Vijay Mallya’s Key Advisor Ravi Nedungadi Steps Down From UB Group

ijay Mallya’s key adviser Ravi Nedungadi is stepping down from the UB Group after two-and-a-half decades. The move comes at a time when the Bengaluru-based tycoon is under unprecedented pressure from banks which have moved to seize his assets. Nedungadi, 58, is the chief financial officer of the UB Group and a director in the board of United Breweries Holdings Ltd (UBHL), the group’s holding company.

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