How prosperous a country is, is directly dependent on the amount of Capital invested per capita. Capital is earnings saved, not consumed. If Mallya had collected all the money he needed as share Capital, instead of loans from the banks. most likely he would still be in business, and Kingfisher would still be up and flying.
Why India Can't Produce One World Class MNC
Why India Can't Produce One World Class MNC
Why India Can't Produce One World Class MNC
How prosperous a country is, is directly dependent on the amount of Capital invested per capita. Capital is earnings saved, not consumed. If Mallya had collected all the money he needed as share Capital, instead of loans from the banks. most likely he would still be in business, and Kingfisher would still be up and flying.