Mallya Isn’t Showing Shareholders Everything

February 21, 2008 12:50 pm

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Vijay Mallya touches down at New Delhi’s Indira Gandhi International Airport in his Airbus Corporate Jet on the afternoon of Jan. 19. Stepping off the plane after flying in from his home in Sausalito, California, the 52-year-old Indian billionaire dives into a Mercedes-Benz to drive to a meeting with a government minister. The next stop is the Metropolitan hotel to interview flight attendants for his Kingfisher Airlines Ltd.

Back in his house on New Delhi’s Sardar Patel road by 8 p.m., he nurses a tumbler of whisky distilled by Glasgow, Scotland-based Whyte & Mackay Ltd., his latest acquisition, as Accenture Ltd. consultants advise him on Kingfisher’s merger with India’s Deccan Aviation Ltd.

After replacing jeans and jacket with a dark suit, white shirt and pink tie, Mallya heads to a dinner hosted by his liquor company, United Spirits Ltd. He’s home by midnight, then off to Mumbai at 2 a.m. to bid $112 million for — and eventually win — a new cricket team in Bangalore.

read the rest published by Bloomberg here:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aP4i0550GvCk

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