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.

19 December, 20247 min
0
Debt settled, can Vijay Mallya return to India?

You may also like

Business
Story image

Hero’s comeback has legs, but can it keep its grip?

India’s largest two-wheeler maker has seen a stock surge on the back of macro tailwinds, an EV push, a credible export strategy and renewed investor faith. Proving that this rally isn’t just a festive-season fling will be the real test.

Business
Story image

The rot at HDFC Bank’s Dubai branch goes deep

The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.

Business
Story image

What's behind the sudden influx of Chinese firms into the Middle East?

A mix of favourable policies and high-rolling consumers in the Middle East is drawing a wide array of companies to set up shop in the region