Vijay Mallya on buying spree, has money for horses but not employees

Vijay Mallya is getting Air Support for several crores of rupees. But this is nothing to do with his grounded Kingfisher Airlines. The UB Group chairman is paying top dollar for an imported stallion to strengthen his hold in India's multi-million dollar racing circuit.Mallya, who started owning race horses at the age of 21, is among India's top three horse owners and breeders along with the Poonawalla family and M A M Ramaswamy, founder of the Chettinad Group of companies.The six-year-old Air Support, after being in quarantine in Chennai for 60 days, will add to a list of imported stallions bought to breed racehorses at the historic 450-acre Kunigal stud farm, which Mallya took over in 1992.For More information on this news visit : http://www.newsx.com/Connect with us on Social platform at : http://www.facebook.com/newsxonlineSubscribe to our YouTube Channel : http://www.youtube.com/newsxlive