Vijay Mallya

By Vipin Agnihotri

It has come into the notice of The India Street that Vijay Mallya led Kingfisher Radio is now in the possession of a 45.97 per cent stake in aircraft and air charter operator Deccan Aviation, post the open offer. It is worth mentioning in this regard that Mallya got 27.12 million shares in the open offer made to the shareholders of Deccan Aviation.

Vipin Agnihotri

Kingfisher chairman Vijay Mallya is quite famous for his tongue-in-cheek remarks. Who can forget his quote when asked about why he chose to start an airline after succeeding in liquor business. His answer at that time was, “They both make you fly!”