<p> USL Chairman Vijay Mallya today said he will not retire from the company's board anytime soon, but would start thinking about it when he turns 60.<br /><br /></p>.<p>"I am not retiring quite yet, but as I said once, sixty years old, you must start thinking, you know of enjoying life ... so what is wrong in me thinking (about it)," he told reporters, responding to a query on when he is going to retire from the USL Board after the much-hyped USL annual general meeting.<br /><br />"As I said, people are reminding me that I am turning 60. Normally, when you turn 60 you think of retirement," he added. The liquor baron was born on December 18, 1955.<br /><br />Mallya is in the news after the media was agog with reports that Diageo, the United Spirits' new owner, had asked him to step down as Chairman and Director of the Indian liquor firm for alleged fund diversion to Kingfisher and other UB Group entities.<br /><br />To a question, Mallya said: "See, you try to interpret everything, twist and turn it... I will think when I hit 60. I will start thinking how to enjoy my life, what is wrong with that?"<br /><br />Asked whether he was in process of reducing stake in United Spirits Limited (USL), Mallya said he was focussing on settling the affairs relating to Kingfisher.<br /><br />"I am focussing on settling Kingfisher affairs with banks. That's what my current focus is on," he said.<br /><br />On what means he would adopt to reduce the stake, a relatively annoyed Mallya castigated the media for "twisting" and giving a turn to statements.<br /><br />"This is like saying I am going to buy new suit and your very next question will be where you are going to get, (and) which tailor? What is this ya? You guys have gone nuts," he said.<br /><br />He continued, "Please I made a statement, that's it. You want to twist and turn from every angle. This is not right. This is why I don't talk to media. One statement cannot be opened to 10 different interpretations. I said what I said." <br /></p>
<p> USL Chairman Vijay Mallya today said he will not retire from the company's board anytime soon, but would start thinking about it when he turns 60.<br /><br /></p>.<p>"I am not retiring quite yet, but as I said once, sixty years old, you must start thinking, you know of enjoying life ... so what is wrong in me thinking (about it)," he told reporters, responding to a query on when he is going to retire from the USL Board after the much-hyped USL annual general meeting.<br /><br />"As I said, people are reminding me that I am turning 60. Normally, when you turn 60 you think of retirement," he added. The liquor baron was born on December 18, 1955.<br /><br />Mallya is in the news after the media was agog with reports that Diageo, the United Spirits' new owner, had asked him to step down as Chairman and Director of the Indian liquor firm for alleged fund diversion to Kingfisher and other UB Group entities.<br /><br />To a question, Mallya said: "See, you try to interpret everything, twist and turn it... I will think when I hit 60. I will start thinking how to enjoy my life, what is wrong with that?"<br /><br />Asked whether he was in process of reducing stake in United Spirits Limited (USL), Mallya said he was focussing on settling the affairs relating to Kingfisher.<br /><br />"I am focussing on settling Kingfisher affairs with banks. That's what my current focus is on," he said.<br /><br />On what means he would adopt to reduce the stake, a relatively annoyed Mallya castigated the media for "twisting" and giving a turn to statements.<br /><br />"This is like saying I am going to buy new suit and your very next question will be where you are going to get, (and) which tailor? What is this ya? You guys have gone nuts," he said.<br /><br />He continued, "Please I made a statement, that's it. You want to twist and turn from every angle. This is not right. This is why I don't talk to media. One statement cannot be opened to 10 different interpretations. I said what I said." <br /></p>