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    VIJAY Mallya 1

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    CHAITRALI PAWAR

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    VIJAY Mallya 1

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    CHAITRALI PAWAR
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    2 views11 pages

    VIJAY Mallya 1

    Uploaded by

    CHAITRALI PAWAR

    Copyright:

    © All Rights Reserved
    Download as ODP, PDF, TXT or read online from Scribd
    Download as odp, pdf, or txt
    of 11

    THE VIJAY MALLYA CASE

    Presented by-

    Vaishali Mali
    Rashi Katey
    Ashley Anthony
    Vanshika Singh
    Chaitrali Pawar
    Madhura Mitkari
    Nandini Singh
    Chinmayi Dixit
    Sakshi Kakade
    Divya Thite
    INTRODUCTION

     Vijay Mallya is an Indian businessman known for his ventures in the liquor
    and aviation industries.
     Once hailed as the “King of Good Times” due to his extravagant lifestyle and
    the success of his businesses, became one of the most controversial figures
    in India due to financial scandals surrounding him.
    EARLY LIFE

     Born on 18th December , 1955 in Bantwal, karnataka.


     Father’s Name – Late Shri. Vittal Mallya
     Mother’s Name- Smt. Lalitha Mallya
     Educational Qualification-
     B.Com Degree in St. Xavier’s College, Kolkata .
     Doctorate of Philosophy in Business Administration .

    BUSINESS INSIGHT

     Vijay Mallya was the chairman of United Breweries Group, which had diverse
    interest including aviation and alcohol.
     His airlines , Kingfisher Airlines, launched in 2005, was a major venture that
    aimed redefining luxury air travel in India.
     However , despite its initial popularity , the airline began facing financial
    troubles.
    BUSINESS

     United Breweries Group


     Alcohol Beverages
     Aviation
     Leisure
     Agriculture
     Information Technology
     Chemicals
    LUXURY AND ACHIEVEMENTS

     Kingfisher was the first Indian Airline to have (IN- FLIGHT


    ENTERTAINMENT ) systems on every seat even on domestic flights .
     Voted as India’s Favourite Airlines.
     Giving its guest a world class experience.
     Making Kingfisher Airlines India’s largest private Airlines.

    FINANCIAL CHALLENGES

     Accumulated Debt- Kingfisher Airlines amassed a significant debt by 2012.


     Loan Defaults- Mallya was accused of defaulting on loans provided by several
    banks despite of poor financial health of Kingfisher Airlines.
     Cash Flow Problem- The Airline experienced severe cash flow issues,
    impacting its ability to meet short- term obligations such as employee
    salaries, fuel payments and maintenance costs.

    INDIAN BUSINESS TYCOONS AND
    PUBLIC PERCEPTION

     Increased Scrutiny.
     Public Distrust.
     Legal Consequences.
     Impact on Business Reputation.
     Corporate Governance Focus.
     Impact on Lending practices.
     Media and Public Opinion.
    SWOT ANALYSIS
    Ø Strength
    § Risk taker.
    § Leadership qualities.
    § Having creativity skills.
    §
    Ø Weaknesses
    § Huge borrowed funds.
    § Trying to run Airline like a liquor business.
    §
    Ø Opportunity
    § The Heineken deal.
    §
    Ø THREAT
    § Competition from other airlines like jet airways.
    LESSON LEARNED

     Financial Transparency-Bank providing loans should conduct thorough due


    diligence on the financial health of borrowing entities.
     Reputation Management- Maintaining a positive business reputation is crucial;
    actions that negatively impact reputation can have long- lasting
    consequences.
     Risk Management- Adequate risk management strategies should be in place to
    identify and mitigate financial risks, preventing crisis.
    CONCLUSION

     In conclusion, the case of Kingfisher Airlines and Vijay Mallya serves as a


    cautionary tale in the realm of corporate governance and financial
    management.
     The airline’s downfall, marked by operational losses and mounting debts
    raised questions about lending practices as several banks extended loans
    despite its poor financial health.
     The Case highlights the importance of financial transparency and due
    diligence lending practices.

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