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In October 2007 he bought a Formula One team, then in 2008 he bought a cricket team. He was doing everything of his interest but ultimately on the Indian bank’s money. The problem was he overpaid for that airline, he needed to borrow frequently solely to keep that whole airline’s business afloat, this debt mountain was growing very badly and he went on the verge of bankruptcy.
By November, 2011 he literally bet everything to rescue the airline but it didn’t happen the things went out of control and as a result he took a very bad move that he stopped paying salaries to his employees. Eventually the airline closed ! Mallya argued that this was a business failure but investigators found him guilty for theft, bank looting, cheating, criminal conspiracy, money laundering and diversion of loan funds.
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FROM THE EDITOR

FROM THE EDITOR

The story of Ambani - the younger one - Anil Ambani

The story of Ambani - the younger one - Anil Ambani

Steve Jobs VS Bill Gates

Steve Jobs VS Bill Gates

Money Heist - The End

Money Heist - The End

The King of Good Times - Vijay Mallya

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Interview with Bhamini Puri
Paris Hilton - The self-made Heiress
The rise and fall of Jack Ma
Nirav Modi - The Jeweller of Kings

Interview with Bhamini Puri

Paris Hilton - The self-made Heiress

The rise and fall of Jack Ma

Nirav Modi - The Jeweller of Kings

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