Vijay Mallya’s stud farm in Karnataka is going through trying times and his ‘hobby horses’ may be put out to pasture.
The broodmares are out sunning themselves and so are stallions Air Support and Sanus Per Aquam in their separate paddocks in the idyllic settings of Kunigal stud farm, away from the intense glare their owner Vijay Mallya is facing. But, as with all things Mallya, a cloud of uncertainty hangs over Kunigal, India’s oldest stud farm where Tipu Sultan raised horses for his cavalry.
First, the legal tangles—slow cooking for a few years now. The debts recovery tribunal put up for auction Mallya’s shares in his racing outfit United Racing and Bloodstock Breeders (URBB) this October. Predictably, no bids came, given that the income tax department has a charge on those shares. The department also put out a reminder—that a share sale would be void—days before the auction. Besides, Mallya doesn’t own the stud farm. Back in 1992, when the ‘King of Good Times’ was at the top of his game, URBB took over the farm on a 30-year lease from the Karnataka government which owns the property. With the lease ending in four years, there’s an added element of uncertainty as to what happens next.
هذه القصة مأخوذة من طبعة December 31, 2018 من Outlook.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 31, 2018 من Outlook.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
DharmasthalaMantra of Development
Heggade's Path of Development towards Athmanirbharata Traced, How Temples can Transform Life, Economically and Socially
Forking Paths of Sanatana and Dravidian Thought
The evolution from devotional egalitarianism to social justice
Left, Hand Drive
Whether the Congress' Rahul Gandhi or CPI's Annie Raja wins, Wayanad has widened the chasm in the INDIA bloc
Coastal Turbulence
Udupi, Dakshina Kannada and Uttara Kannada-districts in coastal Karnataka, which witnessed increased instances of polarisation in the last few years-have been the BJP's stronghold
A Return to the Ballot?
Separatist politics may not influence the general elections in Kashmir this time
Miya, Axomia and Tea
The BJP hopes to sweep Assam in the Lok Sabha polls riding on PM Modi and CM Himanta Biswa Sarma's development and Hindutva agenda. The Opposition has constituency-specific strategies
The Stained Floodplains
In the calm foothills of the Eastern Himalayas, there is a storm brewing between the BJP and the TMC. The voters are divided
Minimum Support Life
Politicians visiting Madhya Pradesh are making big promises to the people, but for the Adivasis, it's still about Jal, Jungle, Jameen
Divine Dividend
Arun Govil, who played Lord Ram in the popular television series, Ramayan, flips the conventions of devotion on the campaign trail
Next Gen Bahujan
Nagina Lok Sabha constituency in Bijnor district has emerged as a key battleground for the future of Dalit politics in Uttar Pradesh