Taking to his official Twitter handle, he announced the big decision that left cricket fans across the globe shocked.
Ownership battle over Mansion House brand gets murkier as Allied Blenders buy 50 percent stake in brand.
Shares of Vijay Mallya's United Spirits surged over 6% on Tuesday, following its out of court settlement with Kishore Chhabria's ABD over the ownership of the Officers Choice brand. A settlement of legal issues may then open the doors for a deal with Diageo, which will help United Spirits pare its huge debt.
CNBC-TV18‘s Amrita Panja reports on the Kishore Chhabria-run Allied Blenders & Distillers which has upped the fight with United Spirits by launching semi-premium whisky brand