10 Important Businesses of Vijay Mallya

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Important Businesses of Vijay Mallya

When you see the kingfisher advertisement board the first thing comes to your mind is Vijay Mallya also called "The King of Good Times". He is an India based businessman recently alleged wilful default of INR 9000 crore loan, which he owes to various public sector banks also Indian Special court announced Vijay Mallya is a fugitive economic offender after the money-laundering charges in the United Kingdom and extradition proceedings in India.  In this article, we are going to find out 10 Important Businesses of Vijay Mallya.

10 Important Businesses of Vijay Mallya serves as a Director

Vijay Mallya serves as the Chairman of The United Breweries (UB) Group, one of India’s largest conglomerates with diverse interests in brewing, distilling, real estate, biotechnology, and information technology. The following is a virtual representation of his company network available at Tofler.

1. Kingfisher Airlines Limited

Kingfisher Airlines Limited is an airline company started working in 2005. The company stopped its services in February 2013 when the Indian government announced the withdrawal of both domestic and international flight entitlements allocated to it.

2. United Racing & Bloodstock Breeders Ltd

URBB was formed in 1988 to bring under single banner Vijay Mallya’s interests in horse racing and breeding.

3. Bayer CropScience Limited

Bayer is an agricultural based company works to produce seeds, pest control products, crop protection, also some non-agricultural products.

4. Sanofi India Limited 

Sanofi is the company based on pharmaceuticals sector. It is a part of the Sanofi Group which is the largest pharmaceutical company in Europe and in emerging markets.

5. United Breweries (Holdings) Limited 

UB is the holding company of UB Group. The company incorporates international trade, Real estate, construction, licensing trademarks, availing loan provision, and strategic investment.

6. United Breweries Limited 

UBL is a liquor manufacturer company with the flagship brand name Kingfisher across 72 countries in the world. Vijay Mallya has been on the Board of UBL since March 30, 2002.

7. Four Seasons Wines Limited

FSWL is a winemaking business company. 

8. Kingfisher East Bengal Football Team Private Limited

Kingfisher East Bengal Football Team Private Limited owns the professional football club East Bengal FC. Vijay Mallya’s United Breweries Group became the owner of the Club in 1998.

9. Motorsports Association of India

MAI originally was formed as a rival body to the Federation of Motor Sports Clubs of India (FMSCI). However, FMSCI regained full control of motorsport after the MAI was disestablished.

10. VJM Investments Private Limited investing

JVM Investments is the company for investments 100% owned by Vijay Mallya. Except this Vijay Mallya also served as a director in many companies.

Source: Tofler.in

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