News Details
Force India boss Mallya sacked from United Breweries board
India's United Breweries has fired indebted Force India Vijay Mallya from his non-executive chairman role following an order from the country's market regulator, it said in a stock exchange filing late Wednesday. The UB Group said the Securities and Exchange Board of India (SEBI) has barred Mallya from holding key managerial roles in any listed company. Mallya, who made Kingfisher beer a global brand, was known for his flamboyant lifestyle and styled himself as the 'King of Good Times'. He owes banks at least $1 billion, fleeing to Britain last March as pressure grew from banks to pay back the loans. Mallya has repeatedly failed to appear before investigators at the Enforcement...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Video: Toro Rosso STR12 fired up
Toro Rosso has become the latest team to put announce that their 2017 car...
8y ago from PlanetF1.com
Force India welcomes on board new partner, Foresight...
©WRI2
Sahara Force India is pleased to welcome eyewear specialists,...
8y ago from F1i.com
Force India offers fans F1 factory tour
– Force India is offering Formula 1 fans the opportunity to go on a...
8y ago from GPUpdate.net
Force India reveals new partner
Sahara Force India welcomes eyewear specialists, Foresight & Vision, as a...
8y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia to run “special test” for Jorge Martin...
No description available...
9h ago from Motorsport.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
9h ago from MotorsportWeek.c...
Watch: “Feels like yesterday” - Alex Criville...
No description available...
12h ago from Motorsport.com
EU approves Liberty Media's purchase of MotoGP and...
Liberty Media has received unconditional approval from the European...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
1d ago from Motorsport.com
Winners and Losers from IndyCar’s Road America...
No description available...
1d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
2d ago from MotorsportWeek.c...
Santino Ferrucci hangs on for Road America podium,...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
6d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
2w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
5 replacements for Thomas Partey that Arsenal could...
The Athletic reported today that Arsenal will definitely seek a...
6h ago from FreshArsenal.com
Revealed: Jose Mourinho has spoken with Man Utd star...
Fenerbahce have made an offer to Manchester United attacking midfielder...
8h ago from CaughtOffside.com
Manchester United hero Edwin van der Sar snubs...
Edwin van der Sar has backed his former side Manchester United to win the...
9h ago from SportsKeeda.com
2x Champions League winner to complete Arsenal...
Arsenal are reportedly closing in on the final details of the Kepa...
10h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin STUNNED by Adrian Newey methods
2016 F1 world champion Nico Rosberg has suggested... Read More »
9h ago from GPFans.com
I was an F1 star and I won Le Mans six times, but I just...
Jacky Ickx is a name that belongs in the list of... Read More »
1h ago from GPFans.com
Mercedes edge towards Max Verstappen decision after George...
George Russell has given his verdict on rumours... Read More »
2h ago from GPFans.com