Jet Airways’ founder Naresh Goyal can’t leave India
While Delhi High Court refused Goyal permission to fly abroad, it asked him to deposit ₹18,000 crore as guarantee if he wished to travel. Meanwhile, Vijay Mallya’s extradition suffers a setback.
vijay mallya
July 2019
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December 2018
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Fortune India: Best of 2018
As 2018 draws to a close, here’s a look at some of our best stories.
Prestige: E for expansion
Realty major Prestige is getting out of its comfort zone in south India and laying the groundwork for projects in Mumbai and the NCR.
Eighth anniversary special: Newsmakers
Those who grabbed the headlines in the past eight years.
Wilful defaults: the financial underbelly of the banking system
Only four economies globally have higher NPAs than India. These are Portugal, Italy, Ireland, and Greece.
Mallya says making ‘every effort’ to repay bad loans
He has also sought Karnataka High Court’s approval to sell frozen assets worth Rs 13,900 crore to repay dues.
