Kingfisher is worth saving, but auction it

Kingfisher Airlines is deep in the red. Should the government organize its rescue ? Critics say that it has already been rescued in the past thanks to Vijay Mallya's political clout, yet it has never made a profit since inception. When millions of small businesses are allowed to go bust when banks cut off credit to thousands of smaller defaulters, rescuing Kingfisher will smack of crony capitalism. 

Read Full Story>>