as the...
List of Wealthy Indians Who Went From Riches to Rags: Although it shouldn’t come as a surprise, we regularly see Billionaires who also can be horrible at managing their wealth. The answers as to why this happens are always in plain sight as most of these billionaires...
