How Vijay Mallya inherited an empire and proceeded to lose it
Scottish & Newcastle ) were brought in. Phenomenal share holder value was unlocked. Similarly , in the case of McDowell and Co. We held shares in Carew and Co. ( merged with McDowell ) . The struggle with Chhabrias for control of Shah Wallace brought forth the fighter in Vijay Mallya.
My Memories :-
At the Court convened meeting of shareholders for merger of Punjab Breweries with United Breweries I put forth a point that Post merger , Ludhiana factory be , always , referred as United Breweries ( Unit Punjab Breweries ,Ludhiana ) so that the word Punjab always remains. I have never taken liquor. But when ever , around Punjab , I see a Bottle of Kingfisher Beer , I read ( now with Specs ) on the label the words Unit Punjab Breweries.