Vijay Mallya granted bail within 3 hours of arrest
Liquor baron Vijay Mallya, who was arrested by the London Police on Tuesday, has been granted bail within three hours of his arrest. The beleaguered businessman is wanted in India for defaulting on loans worth around â¹9,000 crore related to Kingfisher Airlines that was grounded in 2012. Mallya was declared a wilful defaulter last year.