date:Nov 01, 2012
the United Spirits perspective because it would give them the edge of reducing debt as well as the edge of new premium brands.
Mr Mallya has held talks with Diageo on United Spirits amid troubles at his cash-strapped Kingfisher Airlines, which had its license suspended following a strike. The airline has said it plans to resume flights shortly after employees agreed to return to work.
A spokesman for United Spirits could not be reached for comment.