India News | Edited by Shylaja Varma | Tuesday March 26, 2019
Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said his now-defunct Kingfisher Airlines too could have been bailed out by lenders, similar to what happened with cash-strapped Jet Airways on Monday. He blamed banks for letting "India's finest airline" close its operations seven years ago.
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