Diageo asks Vijay Mallya to return â¹256 crore paid to him
Liquor firm Diageo has asked Vijay Mallya to return $40 million (over â¹256 crore) paid to him as part of the $75 million (â¹480 crore) deal for his exit from United Spirits. It has sought compensation for losses incurred due to breaches committed by Mallya. Citing violation of the agreement by Mallya, Diageo has also stopped future instalments to him.