Corporate Watch

“Good that PSU Banks saving Jet, why didn’t they then save Kingfisher?” Asks Mallya

PSU Watch Bureau

New Delhi: Looks Jet Airways crisis and the way PSU banks have come to help airline keeping afloat didn't let Vijay Mallya sleep peacefully in his plush London apartment. In his midnight tweets, Mallya took on NDA government for putting in so much effort to save Jet Airways. Mallya said the present government has a double standard towards. "I invested over 4,000 crores into Kingfisher Airlines to save the Company and its employees. Not recognized and instead slammed in every possible way. The same PSU Banks let India's finest airline with the best employees and connectivity fail ruthlessly. Double standards under NDA"

I too wrote to PM, What was wrong then?

Vijay Mallya, who is facing extradition to India from the UK, slammed PSU Banks for not helping #kingfisherAirlines when he was in dire need. Taking on BJP he said the MPs read out his letters written to then PM Manmohan Singh in parliament.

Now NDA government only is helping out debt-ridden Jet Airways "BJP spokesman eloquently read out my letters to PM Manmohan Singh and alleged that PSU Banks under the UPA Government had wrongly supported Kingfisher Airlines. Media decimated me for writing to the current PM. I wonder what has changed now under the NDA Government."

Take my money, Save Jet Airways

In the last tweet of his series of midnight tweets fugitive businessman said he has already told PSU banks that his liquid assets lie with the Karnataka High Court and also that banks can use that money to save Jet.

Nifty hits record peak in early trade on Friday

Adani Green secures $400 million finance from international banks

Energy storage systems important to increase share of RE in power generation: ICRA

Air India starts A350 operations on international route with Delhi-Dubai flight

RBI says 97.76% of Rs 2000 currency notes returned