Vijay Mallya arrested in London: Here's timeline of liquor baron's debacle
Kingfisher Airlines, established in 2005, was a major business venture launched by Mallya.It eventually became insolvent and had to be closed down.As of October 2013, it had not paid salaries to its employees for 15 months, had lost its licence to operate as an airline, and owed more than US$1 billion in bank loans.
Apr 18, 2017, 16:50 PM IST