Arrest warrant issued for Kingfisher's Vijay Mallya

Oct 13, 2012, 12:00 AM EDT
Chairman and CEO of India's Kingfisher Airlines Vijay Mallya talks on his cellphone  in New Delhi on March 15, 2012. On Friday, court in the south Indian city of Hyderabad issued an arrest warrant for the owner of the cash-strapped airline.
AFP/Getty Images/MANAN VATSYAYANA

A court in the south Indian city of Hyderabad has issued an arrest warrant for the owner of the cash-strapped airline. The warrant relates to a case brought by Hyderabad International Airport after cheques, worth 103 million rupees ($1.9m), bounced. The airline grounded its fleet on October 1 after some workers went on strike protesting against months of unpaid wages.

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