Four years after his flight to UK, getting back Vijay Mallya, and the Rs 10,000 crore he owes is a fading hope

Four years after his flight to UK, getting back Vijay Mallya, and the Rs 10,000 crore he owes is a fading hope

SBI and ICICI Bank had converted Kingfisher’s shares at Rs 64.48 each, which was at a 60 percent premium to then prevailing market price. The prices crashed to reach penny stock values within 16 …