We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Mallya’s moment

1 April 2016 By Una Galani

Liquor baron Vijay Mallya is offering to repay lenders, most state-backed, at least 43 cents on the dollar to settle dues worth $1.4 bln. That is almost double the average recovery rate for Indian creditors. They should make a deal, even if the tycoon may be able to pay more.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)