United Spirits’ shareholders got the best Diwali Gift possible and are delirious with joy. Rarely does it happen in one’s lifetime that a stock rockets 35% in one trading session. And that too after having doubled in 6 months. Early investors like Rakesh Jhunjhunwala, Utpal Sheth, S. P. Tulsian & N. Jaykumar have taken home the loot
Vijay Mallya is held in contempt by his detractors for veering towards bankruptcy. But spare thought for the man who displayed amazing business acumen in becoming a billionaire in the first place. We explore how Vijay Mallya can regain the coveted title of “Billionaire” once again
Vijay Mallya has the luck of the Devil. He may be bankrupt and walking around with a begging bowl but that won’t stop him from indulging in his pet profligacy like making a “deal” with Lord Kukke Subrahamnium and promising a golden door worth Rs. 80 lakhs as a “reward” for bailing him (i.e. Vijay Mallya) from financial problems
T. Venkattram Reddy, the Chairman of the beleaguered Deccan Chronicle Holdings, who was allegedly absconding to escape the fraud and forgery chargers levied by Karvy, has come out in the open to clarify what caused the financial crises
Subrata Roy Sahara’s fight against SEBI has gone horribly wrong with the Judges tearing Sahara apart and threatening that it should be treated with an iron hand and punished with civil and criminal liability so as to prevent the Country landing into “another security market pandemonium”
Rumors are rife that Rakesh Jhunjhunwala is behind the steep rise in the United Spirits stock price
The way Vijay Mallya is squandering his wealth, it reminds one of Gordon Gekko’s saying “A Fool and his money are lucky to have been together in the first place“
Venkattram Reddy was bitten by the Vijay Mallya bug and that has caused his downfall says India Today
The root cause of Deccan Chronicle’s woes is the IPL cricket team Deccan Chargers which has sucked away liquidity
Vijay Mallya reacts to the impending bankruptcy of Kingfisher Airlines with belligerence
Recent Comments