Vijay Mallya loses bankruptcy appeal in UK court
The fugitive businessman was appealing against an order given in a case involving more than £1 billion owed by his defunct airline to a consortium of Indian banks.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Debt settled, can Vijay Mallya return to India?
The finance minister has stated that banks have recovered Rs 14,131 crore by selling Mallya’s assets. However, the businessman has a number of other hurdles to cross before he can come back to India.
With FMCG-like strategy, United Spirits sets a new high
Led by MD and CEO Hina Nagarajan, its whisky brands have outpaced many of French rival Pernod Ricard’s for the first time in several years.
Air India Express, AirAsia India merger is high risk for the Tatas
The planned merger of the two low-cost carriers comes with red flags for the Tata group’s grand plans for its aviation business under Air India.