Shaw Wallace & Co Ltd (SWC) was acquired by the UB group in 2005
for around Rs1,300 crore, which allowed Vijay Mallya to get control over a company that he always thought was his. According to the grapevine, Manu Chhabria was supposed to co-own the company but kept Mallya out, once he acquired control. With brands like Antiquity, Royal Challenge, Director’s Special, DSP Black and Old...