5 Biggest Corporate Newsmakers in India

Bangalore: Who are the major corporate newsmakers in India? The Wall Street Journal tracked which top Indian business leaders are making the headlines in global and regional media, using data compiled by Dow Jones Insight. The power list is updated monthly and this month Vijay Mallya topped the list. The corporate biggies in this month’s India Power List consist of:

1. Vijay Mallya:

The chairman of Kingfisher Ltd. and UB Group has captured the most public attention as he battled to save his debt-ridden and loss-making airline. Vijay Mallya’s Kingfisher Airlines has been the center of controversy over its millions of dollars debt, which led authorities to momentarily freeze its bank accounts. The company failed to pay salaries on time to its staff, who have started turning up to work on a sometimes basis. As a result of it, delays and cancellations have become the norm for Kingfisher flights. Recently, the rapidly-expanding Gulf airlines said they may invest in Indian carries, raising hopes for Kingfisher that money could flow in.