No easy lifeline for Kingfisher from banks - The Times of India
3 months ago
Lenders are firm on not providing fresh assistance to Vijay Mallya-promoted Kingfisher Airlines unless the company clears its dues to banks, a move which is expected to pile more pressure on the cash-strapped carrier to stay afloat....
Full Article at timesofindia.indiatimes.com
Vijay Mallya (Kannada: ವಿಜಯ್ ಮಲ್ಯ; born 18 December 1955) is an Indian liquor baron and Rajya Sabha MP. The son of industrialist Vittal Mallya, he is the Chairman of the United Breweries Group and Kingfisher Airlines, which draws its name from United Breweries Group's flagship beer brand, Kingfis... MORE