Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
Malaysian authorities are probing new information that the missing plane with 239 people on board dropped to an altitude of 5,000 feet or possibly lower to evade radar detection after it turned back midair.