Moneycontrol PRO
Outskill Genai

business

UB Group likely to offload up to 49% in Whyte & Mackay

UB Group chairman Vijay Mallya is leaving no stones unturned in order to save his beleaguered Kingfisher Airlines. Sources tell CNBC-TV18 that the UB Group is likely to offload up to 48% stake in its flagship brand Whyte & Mackay (W&M).

first published: Sep 3, 2012 03:56 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347