( Vijay Mallya seems to be having adequate resources to rescue Kingfisher .
( Once during the Great recession of 1920 s Sir Dorabji Tata pledged family jewelery to pay on time salaries etc ) of Tata Steel ( then known as Tata Iron And Steel Company Limited ).
Please read this from Tata's Official Site :-
Blog Writer's Comments :-
Kingfisher Airlines `s plight makes one very sad. Vijay Malllya was very passionate about Kingerfisher Airlines. If there was a delay in flight take off , a SMS had to sent to Vijay Mallya and an explanation . Vijay Mallya had created tremendous share holder value ( a quantum increase in share valuation in United Breweries by bold reorganisation and bringing in as partners internationally reputed brewers . In his initial years Vijay Mallya`s entry into petrochemicals ( UB Petro - earlier Kamar Petro ) and simultaneous disinvestment of Kissan ( to Hindustan Unilever ) had , however , backfired.