Tag Archives: Mallya

Vijay Mallya offers to curtail ‘lavish’ lifestyle to repay debt to banks

Vijay Mallya is willing to curtail his ‘lavish’ lifestyle. (File) A UK court has been told that embattled liquor tycoon Vijay Mallya is willing to curtail his “lavish” lifestyle to satisfy numerous Indian banks trying to recoup some of the nearly 1.145 billion pounds owed to them. Mallya had been sanctioned an “ordinary living expenses allowance” of a maximum of 18,325.31 ... Read More »