Will Vijay Mallya ditch Kingfisher Airlines to save United Spirits?

 Will Vijay Mallya ditch Kingfisher Airlines to save United Spirits?
Dated:October 01,2012
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Given that Indian techies grab the maximum number of H-1B visas, such a proposal if accepted by the Congress would hit the Indian IT cos the most.


The finalized GAAR, which would target money routed through tax havens, is expected to be softer on investors.


Among other things, the Finance Ministry is looking at the possibility of exempting first year premium from service tax and extending the scope of tax exemption scheme to cover more life insurance policies.


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Vijay Mallya is desperately trying to save his empire. But he has to choose between a shaky airline and a healthier spirits business.
Scions of family businesses are leveraging on their foreign exposure to sharpen life skills and inculcate the ability to lead a multi-cultural workforce.
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