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Vijay Mallya blames 'policy paralysis' for slowdown

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New Delhi: Industrialist Vijay Mallya, whose group is in the midst of financial troubles, has blamed ‘policy paralysis’ for India's slow growth, saying that the economic slowdown has dampened even th

Stocks up on FDI plans in aviation

India’s main indexes ended higher on Monday, led by gains in export-driven technology shares such as Infosys due to rupee’s weakness versus dollar, while reports of a stake sale to Etihad Airways buoy

No link between Diageo-USL deal and Kingfisher: Mallya

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Vijay Mallya Friday said the Diageo-United Spirits deal has no implications for his cash-strapped Kingfisher Airlines, as both are independent businesses.

"We have multiple businesses and each busine

UB Group, Diageo agree on stake sale in United Spirits

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Vijay Mallya-led UB Group is understood to have reached a deal with world's largest spirit maker Diageo for a stake sale in United Spirits.

According to sources, the deal will be announced on Friday.

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