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by Admin 2012-10-28 | Like 5 |2281 Views

It\'s better to be a multi-billionaire politician than displaying wealth: Vijay Mallya - Business News - IBNLive

It\'s better to be a multi-billionaire politician than displaying wealth: Vijay Mallya - Business News - IBNLive

Liquor baron Vijay Mallya on Saturday said he has learnt the hard way that wealth should not be displayed in India, and that it is better to be a multi-billionaire politician in the country. \'I have learnt the hard way that in India wealth should not be displayed. (It is) Better to be a multi-billionaire politician dressed in Khadi,\' Mallya

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The total networth of India\'s 55 billionaires has fallen marginally to USD 189 billion (over Rs 10 lakh crore) in the past one year, but even half of this amount exceeds the country\'s total fiscal deficit.
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Troubled Kingfisher Airlines Chairman Vijay Mallya will be attending the Indian Grand Prix event at Greater Noida later this week. Mallya will be returning at a time when the airline is in the middle of a crisis. The employees of Kingfisher Airlines wanted to speak directly to Mallya on their issues, but they were not given permission to do so.
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n the latest twist to the Kingfisher Airlines crisis, sources on Friday said that the money to revive the cash-strapped airline will come from Vijay Mallya\'s UB Group as there is no investor available in the near term. Kingfisher CEO Sanjay Aggarwal met the Directorate General of Civil Aviation (DGCA) officials on Friday afternoon and will now meet Mallya to
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NEW DELHI (Reuters) - Kingfisher Airlines\'<KING.NS> planned investment of 6.5 billion rupees as part of a plan to return the airline to the skies is not enough to restart operations at the troubled
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