The Competition Commission of India is reported to have given its approval to the $2.2 billion deal that will see British firm Diageo take control of the United Spirits group, by buying a 27.4 percent stake and then acquiring an additional 26 percent stake by buying out public shareholders. This may help Mallya’s grounded and now route-less Kingfisher Airlines, although the first priority will be to pay off the creditors who have started to make moves to recoup their money in other ways. The deal was agreed in November but progress through the anti-monopoly body was slow. Mallya keeps saying that the troubles of one company do not affect the other firms in which he has shareholdings, but it is hard to imagine that at least some of the cash will not be going towards the airline, unless even he has finally concluded that it could be a lost cause. With no planes, no flying licence, no routes, an unhappy staff and massive debts it is hard to imagine that Kingfisher can be revived, but India is a funny place, so we should watch out to see if a resurrection is possible. Mallya says that financial troubles will not affect the Formula 1 team.