Vijay Mallya, Sahara Group refute Kingfisher bailout

Vijay Mallya, Sahara Group refute Kingfisher bailout

Vijay Mallya, Chairman of Kingfisher Airlines, quashed speculation about a possible deal between him and the Sahara Group to bailout Kingfisher Airlines from the current crisis. “The limited purpose (for which I am here) is Sahara Force India,” Mallya told PTI referring to the board meeting of the new set up. “There is absolutely nothing like it,” Mallya added when asked whether he was in talks with Sahara for pumping in money into Kingfisher Airlines.

Gary Marshall
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