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Failure of Kingfisher

The Rise and Fall of King of Good Times

Vijay Mallya’s conglomerate UB Group is in danger of falling apart. The man who likes to be called the ‘King of good times’ runs the risk of being left without an empire. Over the past 10 years the Indian economy has surged high, and with it enterprises such as Vijay Mallya's Kingfisher Airlines. But now that the super-rich tycoon's fleet is grounded and debt-ridden, does it mean the boom-time is over for India? Brewing Hard Times In fact the Indian "super-rich" can afford something a little more exclusive. Vijay Mallya, India's most flamboyant businessman and the chairman of the vast