Kingfisher Airlines – Wittiya https://wittiya.com Top Business News, Stock Market Insights & Financial Updates | Wittiya Tue, 10 Jun 2025 09:33:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://wittiya.com/wp-content/uploads/2025/02/cropped-Favicons_1x_512x512-copy-3-32x32.png Kingfisher Airlines – Wittiya https://wittiya.com 32 32 What Did Vijay Mallya Reveal That Shocked 2 Crore Viewers? https://wittiya.com/companies/people/what-did-vijay-mallya-reveal-that-shocked-2-crore-viewers/ Tue, 10 Jun 2025 09:33:21 +0000 https://wittiya.com/?p=9014 This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Vijay Mallya has reacted emotionally to the success of his podcast interview with YouTuber Raj Shamani, which has crossed 2 crore views in just four days. The podcast marks Mallya’s first extended public conversation in years, discussing Kingfisher Airlines, Royal Challengers Bengaluru, and his alleged financial controversies. Vijay Mallya, the controversial Indian businessman and former [...]

Read the full article here: What Did Vijay Mallya Reveal That Shocked 2 Crore Viewers? — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

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This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Vijay Mallya has reacted emotionally to the success of his podcast interview with YouTuber Raj Shamani, which has crossed 2 crore views in just four days. The podcast marks Mallya’s first extended public conversation in years, discussing Kingfisher Airlines, Royal Challengers Bengaluru, and his alleged financial controversies.


Vijay Mallya, the controversial Indian businessman and former owner of Kingfisher Airlines and IPL team Royal Challengers Bengaluru, has responded to the overwhelming success of his podcast appearance with YouTuber Raj Shamani. The video, titled “Vijay Mallya Podcast: Rise & Downfall Of Kingfisher Airlines, Loans & RCB,” garnered over 2 crore views on YouTube within just four days.

In a post on X (formerly Twitter), Mallya wrote, “To say that I am humbled and overwhelmed is well short of what I truly feel.” He thanked viewers for watching the 4-hour-long podcast and added, “Fills my heart with joy that my true factual story is being heard.”

What Did Vijay Mallya Reveal That Shocked 2 Crore Viewers?

This podcast marks Mallya’s first long-format public appearance in nearly a decade. During the conversation, he discussed the rise and collapse of Kingfisher Airlines, his ownership of RCB, and addressed allegations of defrauding Indian banks of over ₹9,000 crore (approximately $1.2 billion).

Mallya, who fled India in 2016 and currently resides in the United Kingdom, continues to be embroiled in legal proceedings over unpaid loans tied to his defunct airline. In the podcast, he denied the accusations, stating, “You may call me a fugitive for not returning to India, but I didn’t run away. I flew on a prescheduled visit.”

He also expressed regret for his former employees, extending a rare apology. Reflecting on his exit from India, he emphasized, “Where is the theft? If you want to call me a fugitive, go ahead. But where is the ‘chori’ (theft)?”

Notably, in February 2025, Mallya told the Karnataka High Court that the ₹6,200 crore owed to banks had already been recovered multiple times through asset liquidation.

Robust public interest in the podcast signals a strong curiosity about the businessman’s side of the story, especially after years of silence and legal battles involving lenders and the Indian government.

For viewers, the podcast remains available on Raj Shamani’s YouTube channel.

Also Read: Banks Recovered Twice the Loan, Says Mallya in Court Filing

Read the full article here: What Did Vijay Mallya Reveal That Shocked 2 Crore Viewers? — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

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Banks Recovered Twice the Loan, Says Mallya in Court Filing https://wittiya.com/companies/people/banks-recovered-twice-the-loan-says-mallya-in-court-filing/ Fri, 06 Jun 2025 09:00:19 +0000 https://wittiya.com/?p=8893 This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Indian businessman Vijay Mallya has reiterated claims that banks have recovered ₹14,000 crore against a ₹6,203 crore loan. On February 5, 2025, he approached the Karnataka High Court seeking clarity as banks allegedly failed to furnish account statements. His statement comes amid continued scrutiny of high-profile economic offences in India, where ₹14,131.6 crore was recovered [...]

Read the full article here: Banks Recovered Twice the Loan, Says Mallya in Court Filing — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

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This article was originally published on Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Indian businessman Vijay Mallya has reiterated claims that banks have recovered ₹14,000 crore against a ₹6,203 crore loan. On February 5, 2025, he approached the Karnataka High Court seeking clarity as banks allegedly failed to furnish account statements. His statement comes amid continued scrutiny of high-profile economic offences in India, where ₹14,131.6 crore was recovered from his assets, according to India’s Finance Minister.


Businessman Vijay Mallya, former owner of Kingfisher Airlines and a key figure in India’s most high-profile loan default case, has once again asserted that Indian public sector banks have already recovered nearly ₹14,000 crore from him—over twice the loan amount of ₹6,203 crore—yet have failed to provide any account statements.

Mallya made this statement in a podcast hosted by Raj Shamani and revealed that he approached the Karnataka High Court on February 5, 2025, to seek clarity. He claimed that his legal team had sent 15 reminders to the banks and even wrote to the State Bank of India (SBI) chairman personally but received no response. He alleged that banks had denied a requested meeting to clarify the recovery process.

Vijay Mallya emphasized that the Debt Recovery Tribunal’s certificate confirmed a total debt of ₹6,203 crore, which included an 11.5% interest rate and was owed by four entities—Kingfisher Airlines, United Breweries, Vijay Mallya himself, and Kingfisher Finvest.

I am the one under attack, The figure ₹9,000 crore was never officially stated by banks. I am as perplexed as you are.”

Vijay Mallya

This development aligns with statements made earlier by India’s Finance Minister Nirmala Sitharaman, who noted that the government had restored properties worth ₹22,280 crore related to major economic offence cases. Out of this, property worth ₹14,131.6 crore was linked to Mallya and restored to public sector banks.

Mallya remains under scrutiny for financial misconduct and absconding from India in 2016. The recovery and legal proceedings continue to be of national interest, especially as India increases efforts to clamp down on white-collar crimes involving major defaulters.

Read the full article here: Banks Recovered Twice the Loan, Says Mallya in Court Filing — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

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