Mr Mallya has taken a hard line against the protesters, accusing them of violence and intimidation and declaring a lockout and a suspension of its flights to protect customers and the company's assets. He has also threatened legal action against protesting Vijay Mallya has moved on from the e55m Indian Princess to the e95m Indian Empress, which is his new floating home. Powered by three 10,000 horsepower engines, the sleek super-yacht is his newest acquisition that arrived in Mumbai this month. Though the For most of his career, Mr Mallya belonged in the centre of urban India's fantasy economy, a landscape of yachts, sportsmen, fashion models and roadsters. Today, however, what surrounds Mallya are the details of urban India's economic nightmare Mallya, owner of a Formula One team and host of lavish yacht parties with Bollywood stars and politicians as guests, was India’s 29th richest man in 2007, worth an estimated $1.5 billion, according to Forbes. But pressure on Mallya has mounted over the Mallya, owner of a Formula One team and host of lavish yacht parties with Bollywood stars and politicians as guests, was India's 29th richest man in 2007, worth an estimated $1.5 billion, according to Forbes. But pressure on Mallya has mounted over the Taking a cue from business baron Vijay Mallya, who owns the 95-metre Indian Empress, many among the Indian elite have decided to splurge on yachts over the last five years. Taking a cue from business baron Vijay Mallya, who owns the 95-metre Indian Empress .
who does not wish to be quoted because he’s worried that he would be barred from the grand parties on Mallya’s yacht. Not all is lost yet. This month, one confidence building measure he managed to swing is a marketing agreement with Dutch beer maker dr vijay mallya, united breweries head honcho has denied a sunday times report that his yacht, the kalizma, which previously belonged to hollywood superstars elizabeth taylor and richard burton, was up for sale for a whopping £ 3.9m (approx rs 30 crore). The luxury yacht market caters to the niche business tycoons and industrial empire owners around the globe. But in India, the market is a different ball game altogether with few names like Vijay Mallya, Anil Ambani, the Diwans, the Tatas, and the Godrejs MUMBAI: More than a year after one of India’s top airlines, Kingfisher, stopped flying, its flamboyant owner Vijay Mallya lent to Mallya’s companies, asking not to be named. Mallya, owner of a Formula One team and host of lavish yacht parties .
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