Deccan Aviation names Vijay Mallya Chairman

Budget airline Deccan Aviation Ltd said its board named Vijay Mallya as Chairman, replacing NS Narahari who will continue as director.

Budget airline Deccan Aviation Ltd said its board named Vijay Mallya as Chairman, replacing NS Narahari who will continue as director.

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Mallya is the founder of spirits maker UB Group which holds about 49 per cent stake in Deccan. Deccan Aviation's founder GR Gopinath will be the Vice Chairman, the company said in a notice to NSE.