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Friday, December 9, 2011

Mallya Gave Personal Guarantee Of Rs 249 Cr For Kingfisher

New Delhi, Dec 9: Kingfisher Airlines promoter Vijay Mallya has given a personal guarantee of Rs 248.97 crore, besides pledging shares as security against loans taken from various banks, Parliament was informed today.

United Breweries Holdings, which Mallya heads, has provided a corporate guarantee of Rs 1,601.43 crore, Minister of State for Finance Namo Narain Meena said in a written reply in Lok Sabha.


From: http://ping.fm/eFRCt

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