Did Vijay Mallya's bargain for a piece of the sky force him to come down to earth? With Kingfisher Airlines weighed down by debt burden of Rs 6,400 crore, the old king of good times is said to be looking at raising money from internal sources to keep his airline afloat.
Sunanda Jayaseelan of CNBC-TV18 says that the word is that Mallya may look to consolidate his foreign wine portfolio consisting of Bouvet Ladubay along with Whyte & Mackay, and look at listing it subsequently to raise the required money.
Highly placed sources at United Spirits agreed to the
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