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Modi under fire after Kingfisher founder leaves India
Published Thu, Mar 10, 2016 · 09:50 PM
New Delhi
INDIA'S Prime Minister Narendra Modi came under fire in Parliament after a flamboyant former billionaire who owes as much as US$1 billion to creditors left the country amid efforts by policymakers to rein in rising bad loans in the nation's financial system.
A group of 17 banks in India, fighting to recover dues from Vijay Mallya, chairman and founder of the now-defunct Kingfisher Airlines Ltd, found …
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