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
Banner image

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

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

World
Story image

India stands to lose electronics manufacturing opportunity to Vietnam

There is little incentive to manufacture in India for export apart from those provided by the government.

Business
Story image

HDFC Bank charged with ripping off NRI depositors. Now it is set to pay

Allegations of misselling risky AT1 bonds to retail investors come as a new headache for India’s largest private bank. The regulatory backlash could leave a $100 million hole in its books.

Business
Story image

Why the price is still not right for green hydrogen

Green hydrogen’s first official price tag in India, while significant, is still a long way from being viable.