Vijay Mallya, the flamboyant businessman who just refused to grow up

Vijay Mallya has had a penchant for making the news, and until recently he had done it in style. Early in his career, more than three decades ago, he began with typical flourish, launching a takeover bid for Shaw Wallace, the liquor company. The bid was in partnership with the then Dubai-based (and now late) Manu Chhabria, and Mr Mallya was picked up at Bangalore (as it was then) airport by the Enforcement Directorate on a charge of foreign exchange violation. Later there was a succession of deals — buying and selling companies, first to diversify and then to re-focus on his core busines.....

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